APPS, Summit Bank collaborate
KARACHI: Avanza Premier Payment Services (APPS) signed an agreement with the Summit Bank at the Bakht Tower to enable Payfast, APPS’ end-to-end payment gateway, providing a secure and reliable environment for online payments, a statement said on Tuesday.
With Payfast, Summit Bank customers will be able to transact online using their account numbers and debit cards with a wide variety of APPS’ partner merchants, ranging from schools and billers to mutual funds, marketplaces, and other entities, it added.
Summit Bank has a network of 193 branches across Pakistan. The bank believes in fulfilling its commitment to customers and is guided by an eminent board of Shariah scholars and practitioners with extensive experience in the field. Their reach in 23 cities offers Islamic banking opportunities with an extensive range of products and services.
APPS is a start-up fintech governed under the PSO / PSP regulation of the State Bank of Pakistan (SBP), with the objective to deploy an Online Payment Gateway and to act as a catalyst for the digitalisation of brick-and-mortar SMEs within Pakistan, it said.
-
Kelsea Ballerini, Chase Stokes Not On Same Page About Third Split: Deets -
Shanghai Fusion ‘Artificial Sun’ Achieves Groundbreaking Results With Plasma Control Record -
Princess Anne Enjoys Andrea Bocelli, Lang Lang Performances At Winter Olympics Opening Ceremony -
Ben Stiller Cherishes Working With Late David Bowie -
Anti-inflammatory Teas To Keep Your Gut Balanced -
Polar Vortex ‘exceptional’ Disruption: Rare Shift Signals Extreme February Winter -
Which Countries Are Worst And Best In Public Sector AI Race? -
Matthew McConaughey Opens Up About His Painful Battle With THIS -
Emma Stone Reveals She Is ‘too Afraid’ Of Her ‘own Mental Health’ -
China Unveils ‘Star Wars’-like Missile Warship For Space Combat -
King Charles Facing Pressure Inside Palace Over 'Andrew Problem' -
Trump Refuses Apology For Video Depicting Obama As Apes Amid Growing Backlash -
Jesy Nelson Reflects On Leaving Girls' Band Little Mix -
World’s First Pokemon Theme Park Opens In Tokyo, Boosts Japan Tourism -
Waymo Trains Robotaxis In Virtual Cities Using DeepMind’s Genie 3 -
5 Simple Rules To Follow For Smooth, Healthy Hair