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Meezan Bank & PayFast Revolution of Digital Payments Pakistan

The first and largest Islamic bank in Pakistan, Meezan Bank, has gone online with PayFast, Pakistan’s first payment gateway and the fifth PSO/PSP overall to get commercial permission from the State Bank. The gateway shall enable customers of the Bank to conduct online transactions using only their bank accounts.

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PayFast enables clients to make real-time payments using payment cards and mobile wallets on the merchant network of APPS, which includes eCommerce merchants, marketplaces, schools, billers, and others.

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Mr. Shariq Mubeen, Head of Alternate Distribution Channels at Meezan Bank, stated, “We are thrilled to work with APPS as part of Meezan Bank’s aim to cooperate with the premier Fintechs in Pakistan. The PayFast payment gateway by APPS will provide an innovative, secure, and user-friendly account-based payment alternative for our clients on multiple eCommerce websites and Billers in Pakistan.”

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