NBP Funds Signs an Agreement with PAYSYS for Digital Payment Platform which will Ensure Investors’ Ease to Conduct Online Transactions.

Karachi: On March 26, 2019, an agreement signing ceremony was held between NBP Funds and Paysys Labs at NBP Funds head office in Karachi. Under this arrangement, Paysys Labs will provide Digital Banking platform which will enable NBP Funds to manage issuance of Debit cards to it’s customers as well as integrate different digital channels with the financial ecosystem. Paysys Labs will provide it’s OpenConnect financial middleware platform which will allow NBP Funds to open up new avenues for customers to make investments in NBP Funds products.
Mr. Karim Jindani, CEO Paysys Labs signed the agreement and stated “For Paysys Labs it’s always about giving our clients opportunity to be adaptive to changing customer’s behavior. As a FINTECH enabling financial service providers, we believe in providing solutions that create value for our clients. Open Connect Suite of products allows Asset Mangement and Mutual Fund Companies the ability to digitize services for existing customers and to onboard new customers. We are extremely excited to be part of this initiative and hope this association with NBP Funds goes a long way in promoting financial inclusion in Pakistan. Mr. Ali Abbas Sikander Co-founder and Chairman, Paysys Labs was also present on the occasion.

Source: https://www.paysyslabs.com/news-and-events/

Hot this week

Punjab Makes Raast QR Payments Mandatory for Restaurants, Hotels, and Beauty Parlours

Punjab Revenue Authority has mandated Raast QR code–based digital payments for restaurants, hotels, and beauty parlours, requiring SBP-linked QR accounts within 14 days to enhance transparency and documentation.

Bithumb Accidentally Distributes $44 Billion in Bitcoin, Sparks Market Volatility and Regulatory Action

South Korean crypto exchange Bithumb mistakenly distributed over $40 billion worth of bitcoin as promotional rewards, causing a sharp selloff and prompting regulators to review crypto exchange controls.

ABHI Microfinance Bank Drives Pakistan’s Fintech Growth with Embedded Finance and Payroll Technology

ABHI Microfinance Bank, a Special Technology Zones Authority enterprise, is transforming Pakistan’s digital finance ecosystem with API-driven embedded finance and real-time payroll solutions.

Dr Kabir Ahmed Sidhu Assumes Charge as SECP Chairman, Sets Reform-Driven Agenda for Pakistan’s Financial Sector

Dr Kabir Ahmed Sidhu takes charge as SECP Chairman, pledging reforms in insurance, capital markets, non-banking finance, and digital transformation to enhance financial inclusion and economic growth.

Fintech and Banking Leaders to Convene in Riyadh to Rethink MSME Lending Models

Banking and fintech leaders will gather in Riyadh on February 10 to discuss structural challenges in MSME lending and explore scalable, data-driven credit solutions.

Topics

Punjab Makes Raast QR Payments Mandatory for Restaurants, Hotels, and Beauty Parlours

Punjab Revenue Authority has mandated Raast QR code–based digital payments for restaurants, hotels, and beauty parlours, requiring SBP-linked QR accounts within 14 days to enhance transparency and documentation.

Bithumb Accidentally Distributes $44 Billion in Bitcoin, Sparks Market Volatility and Regulatory Action

South Korean crypto exchange Bithumb mistakenly distributed over $40 billion worth of bitcoin as promotional rewards, causing a sharp selloff and prompting regulators to review crypto exchange controls.

ABHI Microfinance Bank Drives Pakistan’s Fintech Growth with Embedded Finance and Payroll Technology

ABHI Microfinance Bank, a Special Technology Zones Authority enterprise, is transforming Pakistan’s digital finance ecosystem with API-driven embedded finance and real-time payroll solutions.

Dr Kabir Ahmed Sidhu Assumes Charge as SECP Chairman, Sets Reform-Driven Agenda for Pakistan’s Financial Sector

Dr Kabir Ahmed Sidhu takes charge as SECP Chairman, pledging reforms in insurance, capital markets, non-banking finance, and digital transformation to enhance financial inclusion and economic growth.

Fintech and Banking Leaders to Convene in Riyadh to Rethink MSME Lending Models

Banking and fintech leaders will gather in Riyadh on February 10 to discuss structural challenges in MSME lending and explore scalable, data-driven credit solutions.

KWSC Launches Unified Mobile App and Migrates Bill Collection to 1BILL Platform for Real-Time Digital Payments

Karachi Water & Sewerage Corporation launches its Unified Mobile App and shifts bill collection to the 1BILL platform, enabling real-time digital payments, wider payment channels, and improved service reliability across Karachi.

LUMS Center for Digital Assets Research Partners with Binance Academy for Crypto Seminar

LUMS CEDAR, in collaboration with Binance Academy, invites participants to a seminar on cryptocurrency fundamentals, blockchain technology, and digital assets on 9th February 2026 at LUMS.

QSPL and Unikrew Solutions Join Forces for AI-Driven Digital Identity and Interoperable Finance

QSPL partners with Unikrew Solutions to enhance Pakistan’s digital financial ecosystem through AI-driven onboarding, biometrics, and interoperable agent-based services aligned with SBP’s Agent Interoperability Framework.
spot_img

Related Articles

Popular Categories

spot_imgspot_img