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Amongst a supercharged, positive, and pleasant gathering, Muller and Phipps Pakistan was onboarded as a distributor for itel Mobile Pakistan. M&P is the paramount distribution house in Pakistan immaculately catering to an assortment of businesses with rapid expansion into regional markets. Incepted in 1912, M&P stands paramount and strong as the most premium distribution network with an exceptional service caliber. On the occasion, Mr. Kamran Nishat, Managing Director & CEO Muller & Phipps said “Excellence…

The Evolving Digital Banking Landscape of Pakistan The Evolving Digital Banking Landscape of Pakistan. Her Majesty Queen Maxima of the Netherlands just rounded up her trip to Pakistan. She was here as the United Nations Secretary-General’s Special Advocate for Inclusive Finance for Development in Pakistan. In recent years, the country has achieved numerous milestones in bringing a larger chunk of the unbanked population under the financial inclusion umbrella and digital banking has had a significant…

SBP accords approval to ‘NIFT ePay’ SBP accords approval to ‘NIFT ePay’. The State Bank of Pakistan (SBP) has granted an approval for commencement of pilot operations of National Institutional Facilitation Technologies’ (NIFT) e-Commerce payment gateway called ‘NIFT ePay’. NIFT is the first local account-based “e-Commerce Payment Gateway” to get an approval for the pilot launch under the Payment System Operator/Provider (PSO/PSP) rules. NIFT ePay’s primary focus is to execute interoperable and secure digital commerce…