State Bank of Pakistan (SBP), in its efforts to increase financial inclusion in Pakistan has issued a regulatory framework that will allow Payment Service Providers to install and operate their own ATM machines just like banks in the country. The decision was taken after unsatisfactory performance of banks in increasing ATM network. Banks were directed by SBP to maintain Branch …

Come to think of it, banks in pakistan are pretty good in making ads. Aren’t they? Ads made by commercial banks over decades have touched the emotions of people, while selling them saving accounts and insurance services. The quality of production is impressive and the jingles are becoming catchy. “Mukammal Account” by UBL, “Dil Main Account Khonlay K Tareeqay” by Allied Bank …

Recently, JazzCash launched pilot of its QR code based payment called QuickPay through Mobile Account in partnership with MasterCard. Previously, Finja also introduced QR payments through its wallet SimSim. Definitely, a step in right direction. While many initiatives have been taken by Banks in general and specifically Mobile Financial Services industry in realm of payments, unfortunately, digital payments’ adoption rate is still very …

Pakistan is often compared with India due to the similarities of the two nations. For the startup ecosystem, this is no different. Pakistan’s startup ecosystem is flourishing and promises a great deal for the near future even with the challenges many startups face due to an array of reasons. This article aims to look into the Indian Startup ecosystem for …

Pakistan’s market, with large volume and low price, is attracting various players to enable payment acceptance at merchants. Telcos with their distribution muscle and armed with branchless banking platforms are jumping the train in a big way. ‘Merchant Payments’, a term coined by Telcos in Pakistan, now made synonymous with the Mobile Wallet based payments is being used to explain the payment …

You’ve spent many months designing and creating the website of your dreams. But people just come, take a peek and take a leave. It’s just not receiving the attention it needs! In this post, we’ll tell you of all the ins and outs required to generate substantial sales through your website. Be Nice, be inviting Customers are intimidated lots. That is …

Startups have always been complex. One should be prepared to dig a rabbit hole, that too deeper and deeper with time, and get one’s hands dirty. Fortunately, world is full of such amazing people who document their experiences of overcoming obstacles, achieving their goals and want to share their knowledge with rest of the world. In no specific order, here …

It’s a common pitfall for entrepreneurs to believe that once they have a good idea, what they need next is to get well-funded in order to transform that idea into a business. As logical as it sounds, this is far from reality and in fact startups must go through a process of discovery before they should look for investment for …