NayaPay Partners with Faysal Bank for Digital Payments
Faysal Bank has joined hands with NayaPay Pvt. Ltd. as one of its partner banks. The two organizations signed a Memorandum of Understanding (MoU) in Karachi.
As an Electronic Money Institution (EMI), NayaPay will enable users to open E-money accounts and make digital payments to each other and to businesses conveniently. This collaboration will enable Faysal Bank customers to make payments to merchants through NayaPay’s EMVCo. QR codes using the Faysal digibank app. Customers will also be able to load and withdraw from their NayaPay accounts easily.
Dato’ Arif Siddiqui, Chief Digital Officer, Faysal Bank said:
Speaking at the signing ceremony, Mr. Danish Lakhani, CEO NayaPay, said:
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