Bank of Punjab and NayaPay collaborate to boost digital financial services in Pakistan
The Bank of Punjab has collaborated with NayaPay as one of its partner banks. The two organizations signed an agreement at BOP’s head office Lahore.
Marching forward in its mission to empower its digital channels (digiBOP), the Bank of Punjab has been on the forefront to support the digital ecosystem of Pakistan. In its commitment towards digitization, BOP has entered into a partnership with NayaPay to provide an opportunity to BOP to uplift its channels and business utilization. NayaPay, a leading E-Money Institution in Pakistan, enables users to open E-money accounts on their smartphones in a few simple steps and take control of their finances. With this alliance, NayaPay customers can deposit cash into their NayaPay account at any BOP bank branch. Additionally, BOP and NayaPay’s mutual customers can link their BOP account to their NayaPay wallet for convenient money transfers between accounts and for merchants to offload funds to their designated BOP account. Customers may also load their NayaPay wallets by simply using the BOP internet banking portal and mobile banking app.
Speaking at the signing ceremony, Mr. Nadeem Amir, Chief Financial Officer, BOP said:
Omar Askari, Chief Business Officer, NayaPay said:
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