PayFast, the first payment gateway to receive Commercial Approval from the State Bank of Pakistan, has announced a strategic partnership with BankIslami, allowing its customers to make online payments through their Bank Account Numbers. BankIslami is one of Pakistan’s leading Islamic Banking institutions in terms of introducing technological advancements for the convenience and facility of […]
HBL, Pakistan’s largest commercial bank, has gone live with PayFast, Pakistan’s first commercially licensed payment gateway and fifth PSO/PSP overall, to facilitate card-less e-commerce payments (Mobile / Electronic Commerce Payments). Under this partnership, HBL will empower its vast portfolio of e-commerce merchants on HBL Pay (IPG) to accept payments directly through bank accounts covered under […]
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 […]
PayFast has announced seasoned Payment System expert Adnan Ansari has joined as Chief Business Officer, effective April 2020. Adnan’s experience and background will play a catalyst role in achieving PayFast’s vision to take Pakistan’s economy towards a cashless journey. Adnan Ansari is a veteran in the Digital and Financial industry with almost two decades of […]
Although cash is still an important factor when making purchases, the prospect of digital payment gateways replacing this antiquated mode has become a recurring theme for years. The value of total digital transactions is expected to clock in at $10 trillion by 2026. It is therefore no coincidence that many enterprises are adopting this method. […]