1LINK onboards PayFast on 1BILL for Bill Payment services

1LINK (pvt.) Ltd. onboards PayFast on 1BILL for Bill Payment services as a Bill Aggregator member to launch their enterprise digital bill generation and payment solution. The strategic alignment with 1LINK will facilitate PayFast to automate and digitize invoices for payment cycles and enable merchants to collect payments from a wider national payment infrastructure (1BILL) through its 24/7 availability on all member’s Mobile/Internet Banking, ATMs, and OTC channels with HABIBMETRO serving as the settlement bank to facilitate the partnership.

Present at the occasion were Mr. Najeeb Agrawalla, CEO – 1LINK, Mr. Arshad Raza, Chairman – PayFast, Mr. Adnan Ali, CEO – PayFast, and Syed Abu Tufail, Head of IT – HABIBMETRO Bank, along with other senior and key executives of the companies.

Speaking on the occasion, Mr. Najeeb Agrawalla stated, “1LINK is delighted to onboard PayFast on its grid for bill collections. Implementation of bill aggregation model at1LINK is a prime example of our value of inclusiveness, allowing new entrants in the financial services industry to collaborate and digitize payment collections”.

Mr. Arshad Raza stated, “As going digital becomes increasingly vital for business continuity in the times of COVID-19, this momentous occasion signifies the importance of collaboration between financial entities of Pakistan that are digitizing Pakistan’s payments infrastructure. I am certain that this strategic alliance will propel the growth and acceptability of cashless payments within the country”.

Mr. Adnan Ali added “PayFast prides itself in providing solutions to its partner merchants with diverse payments acceptance. By coming under the 1LINK umbrella, it will equip us in enhancing our services suite and helping us equip our corporate merchants with safer, more cost-effective bill collection methods”.

Syed Abu Tufail stated, “HABIBMETRO is committed to facilitating digitization in Pakistan – a goal that it has in common with PayFast. We believe this partnership will further HABIBMETRO’s vision of driving digital enhancements in banking while enabling PayFast to make great strides towards diversity and acceptability of cashless payments in Pakistan.”

About PayFast: 

PayFast is the first entity to receive commercial approval from the State Bank of Pakistan for payment gateway services. It provides multi-instrument acceptance of online payments, targeting Pakistani merchants, freelancers, and corporate billing entities. The company functions with the utmost security, mitigating loss for its customers through due diligence and industry-standard fraud detection. For more information, please visit: https://gopayfast.com/

About 1LINK: 

1LINK (Pvt) Limited, owned by a consortium of 11 banks, is the country’s 1st PSO/PSP and largest switch and payment system, providing a host of valuable online banking services like ATM switching, Bills Payment, Inter Bank Funds Transfer, Fraud Risk Management, Switch Dispute Resolution, International Payment Schemes, PayPak – Domestic Payment Scheme, etc. 1LINK is continuously evolving and adding new products and services to benefit the financial industry. For more information, please visit: https://1link.net.pk/

About HABIBMETRO Bank

HABIBMETRO Bank is a subsidiary of Habib Bank AG Zurich in Pakistan. It is one of the leading trade finance banks in the country and operates with over 450 branches in 165 cities of Pakistan.

For more information, please visit: https://www.habibmetro.com/

PayFast x 6th Creation

PayFast partners with 6thCreation Creative Agency to enable quick, diverse payments on their client base

 

PayFast, the first payment gateway in Pakistan to receive Commercial Approval from the State Bank, has on-boarded marketing giant 6thCreation as an aggregator. The agreement will allow merchants signed by the agency to enable online payments on their websites through PayFast.

 

PayFast allows merchants to receive payments from their customers through various methods, such as their bank account numbers, mobile wallets and debit/credit cards. The gateway functions with the utmost security, thereby mitigating loss for merchants through due diligence and industry-standardfraud detection.

 

6thCreation was founded in 2020 by Omer Shahid and Fahad Maqsood, a team of marketing, management and media production individuals, committed to serving at the forefront of the digital and outdoor advertising and promotional spaces to deliver market-leading results for businesses, events and organizations. They have a diverse portfolio of clients that belong to the FMCG, Fashion, Real Estate, B2B, E-commerce, Health and Education industries.

 

Adnan Ansari, Chief Business Officer – PayFast, said in a statement, “6thCreation has been making huge waves by providing unique and modern marketing solutions for the needs of their clients. We feel proud to welcome the company to our merchant ecosystem and allow it to enable digital payments for its large customer base.”

 

Mr. Omer Shahid, CEO and Co-Founder – 6thCreation, said “PayFast has earned the first commercial license from State Bank of Pakistan for payment gateway as the first digital authorized gateway. Through this signing, we aim to enable a digitized system of payments and 6th Creation wants to be a part of this digital journey for Pakistan in general and for the Fintech Industry in particular. The signing is the new beginning that our input will be a benchmark for any digital partnership. We are hopeful to have a revolutionary shift in the digital payments that is happening around the world and we are also at forefront of digitizing it through PayFast”.

 

For more information, please visit: https://www.gopayfast.com/ and https://www.6thcreation.com/

PayFast x Bonanza

PayFast enables online payments acceptance for retail giant Bonanza|Satrangi

PayFast, the first payment solution in the country to receive Commercial Approval from the State Bank of Pakistan for payment gateway services, is pleased to announce that the retail giant Bonanza|Satrangi has joined its growing list of partner merchants. The partnership will allow the fashion brand to accept digital payments through multiple channels on its E-commerce website.

 

PayFast allows merchants to receive payments from their customers through various methods, such as bank accounts, mobile wallets and international and domestic scheme debit and credit cards. The gateway functions with the utmost security, mitigating loss for its merchants through industry standard fraud detection and PCI-DSS compliance. The company works under four verticals, providing modern digital payments acceptance to Pakistani merchants, freelancers, corporate entities and retailers.

 

With over 40 years of experience, Bonanza|Satrangi continues its legacy of providing superior fabric, value for money and trendsetting apparel to its consumers. It all began in 1976 when the textile industry had not even flourished to its complete potential, that Bonanza initiated ready-made winter wear, particularly knits for men, women and children. Today, with over 80+ outlets across Pakistan, Bonanza stands as an enormous textile giant, offering one-stop clothing solution to its customers, with is wide range of categories, including Men’s Formal Clothing, Knits and Ethnic Wear, Women’s Unstitched, Ready to Wear and Beauty & Fragrances.

 

Adnan Ansari, Chief Business Officer – PayFast, said in a statement, “Although the company has been operating in Pakistan for decades, Bonanza is constantly innovating and bringing in change in order to stay with the times. With this partnership, PayFast will be able to provide the company’s large customer base with safe, cashless transactions. We welcome Bonanza as our newest signee on our journey towards making digital payments the norm.”

 

Nida Siddiqui, Head of E-commerce- Bonanza|Satrangi said in a statement, “We believe in providing seamless user experience and easy payment solutions to our customer base. We look forward to being more inclusive and offer ease of shopping to our valued patrons through this partnership with PayFast.”

 

For more information, please visit: https://www.gopayfast.com or https://bonanzasatrangi.com/

PayFast X Meezan Bank

PayFast and Meezan Bank join hands for the revolution of digital payments in Pakistan

  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 […]

PayFast becomes first Pakistani payment gateway to be granted Commercial License from State Bank of Pakistan, 5th overall

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 […]

Global cosmetics giant The Body Shop Partners with PayFast to enable Digital Payments in Pakistan

  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, […]

APPS and 1LINK partner to enable e-commerce transactions for PayPak Cardholders via PayFast

  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 […]

PayFast and AIIT Solutions announce strategic partnership for the facilitation of online payments acceptance

  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 […]

PayFast collaborates with Dany and its iconic sound division Audionic for digital payment Acceptance

  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 […]

Pakistani E-solutions giant Bohra Developers Partners with PayFast to enable Digital Payments

  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 […]