Payment gateways are electronic platforms that enable merchants to accept online payments from customers. In Pakistan, payment gateways have become increasingly popular in recent years as more and more people turn to the internet for their shopping and banking needs.
There are several payment gateways operating in Pakistan, including:
- JazzCash: JazzCash is a popular payment gateway that is owned by Pakistan's largest telecom company, Mobilink (now known as Jazz). It allows merchants to accept online payments through debit and credit cards, as well as mobile payments through the JazzCash app.
- EasyPaisa: EasyPaisa is a payment gateway owned by Telenor Pakistan, one of the country's largest telecom companies. It allows merchants to accept online payments through debit and credit cards, as well as mobile payments through the EasyPaisa app..
- 2Checkout: 2Checkout is a payment gateway that is popular with e-commerce merchants in Pakistan. It allows merchants to accept online payments through a variety of methods, including debit and credit cards, bank transfers, and mobile payments.
- Payoneer: Payoneer is a payment gateway that is popular with freelancers and small businesses in Pakistan. It allows merchants to accept online payments through a variety of methods, including debit and credit cards, bank transfers, and mobile payments.
There are also several local banks in Pakistan that offer payment gateway services, including Bank Alfalah, Standard Chartered, and Faysal Bank.
JazzCash
JazzCash is a payment gateway owned by Jazz, Pakistan's largest telecom company. It allows merchants to accept online payments through a variety of methods, including debit and credit cards, bank transfers, and mobile payments through the JazzCash app.
Some of the key features of the JazzCash payment gateway include:
- Secure transactions: JazzCash uses SSL encryption and other security measures to protect the sensitive information of both merchants and customers.
- Multiple payment methods: In addition to debit and credit cards, JazzCash also supports bank transfers and mobile payments through the JazzCash app, which is widely used in Pakistan.
- Easy integration: JazzCash provides simple integration with a variety of e-commerce platforms, including WordPress, Shopify, and Magento.
- Multiple currencies: JazzCash supports multiple currencies, including Pakistani rupees and US dollars, making it a convenient option for international transactions.
- Low fees: JazzCash charges competitive fees for its payment gateway services, making it an attractive option for merchants.
Overall, JazzCash is a popular payment gateway option in Pakistan due to its security, convenience, and competitive pricing.
EasyPaisa
EasyPaisa is a payment gateway owned by Telenor Pakistan, one of the country's largest telecom companies.
EasyPaisa allows merchants to accept online payments through a variety of methods, including debit and credit cards, bank transfers, and mobile payments through the EasyPaisa app.
Some of the key features of the EasyPaisa payment gateway include:
- Secure transactions: EasyPaisa uses SSL encryption and other security measures to protect the sensitive information of both merchants and customers.
- Multiple payment methods: In addition to debit and credit cards, EasyPaisa also supports bank transfers and mobile payments through the EasyPaisa app, which is widely used in Pakistan.
- Easy integration: EasyPaisa provides simple integration with a variety of e-commerce platforms, including WordPress, Shopify, and Magento.
- Multiple currencies: EasyPaisa supports multiple currencies, including Pakistani rupees and US dollars, making it a convenient option for international transactions.
- Wide availability: EasyPaisa has a widespread network of agents and outlets throughout Pakistan, making it easy for customers to make payments even in remote areas
How To Open EasyPaisa Account
To open an EasyPaisa account, you will need to follow these steps:
- Download the EasyPaisa app: The first step is to download the EasyPaisa app from the App Store or Google Play Store on your smartphone.
- Create an account: Once you have downloaded the app, open it and follow the instructions to create a new account. You will need to provide some personal information, such as your name, phone number, and email address.
- Verify your account: After you have created your account, you will need to verify your phone number by entering a verification code sent to your phone.
- Add funds: Once your account is verified, you can add funds to it by transferring money from your bank account or by visiting an EasyPaisa agent or outlet to deposit cash.
- Start using your account: You can now use your EasyPaisa account to make payments, transfer money, and more.
It is important to note that you will need to have a Pakistani phone number and be located in Pakistan in order to open an EasyPaisa account. If you are not in Pakistan, you may need to use a different payment gateway.
2Checkout
2Checkout is a payment gateway that is popular with e-commerce merchants in Pakistan. It allows merchants to accept online payments through a variety of methods, including debit and credit cards, bank transfers, and mobile payments.
Some of the key features of 2Checkout in Pakistan include:
- Secure transactions: 2Checkout uses SSL encryption and other security measures to protect the sensitive information of both merchants and customers.
- Multiple payment methods: 2Checkout supports a wide range of payment methods, including all major debit and credit cards, as well as bank transfers and mobile payments.
- Easy integration: 2Checkout provides simple integration with a variety of e-commerce platforms, including WordPress, Shopify, and Magento.
- Multiple currencies: 2Checkout supports multiple currencies, including Pakistani rupees, US dollars, and many others, making it a convenient option for international transactions.
- Wide availability: 2Checkout is available in over 190 countries, including Pakistan, making it a widely accessible option for merchants and customers
Payoneer
Payoneer is a payment gateway that is popular with freelancers and small businesses in Pakistan. It allows merchants to accept online payments through a variety of methods, including debit and credit cards, bank transfers, and mobile payments.
Some of the key features of Payoneer in Pakistan include:
- Secure transactions: Payoneer uses SSL encryption and other security measures to protect the sensitive information of both merchants and customers.
- Multiple payment methods: Payoneer supports a wide range of payment methods, including all major debit and credit cards, as well as bank transfers and mobile payments.
- Easy integration: Payoneer provides simple integration with a variety of e-commerce platforms, including WordPress, Shopify, and Magento.
- Multiple currencies: Payoneer supports multiple currencies, including Pakistani rupees, US dollars, and many others, making it a convenient option for international transactions.
- Global availability: Payoneer is available in over 190 countries, including Pakistan, making it a widely accessible option for merchants and customers
Wise
Wise (formerly known as TransferWise) is an international payment gateway that allows users to send and receive money internationally at low fees. It is available in Pakistan and offers a range of services, including a payment gateway for merchants.
Some of the key features of Wise in Pakistan include:
- Low fees: Wise charges low fees for its payment services, making it an affordable option for merchants and individuals.
- Multiple payment methods: Wise supports a wide range of payment methods, including bank transfers, debit and credit cards, and mobile payments.
- Multiple currencies: Wise supports multiple currencies, including Pakistani rupees, US dollars, and many others, making it a convenient option for international transactions.
- Secure transactions: Wise uses SSL encryption and other security measures to protect the sensitive information of both merchants and customers.
- Wide availability: Wise is available in over 70 countries, including Pakistan, making it a widely accessible option for merchants and customers.
NayaPay
NayaPay is a Pakistani fintech payment gateway company that offers a range of financial services through its mobile app.
These services include a Visa debit card that can be used at millions of retail and online merchants worldwide, as well as at ATMs in Pakistan.
NayaPay allows users to freeze their cards, set spending limits, and change their PINs through the app
- Visa debit card that can be used at retail and online merchants and ATMs in Pakistan
- Virtual Visa card for online purchases
- Physical Visa debit card for retail and online purchases and ATM withdrawals
- Ability to chat with other users and make payments, add notes, split bills, and send voice notes and photos
- Micro Apps for connecting with businesses and paying for products and services
- Bill payment for everyday bills such as utilities, mobile phone service, and internet
- Ability to pay businesses and send gift envelopes to friends and family
- Bill payment reminders and quick and easy bill payment process
- Quick and easy sign up through the app with the option to increase spending limits through biometric verifications
- Available for download on the App Store and Google Play Store
- Aims to make financial services more accessible and convenient for users in Pakistan and to digitize the country's financial sector.
bSecure Pakistan Payment gatewa
bSecure is a comprehensive online payment solution that offers a range of features and flexibility in terms of pricing and integration options.
Being PCI-DSS compliant is an important consideration for businesses that handle sensitive financial information, as it ensures that the payment gateway follows industry-standard security measures to protect against data breaches and fraud.
Being able to accept payments through multiple methods can also be beneficial for businesses, as it allows them to offer a range of payment options to their customers, which can increase the likelihood of successful transactions.
- Payment gateway designed specifically for online merchants in Pakistan
- Offers a range of features to streamline checkout process and accept various payment methods
- Accepts credit and debit card payments, cash on delivery, and other local and international payment options
- One-click checkout feature and phone number-based login system for customer convenience
- Focus on security and encryption to protect against fraud and data breaches
- Ability to customize invoices and track shipments for efficient sales and logistics management
- Could be a useful tool for online merchants looking to expand their reach and improve payment options in Pakistan
Bank Alflah Payment Gateway
Bank Alfalah Limited is a private sector bank based in Pakistan. It is the 6th largest bank in Pakistan by assets.
The bank offers a wide range of services including consumer banking, corporate banking, investment banking, and Islamic banking services.
Bank Alfalah was incorporated on June 21, 1992, as a public limited company and started its banking operations on November 1, 1997.
It is listed on Pakistan Stock Exchange and the bank is majority owned by the Abu Dhabi Group.
The bank has a strong presence in Pakistan with over 600 branches and ATMs across the country and also operates in multiple international locations.
Key Features of Alfa Payment Gateway
| Feature | Description |
|---|---|
| No setup or annual fee | There is no fee to set up or use Alfa Payment Gateway. |
| PCI-DSS compliant platform | Alfa Payment Gateway uses industry-standard security protocols to ensure the safety of customer payment information. |
| 3D Secure for maximum security | An additional layer of security is provided through 3D Secure technology. |
| Instant merchant account and integration plugins | Merchants can quickly set up an account and integrate Alfa Payment Gateway into their website or mobile app. |
| Unique vendor dashboard with extensive reporting | Merchants have access to a dashboard with detailed reports on payment activity and the ability to manage refunds and chargebacks. |
| Multi currency option | Customers can pay in their preferred currency. |
| Multiple Payment facilitators onboard | Alfa Payment Gateway has 7 Payment Facilitators onboard including JazzCash and Easypaisa. |
| Pay by Link tool | Merchants can accept payments without any integration. This feature makes Alfa Payment Gateway perfect for vendors who don’t have |
MCB Bank Limited
MCB Bank Limited is a leading private sector bank in Pakistan with a nationwide network of over 1200 branches.
The bank has been a major player in the card industry in Pakistan, issuing over 2.5 million cards including debit, credit, prepaid, and smart cards.
MCB has been in the card acquiring business since 2003 and currently services a merchant base of around 10,000, allowing for the acceptance of international and local Visa, Mastercard, and China Union Pay credit and debit cards.
To support the growing e-commerce industry in Pakistan, MCB now offers a secure and efficient online payment gateway service, called MCB eGate.
MCB eGate allows online shoppers to make real-time purchases through a merchant's website using any Visa or Mastercard issued by any bank, locally or internationally.
The service is built on MIGs (Mastercard Internet Gateway Services) and provides a 3D secure solution to ensure the safety of customer payment information.
The eGate services also support a merchant portal for transaction history and details.
MCB also provides a Fraud Risk Management team for further security for merchants and customers. They also offer full-time local support for merchants.
Key Features of MCB eGate
| Feature | Description |
|---|---|
| PCI-DSS compliant for maximum security | MCB eGate uses industry-standard security protocols to ensure the safety of customer payment information. |
| Best uptime for high reliability | MCB eGate has been designed to be highly reliable, with minimal downtime. |
| Quick and easy integration process | MCB eGate can be integrated into a website or mobile app quickly and easily. |
| Merchant Portal that displays transaction history and details | Merchants have access to a portal that provides detailed information about all transactions processed through MCB eGate. |
| Support from the Fraud Risk Management team | MCB eGate provides support from a dedicated team to inspect and investigate suspected fraudulent activities. |
| Full-time local support | MCB eGate provides full-time local support to assist merchants with any questions or issues they may have. |
HBL payment gateway service
Habib Bank Limited (HBL) is one of the largest banks in Pakistan, with a history dating back to 1941. The bank offers a wide range of services, including retail banking, corporate banking, and investment banking.
HBL also offers a payment gateway service that allows merchants to accept online payments from customers using credit and debit cards.
This service is compliant with international security standards and provides merchants with a secure and reliable way to accept online payments.
| Feature | Description |
|---|---|
| PCI-DSS certified payment gateway | HBL's Internet Payment Gateway is certified to comply with the Payment Card Industry Data Security Standard (PCI-DSS), ensuring the safety of customer payment information. |
| Easy to connect with a website or page | The gateway can be easily integrated into a website or mobile application for secure online payments. |
| Secure payment acceptance through website and mobile application | Customers can make secure payments through a merchant's website or mobile application. |
| Direct credit into HBL account | Payments made through the gateway are directly credited into the merchant's HBL account. |
| Dedicated Merchant Portal | Merchants have access to a portal that provides detailed information about all transactions processed through the gateway, including transaction history, search, refunds and reports. |
| Fraud Management Modules | Built-in Fraud Management Modules that can detect fraud patterns through more than 260 variables including the user’s address, velocity, BIN, and IP as well as device fingerprinting. It is globally used by large enterprises such as Virgin Airlines, Emirates Airline. |
| Branding options for vendors | Vendors can customize their payment pages by adding their business logo, unique colors, header or footer. |
| Multi-currency support | Customers can pay in their preferred currency. |
| Repeat transactions feature | Enables regular customers to use their information feed again and again. |
| Customized customer reports | Vendors can get customized customer reports through over 300 available fields for marketing analysis. |
Banks Payments Gateways Setup fee's & Discount Rates
| Charges | Alfalah | MCB | HBL | UBL |
|---|---|---|---|---|
| Setup Fee | None | 50,000 | 40,000 | 40,000 |
| Recurring Fee per Year | 40,000 | 48,000 | 40,000 | 50,000 |
| Transaction Fee | None | Rs. 15 | None | None |
| Merchant Discount Rate | 2.5% | 2.8% | 2.5% | 3.5% |
Fintech Payments Gateways Setup fee's & Discount Rates
| Comparison of FinTech Companies Charges | JazzCash | EasyPaisa | bSecure | |
|---|---|---|---|---|
| Payment Limits (per month)* | Up to 400,000 | Up to 200,000 | No Limit | |
| Annual Fee | None | None | Depends on package | |
| Transaction Charges | Yes | None | Depends on package | |
| Merchant Discount Rate | 2.5% | 2.8% | 2.5% |
