1LINK Onboard PayFast on 1BILL for Bill Payment Services
As a Bill Aggregator member, PayFast has partnered with 1LINK (Pvt.) Ltd to introduce its enterprise digital bill generating and payment service.
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The strategic alignment with 1LINK will enable PayFast to automate and digitise invoices for payment cycles and enable merchants to collect payments from a broader national payment infrastructure (1BILL) via its 24/7 availability on all member’s Mobile/Internet Banking, ATMs, and OTC channels, with HABIBMETRO serving as the settlement bank to facilitate the partnership.
Mr. Najeeb Agrawalla, CEO – 1LINK, Mr. Arshad Raza, Chairman – PayFast, Mr. Adnan Ali, CEO – PayFast, and Syed Abu Tufail, Head of IT – HABIBMETRO Bank, as well as other senior and significant executives of the firms, were present at the event.
Mr. Najeeb Agrawalla spoke on the occasion and added, “1LINK is pleased to add PayFast to its grid for bill collections. Implementation of the bill aggregation model at1LINK is a perfect example of our inclusiveness value, allowing new entrants in the financial services market to collaborate and digitise payment collections.
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Mr. Arshad Raza added, “As turning digital becomes increasingly important for business continuity in the era of COVID-19, this monumental occasion highlights the significance of collaboration between Pakistan’s financial institutions that are digitising the country’s payments infrastructure. I am confident that this strategic cooperation will accelerate the expansion and acceptance of cashless payments across the nation.”
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