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Mr. Noman Azhar, Executive Vice President and Head of Branchless Banking and Digital Implementation Department, JS Bank discusses the impact of the lockdown on the Banking front in Pakistan. He further explains the growing trend of digital banking and how JS’ 110 million COVID-19 funds are playing its role to curb the pandemic. Global Village Space (GVS ) interviewed with Mr. Noman Azhar. He is the Executive Vice President at JS Bank and also heads…

Digital payments – more than just a trend KARACHI: Managing everyday finances can be a daunting task for more than three million estimated small and micro enterprises in Pakistan. Financial literacy stands at a low of 13%, which results in a lack of financial freedom and friction points in daily transactions. Be it making bill payments, society has been highly cash-dependent. However, we are progressing as a nation and we are witnessing an emerging trend…

LAHORE – NIFT signs agreement with Allied Bank for digital financial services. National Institutional Facilitation Technologies (NIFT) and Allied Bank recently signed a strategic agreement to enable digital payments (Mobile/e-Commerce ) through NIFT’s Digital Financial Services platform under the brand name “NIFT ePay”. In an effort to promote Digital Payments in Pakistan, NIFT, an existing Payment System Operator/Provider (PSO/PSP) offering nation-wide cheque clearing services, is gearing up to soon launch its e-commerce payment gateway. NIFT…