With perfect aim to simplify cross-border payments for businesses and freelancers in Pakistan, NayaPay is all set to provide smooth experience with digital payment solutions in Pakistan.
With continuous struggle for more than 5 years, NayaPay is trying hard to provide Pakistani Consumers a great platform to simplify cross-border payments in Pakistan. Partnering up with top-class financial institutions in Pakistan like Meezan Bank, Faysal Bank & 1Link respectively, they’re almost set to roll out.
Danish A. Lakhani (CEO – NayaPay) said in a statement:
We are excited to begin this journey with the first generation of nayapay users. we look forward to becoming a part of people’s daily lives with a digital platform that enables meaningful interactions for individuals and businesses.
What is NayaPay?
As an Electronic Money or E-Money Institution, NayaPay will enable users to Digital Payment account within seconds. You can say an innovative or digital platform that empowers merchants and consumers to communicate and transact conveniently and securely.
As an EMI, it enables customers to open digital wallet and make hassle-free digital transactions from their wallet within few clicks. Users will be able to access funds through NayaPay app or the debit-card associated with the user account, accepted at thousand of ATMs nationwide.
They have already partnered up with Meezan Bank, 1Link, Faysal Bank, Telenor & Zong 4G. NayaPay is now also a ISO 27001 Certified & PCI DSS Certified company.
With the prior approval by SBP & Greenlighted by SBP, NayaPay is an upcoming E-money company that will start commencing operations on a limited scale. It is the second payment company to be provided with such permission in Pakistan.
After hearing the news on 29th July that NayaPay and Visa partner to fast-track digital payments in Pakistan, It is confirm that they’re all set to launch anytime soon. Though, a fixed date hasn’t been provided yet!
Digital Payments Solution in Pakistan
Pakistan is a growing-pace country in South Asia, though lacks almost all digital solutions that we should have. Know that Pakistani Freelancing and IT industry is growing day by day, but we are lack of digital payments and other solutions. Without the operations of PayPal, Amazon and many other well-known companies, Pakistani Freelancers & International Business Consumers face a lot of cross-border payment issues.
After watching all those situations, here comes now NayaPay which is almost all set to start business operations in Pakistan to simplify digital payments for Pakistani users & freelancers. With the aim to simplify cross-border payments in Digital Pakistan.
As a freelancer myself, I must say that Pakistan is the only Atomic Power which lacks all other IT & Digital Solutions. In 21st century, and in 2020; We still have no facilities of Digital Health, Digital Payment Solutions and all other digital solutions that should be present in Pakistan.
No Operations from PayPal, No Amazon, No Google Street View, Nothing; We still have a hope as Pakistanis that one day we will overcome all this things with the fast-growing Digital & IT Solutions.
We hope the best success to NayaPay, and we wish them best of luck! -Adnan Sarwar