Soneri Bank and NayaPay Partner to Boost Digital Payments in Pakistan

Pakistan’s leading financial institutions, Soneri Bank, and fintech platform NayaPay, announced a strategic partnership to improve the country’s digital payment landscape.

This collaboration aims to unlock new possibilities in the digital banking sector. Soneri Bank’s vast experience combined with NayaPay’s innovative fintech solutions will empower customers with greater control over their finances.

The partnership will enable seamless fund transfers between Soneri Bank accounts and NayaPay wallets. Additionally,customers can directly pay NayaPay merchants using their Soneri Bank accounts.

“We are delighted to partner with NayaPay,” said Syed Amir Raza, Chief Digital and Innovation Officer at Soneri Bank.”This collaboration will unlock new possibilities and allow us to thrive in the increasingly digital landscape.”

Omar Askari, Chief Business Officer at NayaPay, echoed the sentiment. “We are incredibly excited to collaborate with Soneri Bank. Linking accounts for seamless fund transfers aligns with our vision for open banking and empowers Pakistanis to manage their finances effectively.”

This partnership is a significant step towards a more robust digital payment ecosystem in Pakistan, benefiting both institutions’ customers and businesses accepting NayaPay payments.

Source: Press Release 

Hot this week

TDAP Trains Trade Help Desk Officials on Digital Trade Tools, Export Procedures, Market Access and Business Facilitation

TDAP conducts virtual training for trade help desk officials on digital trade tools, export procedures, market access and business facilitation.

BankIslami and Mastercard Sign 10-Year Partnership to Expand Shariah-Compliant Payment Cards

BankIslami and Mastercard have entered a 10-year strategic partnership to introduce Shariah-compliant cards, Islamic credit card services, SME payment solutions and a unified loyalty platform.

Raqami Islamic Digital Bank Partners With NiFT For Digital Cheque Clearing Services In Pakistan

Raqami Islamic Digital Bank has partnered with NiFT to support paper-based and digital cheque clearing, expanding its banking infrastructure and transaction processing capabilities.

Pakistan Future of Retail Summit 2026 Returns to Lahore for Sixth Edition Focusing on Retail Technology and Innovation

The sixth Pakistan Future of Retail Business Summit and Expo will take place on November 17, 2026, at PC Hotel Lahore, bringing together retail industry participants.

Crescent Star Insurance Group Launches Technology and InsurTech Operations Through CST

Crescent Star Insurance’s group company, Crescent Star Technologies, has started operations in AI, software development, digital solutions and insurance technology.

Topics

TDAP Trains Trade Help Desk Officials on Digital Trade Tools, Export Procedures, Market Access and Business Facilitation

TDAP conducts virtual training for trade help desk officials on digital trade tools, export procedures, market access and business facilitation.

BankIslami and Mastercard Sign 10-Year Partnership to Expand Shariah-Compliant Payment Cards

BankIslami and Mastercard have entered a 10-year strategic partnership to introduce Shariah-compliant cards, Islamic credit card services, SME payment solutions and a unified loyalty platform.

Raqami Islamic Digital Bank Partners With NiFT For Digital Cheque Clearing Services In Pakistan

Raqami Islamic Digital Bank has partnered with NiFT to support paper-based and digital cheque clearing, expanding its banking infrastructure and transaction processing capabilities.

Pakistan Future of Retail Summit 2026 Returns to Lahore for Sixth Edition Focusing on Retail Technology and Innovation

The sixth Pakistan Future of Retail Business Summit and Expo will take place on November 17, 2026, at PC Hotel Lahore, bringing together retail industry participants.

Crescent Star Insurance Group Launches Technology and InsurTech Operations Through CST

Crescent Star Insurance’s group company, Crescent Star Technologies, has started operations in AI, software development, digital solutions and insurance technology.

SECP Issues Targeted Financial Sanctions Guidebook To Improve Compliance And Prevent Illicit Financial Activities In Pakistan

SECP has issued a Targeted Financial Sanctions Guidebook to help regulated entities screen customers, freeze designated assets and comply with Pakistan’s AML/CFT/PF requirements.

SBP Financial Inclusion Index Rises to 59.5 As Digital Payments And Banking Access Improve Across Pakistan

The State Bank of Pakistan reports a rise in the Financial Inclusion Index to 59.5 in 2025, supported by digital payments, Raast merchant onboarding and digital banking initiatives.

1LINK Onboards A2Z E-Payments on Raast P2M Through UBL to Expand QR Based Digital Bill Payments

1LINK has onboarded A2Z E-Payments on 1GO Raast P2M services, enabling billers to accept digital payments through static QR codes with UBL as the settlement bank.
spot_img

Related Articles

Popular Categories