- Set to introduce an advanced payment solution integrating RAAST to enhance convenience, reliability, and speed for customers.
Karachi, Pakistan, 21st January 2025 – Apna Microfinance Bank, private commercial Microfinance bank, and Paysys Labs Pvt Ltd, a leading payment technology provider, have announced a partnership to revolutionize Pakistan’s payments ecosystem.
This collaboration aims to develop an innovative payment solution by integrating real-time payment systems, RAAST. Paysys Labs, with its renowned expertise in payment technology, will play a key role in supporting Apna Microfinance Bank in enhancing its digital payment offerings, ensuring customers have seamless, secure, and efficient access to financial services.
Mr. Nazish Ali, Chief Executive Officer, Apna Microfinance Bank Pakistan, emphasized the importance of this collaboration, stating, “This partnership underscores our dedication to fostering innovation and excellence in financial services. Together with Paysys, we aim to overcome barriers and promote a robust microfinance ecosystem that supports economic growth and inclusion.”
This strategic partnership is set to transform financial services across Pakistan. Apna Microfinance Bank’s customers will benefit from seamless, real-time payment solutions powered by Paysys advanced unified payments platform, ensuring greater accessibility, convenience, and efficiency.
Karim Jindani, Chief Executive Officer, Paysys Labs Pakistan, expressed his enthusiasm about the collaboration, stating, “This partnership reflects Paysys Labs commitment to innovation and excellence in the fintech sector. We are excited to work with Apna Microfinance Bank to enhance digital payment solutions in Pakistan, ultimately creating a more inclusive and efficient payment ecosystem.”
This innovative partnership aims to enhance payment solutions for customers across Pakistan. Apna Microfinance Bank’s customers will experience real-time instant payments backed by Paysys unified payments platform.
Notes to editors
About Paysys Labs
Paysys Labs Pvt Ltd is a leading payment technology provider based out of Pakistan. The company offers a wide range of payment solutions, including digital payment systems, mobile wallets, and point-of-sale (POS) technologies. Paysys Labs is committed to providing its customers with innovative and secure payment solutions, focusing on enhancing transaction speed, reliability, and security.
By leveraging the latest advancements in payment technologies, the company ensures that businesses of all sizes can manage their financial transactions seamlessly and efficiently. With a strong focus on customer satisfaction, Paysys Labs partners with fintech, financial institutions, and businesses to deliver tailored solutions that meet their unique needs.
The company aims to drive digital transformation in the payments industry, making financial services more accessible, transparent, and user-friendly for customers across Pakistan and beyond.
For more information, visit https://www.paysyslabs.com/
About Apna Microfinance Bank
Apna Microfinance Bank is a private commercial Microfinance bank, that focuses on providing personalized services to society through their products that aim to change their lifestyle by entering them into micro-entrepreneurs at the lowest markup rate in the market.
Apna Microfinance Bank aims to create and maintain a culture of balanced approach for the development of market-related competitive and innovative financial services. Introducing a culture of innovation and excellence to find acceptable solutions to real and conceived impediments for promoting a true micro-financial regime.
For more information, visit https://www.apnabank.com.pk/
