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PayFast Becomes First Pakistani Payment Gateway to Get Commercial License from SBP


PayFast Becomes First Pakistani Payment Gateway to Get Commercial License from SBP
PayFast the indigenous payments solution by APPS (Avanza Premier Payment Services)  is now the first payment gateway in the country to receive a commercial license from the State Bank of Pakistan (SBP) under its rules for the Payment System Operators/Providers (PSO/PSP).
APPS is approved for pilot operations by the SBP, and it empowers the multi-instrument acceptance of Scheme Cards, Mobile Wallets, and Bank Account Numbers through its payment gateway PayFast.
PayFast enables merchants, billers, and aggregators to receive payments from their customers through a variety of methods like bank accounts, wallets, and domestic and international payment schemes. ....

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