Tag: Bank Alfalah

Bank Alfalah partners with Oilco Petroleum to onboard its retail network onto ALFA B2B and Raast QR platforms for automated collections.

Benazir Income Support Programme partners with 1LINK and leading financial institutions to launch interoperable payment withdrawals for social protection beneficiaries across Pakistan.

Bank Alfalah Digital Banking partners with United Motors to introduce instant Raast QR code based car bookings across twenty two Jetour showrooms in Pakistan.

Quwat Services Private Limited officially goes live on the 1LINK network as a Non Banking 1BILL Initiator to expand digital bill payments and merchant transactions.

Parwaaz Financial Services Ltd and Bank Alfalah collaborate to enhance the digital payment ecosystem by offering simpler and faster repayment solutions for customers.

Wavetec strengthens its banking automation presence in Pakistan by onboarding its ninth Cash Deposit Machine client, expanding partnerships with major banks.

Bank Alfalah’s AlfaMall integrates a specialized fashion marketplace powered by Comverse, offering 150 plus brands and 100,000 plus products through a seamless checkout.

Bank Alfalah partners with Euro Oil Pakistan to deploy Raast P2M QR payments at over 150 fuel stations, advancing Pakistan’s cashless economy and promoting convenient digital transactions nationwide.

Bank Alfalah and Shell Pakistan have launched Raast P2M QR payments at 42 Shell COCO fuel stations, enabling customers to scan and pay through any Raast-enabled banking app, promoting secure cashless transactions and supporting Pakistan’s digital payments transformation.

The Capital Development Authority (CDA) has launched a fully cashless payment system at its One Window Facilitation Center, marking a major milestone in Islamabad’s journey toward becoming Pakistan’s first fully digital and smart city.

Bank Alfalah and the Legal Aid Society have launched the “ADAL” initiative to enhance financial and legal literacy in marginalized communities across Karachi. Backed by PKR 6 million from Bank Alfalah, the year-long program aims to empower 2,000 people through education, awareness, and pro bono legal support.

Bank Alfalah and NCCPL have signed an MoU to strengthen commercial banks’ role in Pakistan’s capital markets by exploring avenues such as margin trading, Shariah-compliant products, and expanding opportunities for local and overseas investors.