Meezan Bank, Pakistan’s first and largest Islamic bank, has gone live with PayFast, Pakistan’s first payment gateway, and fifth PSO/PSP overall, to receive commercial approval from the State Bank. The gateway shall allow the Bank’s customers to transact online by simply using their bank accounts. Other than bank account numbers, PayFast allows customers to make […]
PayFast, the indigenous payments solution by APPS, is now the first payment gateway in the country to receive commercial license from the State Bank of Pakistan (SBP) under its rules for Payment System Operators / Providers (PSO/PSP). PayFast enables merchants, billers and aggregators to receive payments from their customers through a variety of methods such […]
The Body Shop, a renowned cosmetics, skincare and fragrance company, has embraced digital payments for its customers through PayFast, an indigenous payment gateway by Avanza Premier Payment Services (APPS). PayFast, regulated by the State Bank of Pakistan, allows merchants to receive payments from their customers through various methods, such as their bank account numbers, mobile […]
Avanza Premier Payment Services (APPS) has partnered with 1LINK to enable PayPak – Pakistan’s first and only domestic payment scheme for e-commerce acceptance through PayFast – APPS’ online payment gateway. This collaboration will enable PayPak cardholders of participating issuers to perform e-commerce transactions on over 100 APPS’ online merchants via PayFast gateway. Keeping the security […]
Avanza Premier Payment Services, Pakistan’s fastest growing fintech, and AIIT Solutions are pleased to announce they have entered into a strategic partnership, combining AIIT Solutions’ industry leading IT and Cloud services with PayFast’s diverse and 3D Secure payment gateway. Through this partnership, AIIT Solutions will act as an aggregator, and its vast clients ecosystem will […]
Tech Giant Dany and Sound Industry spearhead Audionic have partnered with Pakistan’s fastest growing Fintech Avanza Premier Payment Services (APPS) to enhance the digital payment experience through PayFast. Approved for Pilot Operations by the State Bank of Pakistan as a PSO/PSP, PayFast allows customers to make real-time payments from their Bank Account Numbers, Payment Cards, […]
Bohra Developers, a renowned business solutions provider, has partnered with the fastest growing Pakistani fintech, Avanza Premier Payment Services (APPS), in order to facilitate the enablement of multi instrument payment methods through the latter’s indigenous payment gateway, PayFast. Through this partnership, Bohra Developers will act as an aggregator, and its vast client’s ecosystem will join […]
PayFast brings the ultimate and innovative solution to address the pain points of the digital payments industry of Pakistan. Pakistan has over 80 million 3G/4G subscribers, and the huge potential of eCommerce, the market value is estimated at USD 2 billion with a remarkable average yearly growth of 58%. COVID has evidently caused a boom […]
Bank Alfalah and PayFast have joined hands to enable MasterCard Payment Gateway Services (MPGS) on PayFast’s payment gateway with the objective of transforming the financial services sector in Pakistan. The partnership will make PayFast the only payment gateway solution in Pakistan to offer multiple financial instrument acceptance i.e. bank accounts, mobile wallets and scheme cards […]
Numerous data breaches have taken place in Pakistan in recent years, card skimming and fraudulent transactions are not uncommon occurrences especially in the payment sector. In response to the ever growing need of cyber security, PayFast; a robust payment gateway service, has recently received the coveted PCI DSS (Payment Card Industry Data Security Standard) Certification, […]