BankIslami Goes Live on PayFast to Digitize Payments
PayFast, the first payment gateway to get Commercial Approval from the State Bank of Pakistan, has announced a strategic relationship with BankIslami that will enable its clients to make online payments using their Bank Account Numbers.
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BankIslami is one of the major Islamic banking institutions in Pakistan in terms of introducing technical advances for its customers’ convenience and comfort.
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In addition to bank account numbers, PayFast enables users to make real-time payments via payment cards and mobile wallets on any of its clients, including e-commerce businesses, marketplaces, schools, and billing companies.
The alliance represents an evolution of Pakistan’s digital financial ecosystem in support of economic digitization.
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