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Bykea Signs an Agreement with NIFT to enable Digital Payment

Bykea

The Bykea service has signed an agreement with one of the largest payment processors in Pakistan NIFT (National Institutional Technologies) in order to enable digital payment.

Their basic aim is to enable the digital commerce payments via NIFT’s DFS platform with the brand name NIFT ePay. This development will help people to make digital payments (Mobiles) for online purchases and services through the Bykea Platform.

According to the details, both organizations have always aimed to promote digital transactions in the past. Bykea on the other hand also highlights the convenience and comfort of its customers. Therefore, Bykea came up with this Cash initiative which will be appreciated, and also it will be used regularly by their customers.

NIFT ePay introduces a secure digital commerce payment method that will work with any wallet or any bank account in Pakistan. This way, the customers will also have the opportunity to carry out e-commerce payments straight away from their bank accounts or wallets.

The agreement signing event took place in the head office of the National Institutional Facilitation Technologies (NIFT). The agreement was signed between Muneeb Maayr CEO Bykea and CEO NIFT Haider Wahab.

During the occasion, CEO Bykea said that this partnership will bring both the organizations closer to provide unified payment solutions for the users of e-commerce in Pakistan.

CEO NIFT Haider Wahab added that Bykea is a unique organization that opens up digital payments and services to go live through the NIFT’s ePay doorway. This completes the vision which was behind NIFT ePay. Moreover, he added that they are working with several industries to succeed in this vision.   

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She works as an editor at Research Snipers.

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