• About
  • Team
  • Advertise
  • Terms
  • Privacy Policy
  • Contact
Monday, March 8, 2021
INCPak
  • World
  • National
    • Islamabad
    • Azad Kashmir
    • Balochistan
    • Khyber Pakhtunkhwa
    • Gilgit Baltistan
    • Sindh
    • Punjab
    • FATA
  • Health
  • Automotive
  • Technology
    • Tech News
    • Custom Roms
    • Tips & Tricks
    • INCPak Forum
    • Reviews
    • Phone Reviews
    • Crypto
    • Stock ROMs
    • What’s new?
    • Computer Stuff
    • INCPak Roms
  • Education
  • Entertainment
  • More
    • Editorial
    • Information
    • Travel
    • Beauty
    • Food
    • Music
    • Movies
    • Sports
    • Documentaries
    • Personalities
    • History
    • Economy
    • Emergency Numbers
No Result
View All Result
INCPak
No Result
View All Result

BankIslami signs up with NIFT ePay for Digital Commerce Payments

by FIA
Jan 15, 2021
in Business
Reading Time: 3min read
A A
0

KARACHI: BankIslami, in line with its vision to enable and promote cash-less and digital payments, becomes the first Islamic bank to go live with NIFT ePay. National Institutional Facilitation Technologies (NIFT), one of the largest payment processors in Pakistan launched its services for enabling digital commerce payments (Mobile / Electronic Commerce Payments) through NIFT’s DFS platform under the brand name “NIFT ePay” last year. The partnership would allow BankIslami’s accountholders, access to digital merchants available under NIFT’s ePay platform, as well as enable the merchants, businesses and institutions with BankIslami to collect digital/online payments from accountholders of other institutions.

BankIslami signs up with NIFT ePay for Digital Commerce Payments

NIFT ePay provides an opportunity to BankIslami’s customers to conduct e-commerce transactions directly through their accounts. BankIslami and NIFT together will be creating various e-commerce activities using interoperable account based digital commerce being offered by NIFT ePayment Gateway. The agreement opens up new opportunities for both organizations to build new digital e-commerce activities.

‘BankIslami’ is a prominent Islamic bank in Pakistan with branch network of over 340+ branches operating in 114+cities nationwide, working in the Corporate, Retail and Consumer Banking segments. BankIslami is focused in providing digital channels to both its retail and business customers for making digital payments and has been taking lead in providing digital solutions to businesses.

The agreement was signed by Mr. Haider Wahab, CEO – NIFT and Mr. Bilal Fiaz, Group Head – Consumer Banking, BankIslami.

Mr. Haider Wahab, CEO – NIFT added, “We are pleased to sign up with BankIslami on NIFT ePay to provide innovative digital banking products to account holders and also help their business relationships in availing digital collection solutions. We are confident that the partnership between BankIslami and NIFT will create innovative digital e-commerce activities under Islamic Banking services.”

Speaking on the occasion, Mr. Bilal Fiaz, Group Head – Consumer Banking, BankIslami welcomed the initiative by NIFT to promote e-commerce transactions. He further added “BankIslami is focused on providing innovative digital solutions for its customers by adding new technology platforms; this partnership with NIFT will provide secure digital payments to BankIslami Customers through their bank accounts on various e-Commerce websites in Pakistan.”

USD to PKR: Dollar rate in Pakistan Today – 15 January 2021

Follow INCPAK on Facebook / Twitter / Instagram  for update.

ShareTweetPin1
Previous Post

Currency Exchange Rate in Pakistan Today – 15 January 2021

Next Post

Petrol prices in Pakistan increased from 16 January 2021

Related Posts

Currency Exchange Rate Pakistan, Currency Rate Pakistan, Exchange Rate
Business

Currency Exchange Rate in Pakistan Today – 5 March 2021

by Ali Gulrez
Mar 5, 2021
USD to PKR, Dollar Rate in Pakistan, Dollar to PKR, US Dollar, Pakistani Rupee, Exchange Rate, PKR
Business

USD to PKR: Dollar rate in Pakistan Today – 5 March 2021

by Ali Gulrez
Mar 5, 2021
Gold Rate in Pakistan, Gold Rate Pakistan, Gold Price in Pakistan, Gold Price Pakistan, Gold Rate in Pakistan Today, Gold Price in Pakistan Today, Gold Rate, Gold Price
Business

Gold Rate in Pakistan Today – 5 March 2021

by Ali Gulrez
Mar 5, 2021
Currency Exchange Rate Pakistan, Currency Rate Pakistan, Exchange Rate
Business

Currency Exchange Rate in Pakistan Today – 4 March 2021

by Ali Gulrez
Mar 4, 2021
USD to PKR, Dollar Rate in Pakistan, Dollar to PKR, US Dollar, Pakistani Rupee, Exchange Rate, PKR
Business

USD to PKR: Dollar rate in Pakistan Today – 4 March 2021

by Ali Gulrez
Mar 4, 2021
Gold Rate in Pakistan, Gold Rate Pakistan, Gold Price in Pakistan, Gold Price Pakistan, Gold Rate in Pakistan Today, Gold Price in Pakistan Today, Gold Rate, Gold Price
Business

Gold Rate in Pakistan Today – 4 March 2021

by Ali Gulrez
Mar 4, 2021
Gold Rate in Pakistan, Gold Rate Pakistan, Gold Price in Pakistan, Gold Price Pakistan, Gold Rate in Pakistan Today, Gold Price in Pakistan Today, Gold Rate, Gold Price,Gold Rate in Pakistan Today, 3 March 2021
Business

Gold Rate in Pakistan Today – 3 March 2021

by FIA
Mar 3, 2021
Currency Exchange Rate in Pakistan Today - 3 March 2021
Business

Currency Exchange Rate in Pakistan Today – 3 March 2021

by FIA
Mar 3, 2021
Next Post
petrol prices in pakistan, petrol prices pakistan, petrol price pakistan, petrol price, Petroleum Prices

Petrol prices in Pakistan increased from 16 January 2021

schools reopening, schools, educational institutes, school, punjab schools

Schools reopening for classes 9-12 from January 18 as planned

Leave a Reply Cancel reply

Your email address will not be published.

Follow us on Twitter

INCPAK Twitter

Latest

  • Sunflower Seeds: nutritional value, benefits, and side effects
  • Erasmus University Rotterdam Scholarship – Study in the Netherlands
  • Canadian vlogger Rosie Gabrielle ties the knot with Pakistani traveler
  • Is Hyundai Elantra launching in Pakistan?
  • PM Imran Khan secures ‘vote of confidence’ in NA
  • WhatsApp Introduces Voice and Video Calls For Desktop App
  • FAKE NEWS: Punjab Schools Closing in Some Districts
  • Nausheen Shah shares BTS moments from Pehli Si Muhabbat
  • POCO X3 Pro Specification Tipped Online, Launching with POCO F3

Follow us on Instagram

Qries

USD to PKR Rates

Qries

INCPak Official Logo

Independent News Coverage Pakistan - INCPAK Logo

Independent News Coverage Pakistan - INCPak.com

INCPak Official App - Download from Google Play Store

Vehicle Verification Online App

Vehicle Verification Online App

MTMIS Vehicle Verification Online Pakistan - Download from Google Play Store

Site links

  • About INCPak
  • Advertise with Us
  • Terms and Conditions
  • Privacy Policy
  • INCPak Team Members
  • Cookie Policy
  • Contact INCPak
  • About
  • Team
  • Advertise
  • Terms
  • Privacy Policy
  • Contact

Independent News Coverage Pakistan - All Rights Reserved © 2021
This site is hosted by Evolution Host

  • World
  • National
    • Islamabad
    • Azad Kashmir
    • Balochistan
    • Khyber Pakhtunkhwa
    • Gilgit Baltistan
    • Sindh
    • Punjab
    • FATA
  • Health
  • Automotive
  • Technology
    • Tech News
    • Custom Roms
    • Tips & Tricks
    • INCPak Forum
    • Reviews
    • Phone Reviews
    • Crypto
    • Stock ROMs
    • What’s new?
    • Computer Stuff
    • INCPak Roms
  • Education
  • Entertainment
  • More
    • Editorial
    • Information
    • Travel
    • Beauty
    • Food
    • Music
    • Movies
    • Sports
    • Documentaries
    • Personalities
    • History
    • Economy
    • Emergency Numbers
No Result
View All Result

Independent News Coverage Pakistan - All Rights Reserved © 2021
This site is hosted by Evolution Host

Go to mobile version