The problem is access to credit, not payments claims Abhi CEO at World Economic Forum

Representing Pakistan’s fintech community at World Economic Forum, Omair Ansari claims it is a fallacy that Pakistan has a big unbanked population because of the impact of the telcos.

NayaPay, Alipay+ partner to boost global payments into Pakistan

The fintech platforms will use QR codes compatible with Raast and Alipay+ payment partners to enable cashless transactions and support SMEs

Pakistan to begin PayPal payments for freelancers in February

ISLAMABAD: In a significant development for Pakistan's freelance community, the Caretaker Federal Minister for Information Technology and Telecommunication, Dr. Umar Saif, announced...

SBP launches Raast P2M service to facilitate digital payment acceptance

New service enables customers and merchants to make and receive digital payments via QR codes, RTP, IBAN, and Merchant Alias

What’s next for Pakistan’s earliest startup veteran?

The startup ecosystem has had a rollercoaster ride. Does one of its oldest occupants have another trick up his sleeve?

Mudassar Aqil is leaving Telenor Microfinance Bank (EasyPaisa), but what is he leaving behind?

After putting the business on a profitable path, Aqil bids farewell to one of the largest microfinance institutions in the country

Ladies and gentlemen, here are your digital banks

With the central bank finally issuing NOCs for setting up digital banks, Profit looks at the contenders and their intentions

Cards not accepted here: Why fuel stations are turning on digital payments

OMCs are in a conundrum, and will face the possibility of a constriction in overall volumes

Data usage jumped 25pc, revenue from voice traffic declined 10pc during lockdown

ISLAMABAD:  Apart from other impacts of the outbreak of coronavirus, the lockdowns and work from home initiatives have also changed the consumers’...

Pakistani freelancers to regain access to blocked funds on Payoneer cards today  

Preempting the positive decision, CEO Payoneer says company to ensure access to blocked funds regardless of outcome of scandal probe.

The promising life and tragic death of Inov8

Founders of Pakistan’s most valuable fintech, Bashir and Hasnain Sheikh squandered potential that they had for years, all the while trying to ‘fake it till you make it’. This is their story: a business tragedy in five parts, and the hamartia is hubris

Covid-19: 1LINK collaborates with Bookme to facilitate online ticketing

LAHORE: E-payment network 1LINK has partnered with online ticketing startup for 1LINK – 1BILL aggregation services to simplify digital payments for...

Bitcoin breaches $10,000 to hit highest level since October

Bitcoin is back above $10,000. The largest cryptocurrency’s recent upward momentum carried it past that psychologically significant level on Sunday for the first...

Banks asked to improve digital payment system

KARACHI: The State Bank of Pakistan on Monday directed the banking industry to improve acceptance of payment cards across the country. The directive...

Tania Aidrus’s big bet on creating a Digital Pakistan

It started, as things often do in Pakistan, with a WhatsApp forward. On Thursday, December 5, a group of Pakistanis living in...