NayaPay and Askari Bank have partnered to facilitate seamless account linking for Askari Bank customers.
Tell me more: NayaPay is a digital wallet. Technically speaking, it is an EMI (Electronic Money Institution) that allows users to open digital bank accounts easily.
You can use it to:
- send money to family and friends
- make online, in-store, and international payments
Also, there are no hidden charges, annual fees, or SMS surcharges.
The collab: Askari Bank customers can seamlessly link their accounts to their NayaPay wallets and move money conveniently. And NayaPay merchants will be able to deposit money into their Askari Bank account.
Additionally, users can use their linked accounts to pay verified merchants using the NayaPay app.
You should know: State Bank of Pakistan granted EMI license to NayaPay last September after a year-long pilot and review.
Before you go: NayaPay’s mission is to provide financial services to the unbanked. It is backed by Lakson Group, a consumer goods and media industry conglomerate.