Sunday, March 16, 2025
0.6 C
London

PayFast and Soneri Bank Collaborate for Seamless Digital Payments in Pakistan

In a significant move within the online payment landscape, PayFast, a leading digital payment solutions provider, proudly announces its latest collaboration with Soneri Bank, further establishing its position as a pioneer in the digital payment ecosystem.

Soneri Bank, now the 13th bank integrated into PayFast’s payment gateway, will serve as an acquirer, fostering a positive step for both entities. Through this partnership, Soneri Bank customers gain seamless access to online transactions with over 3,000 PayFast merchants, all from their bank accounts. This strategic alliance enhances PayFast’s commitment to providing Pakistani businesses with an extended array of payment options, catering to millions of shoppers nationwide.

Adnan Ali, CEO at PayFast, expressed, “At PayFast, we help businesses grow by offering a totally seamless transaction experience. Soneri Bank’s extensive reach helps make this possible. Customers will now enjoy added convenience and more choices for payments, leading to speedy, hassle-free transactions.”

Soneri Bank, renowned for its commitment to technological advancement, views this collaboration as a strategic move to enrich its digital payment ecosystem. Syed Amir Raza, Chief Digital & Innovation Officer at Soneri Bank, commented, “In an era where digital transformation is pivotal, our alliance with PayFast underscores our commitment to offer customers advanced, secure, and user-friendly digital payment solutions.”

Aligned with a shared vision of fostering financial inclusivity through innovation, PayFast and Soneri Bank anticipate pushing boundaries and redefining the landscape of digital payments.

The agreement was officially signed at the PayFast head office at NASTP, Karachi, in the presence of Mr. Syed Amir Raza, Chief Digital & Innovation Officer at Soneri Bank, Mr. Adan Ali, CEO of PayFast, and their respective team members.

About PayFast:

PayFast is a leading online payment gateway committed to revolutionizing digital transactions in Pakistan. It offers businesses a unified payment service, facilitating multiple payment method acceptance from cards, mobile wallets, and bank accounts. With a dedication to speed, security, and reliability, PayFast empowers businesses to seamlessly accept payments from local and international customers, maximizing revenue by ensuring a frictionless transaction experience. To learn more: www.gopayfast.com 

About Soneri Bank:

Soneri Bank Limited is a leading full-service commercial bank established on September 28th, 1991, to provide innovative financial solutions and quality customer service. With 440+ branches and ATMs across Pakistan, including 41 Islamic Banking branches, Soneri Bank envisions a prosperous Pakistan. To learn more: https://soneribank.com 

Hot this week

FBR Mandates Digital Payment Integration for All Registered Retailers

The Federal Board of Revenue (FBR) has issued a...

CDC Share Registrar Services Introduces WhatsApp E-Voting for Seamless Shareholder Participation

CDC Share Registrar Services Limited (CDCSR), a wholly owned...

SECP to Host InsureImpact Conference Pakistan 2025 to Advance Insurance Sector Digitalization

The Securities and Exchange Commission of Pakistan (SECP) is...

Telenor Microfinance Bank Rebrands as Easypaisa Digital Bank to Enhance Digital Banking Services

Telenor Microfinance Bank has officially rebranded to Easypaisa Digital...

Meezan Bank Launches Foreign Currency Debit Card for Freelancers and Exporters

Meezan Bank has introduced a new Foreign Currency (FCY)...

Topics

FBR Mandates Digital Payment Integration for All Registered Retailers

The Federal Board of Revenue (FBR) has issued a...

Telenor Microfinance Bank Rebrands as Easypaisa Digital Bank to Enhance Digital Banking Services

Telenor Microfinance Bank has officially rebranded to Easypaisa Digital...

Meezan Bank Launches Foreign Currency Debit Card for Freelancers and Exporters

Meezan Bank has introduced a new Foreign Currency (FCY)...

1LINK Partners with OneNetwork to Facilitate Seamless MTAG Toll Payments on 1BILL Platform

1LINK, Pakistan’s leading payment gateway, has officially integrated OneNetwork...

1LINK Onboards OneNetwork for Effortless MTAG Toll Payments via 1BILL

1LINK (Pvt) Limited, Pakistan’s leading payment gateway, has announced...
spot_img

Related Articles

Popular Categories

spot_imgspot_img