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HBL companions with NIFT ePay to speed up digital funds in Pakistan

by Pakistan Latest News Update

KARACHI – HBL and NIFT ePay have joined fingers to speed up digital funds in Pakistan. By way of this partnership, HBL prospects will get pleasure from the advantages of constructing digital funds to greater than 400 NIFT ePay accomplice establishments and retailers utilizing their HBL financial institution accounts. Equally, the purchasers of different NIFT ePay accomplice banks will have the ability to make Digital Funds to HBL retailers thus creating an expanded enabling surroundings.

This initiative will contribute considerably in the direction of the uptake of digital funds in Pakistan and allow individuals to carry out safe on-line purchases utilizing their financial institution accounts. It is going to develop the pool of pre-paid prospects for retailers, making a win-win situation for everybody.

As Pakistan’s e-commerce trade grows, HBL continues to accomplice with Fintechs that supply safe, fast, and handy digital fee options. The strategic partnership between HBL and NIFT ePay will propel Pakistan’s fee ecosystem, meet the rising want for handy and safe on-line fee choices on e-commerce platforms, and add one other layer of ease to the web procuring expertise.

Commenting on the partnership, Kamran Jaffery, Head of Digital Channels and Options – at HBL, mentioned, “As a technology company with a banking license, we strive to empower our clients through our suite of digital payment solutions. This partnership with NIFT ePay enables clients with yet another option to make payments to merchants directly from their bank accounts. We believe this will fuel growth in online purchases, expanding the digital ecosystem of the country”

Commenting on the partnership, Haider Wahab, CEO – NIFT, mentioned, “We are delighted to collaborate with HBL for expanding the usage of Digital Financial Services in Pakistan. This collaboration will enable millions of HBL customers to make digital payments to a variety of NIFT ePay merchants. Digital connectivity, convenience, and security have always been at the forefront of NIFT ePay’s vision, and by partnering with HBL, we can reach to masses and facilitate them in making Digital Payments securely. Congratulations to teams of HBL, TPS and NIFT in ensuring smooth and early integration and enablement of services.”

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