PakWheels eyes transaction-based business model through its new service ‘Sell it for me’

LAHORE: PakWheels.com, Pakistan's leading online portal for the buying and selling of cars, bikes and auto parts in Pakistan, looks set to...

Mobile broadband fosters digital financial services

Mobile account ownership in Pakistan has witnessed a reasonable increase and crossed the 39 million mark, which was 15 million at the...

All you wanted to know about how to build your own Pakistani e-commerce business (but didn’t know who to ask)

A top executive at one of the leading e-commerce companies in Pakistan breaks down the contours and possible future path of the industry

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...

Alibaba co-founder Jack Ma to retire: New York Times

Ma, who founded Alibaba in 1999, stepped down as chief executive in 2013. He currently serves as the company’s international face at top political and business events

Pakistan’s first blockchain-based cross border remittances service launched

The blockchain-powered remittance service will make round-the-clock, real-time money transfers between the two countries possible at a competitive exchange rate, with Alipay’s transaction fees waived during the one-year trial period

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...

Fintechs: Goliaths of today, dinosaurs of tomorrow?

Innovation is not the done thing in Pakistan’s commercial banking and soon Pakistan’s financial services industry is expected to witness a David-and-Goliath contest of sorts, with Fintechs with negligible capital taking on commercial banks with billions, even trillions, in assets – and beat them

Alibaba vs Tencent in Pakistan?

The battle between China’s internet giants is about to come to Pakistan, and transform the country’s tech industry… but who will it be good for?
Bitcoin

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...

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

Transactions through e-banking channels touched Rs47.4 trillion in FY18: SBP

The number of local e-commerce merchants registered with banks reached 1,094 and consumers carried out 3.4 million online e-commerce transactions valuing Rs 18.7 billion

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’...

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

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