KARACHI: JazzCash, the payment solution of Mobilink, formally launched its online payment gateway to enable merchants to accept digital payments from customers, a statement said on Friday.
The Internet retailer can receive payment from e-shoppers through a variety of channels, including credit/debit card, mobile account and voucher payments, the statement said.
JazzCash launched the pilot of its online payment gateway earlier this year and had been working with a number of merchants to develop the best merchant and customer experience since then.
“Apart from being convenient, secure and swift it offers other unique features such as a fully automated escrow option which sets it apart from other offerings in the market,” said Aniqa Afzal Sandhu, vice president Digital and Mobile Financial Services, Mobilink.
The country’s e-commerce industry is currently dominated by cash on delivery as the payment method, which has challenges for the online merchants, including delay in the realisation of funds and financial costs associated with return orders, cash in transit insurance and theft/extortion.
“The online escrow feature, offered by JazzCash, is the first of its kind in Pakistan,” the company said.
In this picture, the PCJCCI logo can be seen on September 1, 2022. — Facebook/Pakistan China Joint Chamber of...
The logos of the World Bank and IMF. — AFP FileNEW YORK: The United States is the MVP of GDP. That was the...
A security guard sits in front of a wall with signs and slogans at the operation building at the Pakistan Steel Mills ...
A worker cleans the entrance to the headquarters of Bank Indonesia, the nation's central bank, in Jakarta, Indonesia....
The MCB's logo is seen on a wall outside the bank's head office. — MCB websiteKARACHI: MCB Bank Limited on...
Stack of Rs5,000 and Rs1,000 notes. — AFP/FileKARACHI: The rupee lost ground against the dollar in both currency...
