Payments

Abbasi and Company Pvt. Ltd. has joined Bank AL Habib’s Digital Payment Initiative under the State Bank of Pakistan’s guidance, becoming one of the first PSX brokerage houses to adopt QR-based digital payments, advancing the country’s vision of a cashless and digital economy.

PaySa, Pakistan’s newest Electronic Money Institution, has partnered with Covalent to deploy its award-winning Taabiir platform, aiming to accelerate digital payments and enhance merchant services across the country.

Neem and Leopards Courier Services launch the Leopards Wallet for merchants across Pakistan, offering real-time settlements and seamless fund management through Neem’s digital payments infrastructure.

Premier Systems’ subsidiary, Premier Code Pvt. Ltd., has signed a Joint Technology Transfer and Development Agreement with Fujian Centerm Information Co. Ltd. at the B2B Investment Forum in Beijing, marking a major step toward local POS manufacturing and advancing Pakistan’s digital payments ecosystem.

1LINK has onboarded InnovExcell Pvt Ltd as an aggregator on its 1BILL platform, enabling customers to make secure and convenient digital payments through mobile and internet banking, ATMs, and OTC channels across 1LINK member banks.

Karandaaz Pakistan has launched the AI in Digital Payments Challenge 2025, inviting innovators, fintechs, and financial institutions to showcase AI-powered solutions that enhance security, efficiency, and inclusion in the payments ecosystem.