Askari Bank and APPS have signed an agreement under which Askari Bank’s customers can make ecommerce transactions through Payfast (APPS’ payment gateway) using their bank accounts. Payfast is an ecosystem of merchants that includes schools, billers, mutual funds, marketplaces, and other entities.
Mr. Asim Bashir, Country Head – Digital Banking, Askari Bank, said, “This agreement will help in increasing ecommerce transactions while facilitating Askari Bank customers in making their transactions through a secure and convenient mode”.
Mr. Adnan Ali, CEO – APPS, said, “Pakistan is progressively updating itself with the current times. Services like Payfast are the catalyst towards this transcendence. Cash is obsolete and a cashless society is the future. We are glad that Askari Bank shares our vision to have Pakistan go cashless in the near future.”