With the increase in technology, the online shopping trends have increased day by day. The ease of making payments from your mobile apps has changed the world. This post is about the collaboration of NayaPay and AliPay+, a milestone in the Pakistan’s Payment Gateway history.
NayaPay
NayaPay is authorized payment gateway in Pakistan that is regulated by State Bank of Pakistan. The NayaPay users can share money with their friends, families and across the border. It offers free virtual VISA card for online payments. NayaPay is best for integrating into small business payment methods.
AliPay+
AliPay+, as it’s name exhibits, is the payment platform provided by Alibaba Group. It is started in 2004 and it’s parent orgination is Ant International. AliPay+ headquarter was in Hangzhou later on it was moved to Pudong.
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NayaPay with AliPay+
The recent collaboration of NayaPay with AliPay+ is a milestone towards the country’s successful route. This collaboration is going to make the QR Codes comptiable with RAAST and AliPay+. The foreign exchange flows and cashless payment system is going to boost with e-wallets and bank apps in the Pakistan.
The all-sized business in Pakistan will benefit from 25+ global payment partners due to the collaboration. This is estimated 1.5 billion user accounts to experience seamless exchange system.
Though its not just about the payment exchange, the security of payments is more essential for the users. The secure money exchange will boost digitization of commerce in Pakistan. The users will benefit low-cost and fast payment in the country.