Banking Trends

ISLAMABAD: Science and Technology Minister Fawad Chaudhry said on Monday that his next challenge would be to replace debit cards in the country with a mobile phone payment system. “It is necessary for payments to be made easy for technological advancement. Inshallah in the next few months you will be able to make all your payments through […]

Allied Bank Limited (ABL) and Avanza Premier Payment Services (APPS) have collaborated to revamp online transactions through Payfast; APPS’ payment gateway. Payfast will allow the customers of ABL to shop on APPS’ vast merchant network which ranges from schools, billers, mutual funds, marketplaces and other entities via their, bank accounts. Allied Bank is the 5th […]

With the latest version of the Easypaisa Android App, users of other mobile operators can now open and access the most popular branchless banking service that had been up till now limited to Telenor users only. Easypaisa is one of the most popular financial applications in Pakistan and is one of the fastest growing branchless […]

THE central bank  pumped in Rs325.00bn into the banking system on Sept 08, in the open market operation. The injection was made in a one day contract at 5.80pc. The central bank had received bids wor1h Rs341.50bn. According to the weekly statement of position of all scheduled banks for the week ended Aug 19, deposits […]

KARACHI: Bank Alfalah has installed a banking booth at the Sohrab Goth cattle market to facilitate buyers of sacrificial animals ahead of Eid ul Adha, a statement said on Saturday. The facility, ‘Payment on Wheels,’ will help the visitors and buyers make payments and draw/transfer funds easily and securely on the spot. “Aside from the […]

KARACHI – The State Bank of Pakistan, in its quarterly performance review of the banking sector, has highlighted that the asset base of the banking sector has registered an increase of 7.7 percent. The Quarterly Performance Review (QPR) ended 30th June 2016, released on Thursday, marked with significant rise in advances by 7.6 percent, led […]

JazzCash has announced the launch of Near Field Communication (NFC) payments for its mobile account users.Adding more variety in the digital payment eco-system, NFC payments enable users to pay for their purchases via their mobile phone. All one requires is a JazzCash mobile account linked to their NFC sticker, which can be pasted on phone, […]

Special Communications Organization (SCO) has partnered with Bank Alfalah to make its entry into the branchless banking system.The product in the name of S-Paisa will soon be launched for the people of Azad Jammu & Kashmir and Gilgit -Baltistan. With the launch of S-Paisa, people across Azad Jammu & Kashmir and Gilgit- Baltistan would now, […]

ISLAMABAD (NNI): Federal cabinet is all set to formally approve Prime Minister Nawaz Sharif’s development goals programme along with approval of issuance of Rs 10 coin, reported Saturday. According to sources, the federal cabinet’s meeting scheduled to be held on Wednesday will revise the design of Rs 5 coin while a new Rs 10 coin […]

What is Upaisa Debit Card. how to Get a Ufone Upaisa Debit Card. withdraw a Upaisa Atm Card. Buy Mobile Credit With Upaisa Debit card. Pay Your Electricity Bills with Ufone Upaisa Debit Card. Upaisa Complete information in Urdu. Ufone releases UPaisa Debit Card in cooperation with UBank. The debit card will work at ATMs and also retail outlets. With this brand-new service, you don’t have to have a savings accountgiven that you […]