Our team at Paysys Labs brings over 75 years of combined experience in digital financial services, enabling us to gain a deeper understanding of the industry and deliver innovative solutions to drive business growth
About Us
Paysys Labs has a team of industry experts, consultants, and project managers who have worked on various initiatives related to digitization of payments & financial services, both locally and internationally.
Our History
May, 2016
Incorporation of Paysys Labs
Feb, 2017
Paysys selected by National Bank of Pakistan to develop their Mobile Banking Application
July, 2017
Paysys selected to digitize the largest government financial institution in Pakistan – Central Directorate of National Savings
Sep, 2017
Consulting Agreement signed with 1LINK –Pakistan’s National Payment Switch Provider. We later developed a pull payment based platform for them
Mar, 2018
Paysys selected and funded by Karandaaz to digitize foreign remittances for JS Bank Limited
Jan, 2018
Signed agreement with SBP as Subject Matter Experts for the development and implementation of “RAAST” – Inclusive Instant Payment system
Worked as consultants for the Micro Payment Gateway Project at the State Bank of Pakistan
Feb, 2019
Paysys was selected by Dubai Islamic Bank to develop their Mobile Banking Application
Nov, 2019
Paysys partnered with Union Pay International to set up an acquiring platform enabling banks to manage different acquiring form factors and merchants in a unified way
Nov, 2019
Signed agreement with DIB for Branchless Banking Solution.
Nov, 2019
Signed agreement with WOCCU to provide consultancy in the implementation of an Open Loop Instant Payments System between Credit Unions in the Philippines and Indonesia
Mar, 2020
Became SME & Technical Consultants for design & Implementation of an IPS, EPG,& a shared Wallet Platform for EthSwitch – Ethiopia
Sep, 2020
Became technical consultants for integration of BUNA with RAAST for cross border payments
Mar, 2021
Signed agreements with 13 banks to provide instant payment solution.
Engaged as SME of PRISM –Real Time Gross Settlement and CSD system migration.
Feb, 2022
Signed Agreement with Careem UAE for implementation of AANI instant payment system
Sep, 2022
Development of IPSL (Operator of PesaLink) Kenya Scheme Rules.
Apr, 2023
Partnered with Mashreq to introduce innovative digital payment solutions in Pakistan, seamlessly integrating instant payment systems like RAAST and RTGS.
Oct, 2023
Paysys collaborates with Raqami Islamic Digital Bank to revolutionize digital payment solutions in Pakistan.
Feb, 2024
Paysys partnered with Hugo Bank to create a comprehensive integration hub, redefining payment experiences and enhancing convenience, reliability, and speed for customers through the Paysys unified payments platform.
Team Strength and Outreach
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