Qisstpay & Askari Bank Join Hands: Askari Bank Limited and QisstPay BNPL (Pvt) Ltd have signed a Memorandum of Understanding to advance financial inclusion and offer speedy solutions through digital innovations.
Through its Buy Now, Pay Later service, Qisstpay principally provides a quick and secure payment gateway for online purchases.
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The cooperative agreement is expected to seamlessly transition from traditional techniques to digitalized solutions. Cutting across the lending, supply chain finance, and financial management domains. This will help businesses and consumers in a variety of ways. The collaboration intends to give individuals greater control over their financial lives while also providing technologies that can help businesses run more efficiently and give them easy access to capital.
By offering payment solutions to online shoppers, merchants, and business partners, researching supply chain financing possibilities, and implementing initiatives like Soft POS/Contactless payment choices for online retailers, this strategic cooperation will hasten the expansion of e-commerce in the nation.
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Mr. Shehryar Ali Shah, Chief Digital Officer, AKBL, and Mr. Jordon Olivas, Founder & CEO of Qisstpay BNPL (Pvt) Ltd., signed the Memorandum of Understanding. Senior representatives from both businesses, including Mr. Yasser Khan, Global SVP Product & Partnerships, Mr. Masroor Omar, Country Head Consumer Banking, AKBL, Syed Saad Ahmed, Co-Founder Qisstpay, and others, attended the ceremony.
Speaking at the event, Mr. Shehryar Ali Shah remarked, \”Through this strategic cooperation. We hope to offer the masses with enhanced simplicity in handling their daily financial matters.\”
As stated by Mr. Jordan Olivas, \”This cooperation with Askari, a leading bank in Pakistan, is a remarkable one as it will help us strengthen the financial services infrastructure in Pakistan by making it simpler for future participants to use the foundation we are building and carry out creative solutions.\”
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