Bank Alfalah, one of the largest banks in Pakistan, has gone live with PayFast,
a robust PSO/PSP commercially licensed by the State Bank. With this
partnership, Bank Alfalah’s customers can make online transactions using
their bank account numbers through PayFast.
PayFast allows any business to receive payments from their customers
through a variety of online methods. It functions with the utmost security,
mitigating loss for its clients through industry-standard fraud detection and
PCI-DSS certification. The company enables payment acceptance for all
types of businesses such as E-commerce merchants and retailers,
freelancers, corporations and billing entities.
“At PayFast we strive to revolutionize digital payments in Pakistan and today
we have taken a huge step in the journey by adding Bank Alfalah to our list of
partner banks. It delights us that Alfalah also shares the same enthusiasm we
have to digitize payments in Pakistan” said Adnan Ali – CEO PayFast, in a
statement at the signing ceremony.
“Bank Alfalah has been at the forefront of creating unique avenues that
facilitate customers, especially with respect to digitization. This partnership
with PayFast is another step for us to expand our infrastructure and serve a
wider customer base with convenient, secure and simple banking solutions,”
reiterated Ammar Ikhlas, Head of Retail Payment Solutions– Bank Alfalah.
Bank Alfalah is a leading private bank with more than 800+ ATMs and
branches in 200 cities all across Pakistan and with an international presence in
Afghanistan, Bangladesh, Bahrain and the UAE. The bank offers both
Conventional and Islamic banking services to its customers. In the online and
digital sphere Alfalah has been an integral player in aiding the shift towards
Present at the signing ceremony were Adnan Ali, CEO – PayFast; Ammar
Ikhlas, Head of Retail Payment Solutions – Bank Alfalah; Awais Zafar, Head of
Acquiring Business – Bank Alfalah; and Muhammad Anwar Khawaja, Manager
Digital Acquiring – Bank Alfalah.