JS Bank & Avanza Premier Payment Services Partner to Diversify Online Payments
JS Bank, one of Pakistan’s fastest-growing financial institutions, has entered into a partnership with Avanza Premier Payment Services (APPS), a start-up FinTech with the objective to deploy a Domestic Online Payment Gateway and act as a catalyst for digitalization of brick-and-mortar SMEs within Pakistan.
Payfast, APPS’ end-to-end payment gateway, creates the opportunity for customers of JS Bank to safely conduct transactions via debit cards, bank accounts or mobile wallets on a vast ecosystem of merchants ranging from schools, mutual funds, marketplaces and other entities.
Speaking at the occasion, Imran Soomro, CIO – JS Bank, stated, “JS Bank focuses on creating convenience and ease for customers by providing a range diverse and value-added services through both traditional and digital banking channels. Payfast will be a strong addition to our portfolio of digital services.”
Adnan Ali, CEO – APPS stated, “We go beyond cash by empowering customers through services that enable seamless digital payments, through our digital ecosystem. Our strategic partnership with JS Bank will transform how a multitude of customers perform day-to-day transactions.”
Both organizations will work together to expand and enhance the digital landscape of Pakistan by providing customers with an easy to use secure, reliable and diverse financial payment solution.
For more information on APPS or JS Bank, you can visit their websites at www.apps.net.pk and www.jsbl.com.