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...
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
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...
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
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
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
UBL launches mobile contactless payments with Gemalto, Visa
UBL is the first bank in Pakistan who has partnered up with Gemalto, Visa and 1LINK to launch digital payment through tokenisation...
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
Amazon eyes expansion in Pakistan, eager to capture e-commerce market
Amazon officials have also ensured that every effort would be made to make the process of selling on Amazon easy for Pakistani nationals.
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...
Pakistani freelancers to regain access to blocked funds on Payoneer cards today Â
Preempting the positive decision, CEO Payoneer says company to ensure access to blocked funds regardless of outcome of scandal probe.
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...
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’...