Soneri Bank, a prominent banking institution in Pakistan, and NayaPay, a leading fintech platform, have announced an exciting strategic partnership aimed at enhancing the digital payments landscape in Pakistan.
The partnership was formalized during a signing ceremony attended by Omar Askari, Chief Business Officer at NayaPay and Mr. Syed Amir Raza, Chief Digital & Innovation Officer at Soneri Bank, along with their respective team members including Mr. Mehtab Haider and Mr. Muhammad Faraz Khan.
NayaPay, as Pakistan’s first E-Money Institution, focuses on empowering underserved consumers and SMBs with improved access to financial services. Meanwhile, Soneri Bank Limited, known for its innovative financial solutions and quality customer service, boasts a vast network of over 460 branches and ATMs across Pakistan.
This collaboration enables customers to seamlessly transfer funds between their Soneri Bank and NayaPay accounts, along with making direct payments to NayaPay merchants from their Soneri Bank accounts.
Expressing his enthusiasm, Syed Amir Raza, Chief Digital and Innovation Officer at Soneri Bank, highlighted the partnership’s potential to unlock new possibilities in the digital landscape, emphasizing the importance of staying innovative and efficient in today’s fast-paced banking environment.
Similarly, Omar Askari, Chief Business Officer at NayaPay, echoed the excitement, emphasizing the empowerment of mutual customers through seamless fund transfers and enhanced financial control. This partnership reflects the progressive evolution towards open banking within their ecosystem.
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