|

National Institutional Facilitation Technologies (NIFT) has signed a memorandum of understanding (MoU) with Checkout.com to support international payment methods in Pakistan.

Under the agreement, the partners will leverage each other’s infrastructure to provide digital payment services to both businesses and consumers.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Checkout.com is an integrated payments provider based in London.

The company offers payment services in over 150 currencies, in-country acquiring, fraud filters, and reporting – all through a single integration.

It accepts payments from international card issuers including Visa, Mastercard, American Express, and UnionPay.

Checkout.com CEO Guillaume Pousaz said: “We are proud to partner with NIFT.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“Pakistan represents one of the biggest opportunities for global enterprise companies and is home to some of the most innovative businesses in the region.

“Together with NIFT, we’ll offer seamless localized payments, supporting merchants with better customer experiences and more revenue opportunities.”

The NIFT ePay platform is Pakistan’s first domestic payment gateway.

It allows aggregation of all digital payment instruments in the country and allows consumers to pay digitally for their purchases or against business invoices.

NIFT CEO Haider Wahab said: “We are extremely delighted to have Checkout.com as global payment enabler to our NIFT ePay Platform.

“This is a great milestone for NIFT ePay and Pakistan’s vision to promote commerce beyond borders through digital platforms and payment options assisting SBP and Ministry of Commerce efforts on ease of doing business and global trade.”