bSecure signs agreement with NIFT ePay

Noor Haider
bSecure signs agreement with NIFT ePay
bSecure signs agreement with NIFT ePay

National Institutional Facilitation Technologies (NIFT), Pakistan’s largest payment processor and one-click checkout provider, bSecure, have joined forces to promote digital payments.

Tell me more: NIFT is a joint venture between six major banks and the private sector. It enables digital commerce payments through its Digital Financial Services (DFS) platform called NIFT ePay.

NIFT has established a secure digital payment gateway compatible with any bank account and can process card-based transactions.

Through this partnership, bSecure and NIFT aim to promote digital transactions and foster different market applications.

Businesses will be able to accept e-commerce payments directly through their bank accounts along with existing card payments.

You should know: According to the founder of bSecure, Adam Dawood, over 65% of customers want to pay via pre-payment methods at e-commerce stores.

Before you go: e-commerce businesses that want to start accepting credit/debit card payments and API-based bank transfers can sign up via bSecure’s website.

Big picture: NIFT’s technology stack is necessary for the fast-growing e-commerce market. With the help of bSecure, it is betting that digital enablement will help consumers and, ultimately, the market.

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