In line with its vision to enable and promote cashless and digital payments, Faysal Bank has signed an agreement with National Institutional Facilitation Technologies (NiFT),
NiFT ePay one of the largest payment processors in Pakistan, to make payments for digital (mobile / electronic) payments possible,Trade, payments via the NiFT DFS platform under the brand name “NiFT ePay”.
Faysal Bank connects to NIFT ePay for digital commerce payments
The agreement opens up new opportunities for both organizations to develop new cases about digital use.
Faysal Bank’s customers and account holders would now have access to the digital trading solutions offered by the NiFT ePayment Gateway and be able to collect digital / online payments from other bank account holders and wallet account holders.
The agreement was signed by Mr. Haider Wahab, CEO of NiFT, and Dato Arif Siddiqui, Chief Digital Officer of Faysal Bank.
On the occasion, Haider Wahab said, “We are delighted to sign with Faysal Bank, which has consistently been a leader in promoting payment system operators in Pakistan and has signed up for NiFT ePay services with highly innovative and exciting plans.
We are convinced that the collaboration between Faysal Bank and NiFT will lead to different and unconventional cases of digital use in the financial sector. “
Sir. Dato Arif said, “At Faysal Bank, we are delighted to be part of NiFT ePay’s growing network of partner banks. Activating and partnering with fintechs such as NiFT ePay is an important pillar of our bank’s digital strategy and we look forward to working with them. “
NiFT ePay sets up an interoperable and secure digital trading company that works with any bank account or wallet in Pakistan. This allows customers to complete e-commerce transactions directly through their bank accounts or wallets.
Faysal Bank is one of the largest commercial banks in Pakistan with a growing network of more than 550 branches operating in commercial, retail, commercial and Islamic banking segments. Faysal Bank is a leader in the delivery of digital channel payment services to retail and corporate clients across Pakistan.
