Easypaisa has partnered with Masterpass, a digital wallet by MasterCard, to enable QR code based payment using Easypaisa Mobile App. Now, Easypaisa Mobile Account customers will be able to make payments at merchants with Masterpass QR code through Easypaisa App. Masterpass has around 25,000 merchants operating in Pakistan that have been issued QR codes. In other words, these merchants are …

8th May 2018 – Rocket Internet announced today the acquisition of its Daraz Group platform by the Chinese eCommerce giant Alibaba Group (“Alibaba”). The acquisition is 100% with an undisclosed amount. This is the second major acquisition, after 45% stake in Telenor Bank, of Alibaba Group in Pakistan. Founded in 2012, Daraz Group operates mainly in Pakistan, Sri Lanka, Bangladesh, Nepal and Myanmar and …

After the success of APIthon Chapter I, Abacus Consulting is organizing the API Hackathon again but this time with the theme of “Collaborate to Innovate”. Last time APIthon attracted dozens of skilled professionals; this time also, the event has attracted skilled professionals associated with startups, tech companies, individual developers, and enterprises. They all will collaborate to innovate and bring alive the APIs in motion. …

Telenor Velocity is organizing Pakistan’s First IOT Hackathon in collaboration with Telenor’s IOT Team and Plan9. The hackathon will comprise of IOT startups competing with each other and pitching their products in front of top IOT experts of Pakistan! The participating startups will develop their solution in this 36 hours long hackathon and will be building innovative IOT solutions by combining hardware, software, and data science. Telenor Velocity will not left you stranded and will bring the best mentors, speakers and judges from within the Pakistani …

Karandaaz, a premier player for promoting financial inclusion and innovation in fintech space in Pakistan, is holding the 3rd round of its Fintech Disrupt Challenge (FDC) 2018. The Karandaaz FDC 2018 aims to harness the most innovative ideas from the financial technology space and transform them into scalable solutions. Last year winner, CreditFix, won the competition with their Digital Lending …

This article is intended for someone looking for payment gateways to accept digital payments in Pakistan from national and international customers. UBL is Pakistan’s one of the largest private sector banks. In 2017 Pakistan Banking Awards, UBL was declared Pakistan’s ‘Best Bank for Corporate Finance & Capital Market Development’. Often termed as best bank when it comes to branchless banking, it boasts an agent network …

Careem has released a security update intended for its subscribers about a cyber attack on its servers that happened on 14th Jan 2018. Reportedly, customer personal data was compromised. According to the official release, stolen data of customer accounts include, Keeping transparency with its customers, the ride hailing service came public to announce the news instead of keeping it a secret – which …

This debate is fresh as it gets. We have not heard a single consistent opinion from subject matter experts, around the world, that whether Bitcoin or any cryptocurrency is Halal or not. According to a recent research study by an Indonesian Islamic Scholar, Mufti Muhammad Abu Bakar, an Islamic scholar and head of Sharia compliance at Blossom Finance Indonesia, has …

In the previous article, Web Scalability – Series / Part 1, we discussed the basics of web infrastructure scalability and how it can be used. Realizing the importance of fast paced apps with tons of data to process, we will cover this time, the basics of asynchronous processing. What is Asynchronous Processing? Imagine if you send a request to a …

Only about 5 out of 300 startups launched every year in Pakistan survive in the medium term. This is a success rate of less than 2%. Abysmal outlook of digital entrepreneurship as it seems, Pakistan has a long way to before it becomes an stable entrepreneurial economy. Jazz conducted this research with help of partners to explore the entrepreneurial landscape …

This is big news! And its official now, State Bank of Pakistan has declared all sorts of cryptocurrency related trade illegal. Here is the official statement, Prohibition of Dealing in Virtual Currencies/Tokens         Source: State Bank of Pakistan http://www.sbp.org.pk/bprd/2018/C3.htm What does it mean? According to the recent stance by State Bank of Pakistan, all sorts of cryptocurrency trade, …

Telenor Pakistan, one of the country’s foremost telecom and digital services providers, and Inbox Business Technologies, a leading provider of technologies ensuring business agility in the digital age, continue to collaboratively lead the way in digitizing the agriculture sector of Punjab. The two organizations, working to achieve a shared mission of digital inclusion in Pakistan, joined hands to launch the …