Raqami Islamic Digital Bank Pakistan, a visionary digital financial institution, and Paysys Labs Pvt Ltd, a leading payment technology provider based in Pakistan, have announced a strategic partnership to revolutionize Pakistan’s digital payments landscape.
This collaboration aims to develop an innovative digital payment solution by integrating real-time payment systems like RAAST. Paysys Labs, known for its expertise in cutting-edge payment technologies, will assist Raqami in enhancing its digital payment offerings. Moreover, this partnership ensures that Raqami’s customers will enjoy seamless and secure access to a wide range of digital banking functionalities and services.
Umair Aijaz, Chief Executive Officer of Raqami Islamic Digital Bank Pakistan, emphasized the significance of this partnership, stating, “At Raqami Digital Bank, our mission is to drive Pakistan’s progress by providing innovative banking solutions that empower its people. We aim to deliver an exceptional customer experience as well as ensure financial access for all. This partnership with Paysys is a pivotal moment in our journey to introduce a comprehensive banking solution designed for the digital era. With Paysys’s expertise in Pakistan’s fintech landscape, we are excited to bring a next-generation payment experience that promises unparalleled convenience, speed, and reliability.”
Furthermore, Karim Jindani, Chief Executive Officer of Paysys Labs, expressed his enthusiasm about the collaboration, stating, “This partnership reflects Paysys Labs’ commitment to innovation and excellence in the fintech sector. We are excited to work with Raqami to enhance digital payment solutions in Pakistan, ultimately creating a more inclusive and efficient payment ecosystem.”
In addition, this innovative partnership will enhance digital payment solutions for customers across Pakistan. Raqami’s customers will benefit from end-to-end digital onboarding and real-time instant payments, supported by Paysys’ unified payments platform.
About Raqami Islamic Digital Bank
Raqami Islamic Digital Bank Pakistan actively redefines banking in the digital era as a visionary financial institution. Raqami aims to empower its customers through innovative digital solutions, superior customer experience, and financial accessibility. Simultaneously, the bank’s mission is to deliver banking services that resonate with the digital-first generation, ensuring convenience, speed, and reliability in every transaction. Raqami is committed to providing tailored, efficient Shariah-compliant financial services, guided by a robust Shariah Board.
About Paysys Labs
Paysys Labs Pvt Ltd, based in Pakistan, is a leading payment technology provider. The company offers a wide range of payment solutions and is committed to providing its customers with innovative and secure payment solutions.
