NS Developers has officially joined 1LINK as a Non-Banking Initiator (NBI), marking a significant step forward in Pakistan’s digital payments ecosystem. The partnership, with UBL serving as the settlement bank, aims to drive growth in cashless transactions and promote greater convenience and transparency for end-users.
The signing ceremony brought together leadership teams from all parties, including Mr. Shakir Ullah, CEO of NS Developers, Mr. Najeeb Agrawalla, CEO of 1LINK, Mr. Bashir Khan, Chief Commercial Officer of 1LINK, and Mr. Muhammad Kashif, Regional Head Institutional Sales & Head Acquiring South, Digital Banking Group at UBL. The collaborative effort underscores a shared commitment to advancing digital financial services in Pakistan.
Through this partnership, NS Developers will leverage 1LINK’s robust infrastructure and network to facilitate secure, efficient, and scalable payment solutions. By acting as a Non-Banking Initiator, NS Developers will enable end-users to perform digital transactions seamlessly, while UBL ensures smooth settlement processes. The initiative aligns with ongoing efforts to reduce cash dependency and expand the reach of digital financial services across the country.
Commenting on the collaboration, the executives emphasized the strategic value of combining technological innovation with reliable financial infrastructure. This move is expected to enhance user experience, improve transaction transparency, and contribute to the broader financial inclusion agenda in Pakistan.
As digital payments continue to gain momentum nationwide, partnerships like this one are pivotal in supporting the country’s transition toward a more cashless economy. By enabling businesses and consumers to adopt secure, fast, and convenient digital payment channels, 1LINK, NS Developers, and UBL are collectively shaping the future of fintech in Pakistan.
The collaboration also reflects a broader trend in the fintech sector, where banks, payment networks, and technology providers are working closely to develop innovative solutions that meet the evolving needs of digital consumers. With a focus on efficiency, security, and transparency, this partnership is poised to drive sustainable growth in the country’s digital payments landscape.
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