SmartPay’s Post

A leading London- based global payment technology provider, PayFuture has expanded its operations to Pakistan, facilitating seamless entry for international businesses into one of South Asia’s most promising ecommerce markets. By integrating with popular local payment methods like Telenor Microfinance Bank Limited (easypaisa) and JazzCash, PayFuture enables merchants to cater to Pakistani consumers’ preferences while adhering to local regulations. With a young, tech-savvy population and increasing smartphone penetration, Pakistan offers significant growth potential for digital commerce. PayFuture’s solution simplifies the complexities of the Pakistani market by providing localized payment integration, currency conversion, and robust fraud prevention. This empowers businesses to navigate the regulatory landscape and tap into the country’s growing consumer base. #DigitalPakistan #TechUpdate

Let's Talk About Fintech Innovation in Pakistan Pakistan’s fintech landscape is still evolving, and while we have some great players like JazzCash and SadaPay , there’s still a lot of room for growth. For instance, JazzCash recently introduced the tap-to-pay feature on POS machines—a convenient solution. However, when I was about to enable this feature, I discovered they charge PKR 100 just for activation. In a developing country like ours, this seems like an unnecessary burden. 💸 On the other hand, SadaPay is making waves with its user-friendly and innovative approach to digital banking. But here’s an opportunity: imagine how much further they could go if they introduced the tap-to-pay feature in their app! 💡 This would be a game-changer in terms of convenience and accessibility. As we move forward, it’s essential for fintech companies to keep customer ease and affordability in mind. What do you think? Should we push for more innovation in this space, especially features that improve convenience without adding a financial burden? Hamza Khurshid Affan Samad Abrar Naveed Osama Atiq #Fintech #Innovation #Pakistan #SadaPay #JazzCash #DigitalBanking #TapToPay #UserExperience #CustomerFirst

Data has become and will be a core capability for differentiation -- 1. To drive informed decisions 2. To drive better customer experience 3. To enable innovation --> In short, to offer better solutions that solve customer problems, and have commercial impact Looking forward to see what the teams can achieve together in 2025! Snowdrop Solutions team, it's always a pleasure Happy Friday everyone! Remember No drinking and driving during the festive season, Your loved ones need you :) Have fun! Monica -- PS. 🔔 My podcast and newsletter solve how to build and grow FinTech startups sustainably with customers, people, and AI at the heart of what we do - Follow for more!

🇹🇭 Snowdrop Solutions & BigPay Transform Banking in Thailand! We’re beyond excited to share the expansion of our partnership with BigPay, bringing enriched banking experiences to customers across Thailand! Together, we’re transforming how users interact with their finances by offering clear, insightful, and transparent transaction data through our Transaction Enrichment API. 💬 Apirudee (Aim) Prachyaset, Country Head at BigPay Thailand, noted: "[…] By integrating Snowdrop’s advanced transaction enrichment technology, we’re elevating the user experience for our Thai customers, allowing them to easily understand and manage their spending." As digital banking continues to grow in Thailand, this partnership ensures BigPay users benefit from: ☑️ Clear merchant names and logos for transparency ☑️ Transaction categorisation for better budgeting ☑️ Seamless, enriched user experiences that build trust Big thanks to both teams at Snowdrop and BigPay for making this happen! Read more about this partnership: 🔗 https://lnkd.in/d5BmFD9W #DigitalBanking #CustomerExperience #Partnerships #Thailand Luke Rickards Monica Millares Lalisara Homprasert Jirapat Apichai Zubin Rada Krishnan Ken Hart Ana Cantero Zuhra B.

Mobile Money Rwanda Limited (MoMo Rwanda) and Mastercard have partnered to launch Rwanda’s virtual payment solution, Virtual Card by MoMo, which enables MoMo customers to make global e-commerce payments safely and securely. “We believe our customers deserve the benefits of a modern, connected life, and this virtual card will enable them to conveniently and securely #shop online at their favorite international stores. The Virtual Card by MoMo is just the first of many products and services we have planned to create #value for our customers. "Our collaboration with MasterCard, supported by I&M Bank (Rwanda) Plc Bank, allows us to leverage world-class technology to ensure a seamless and secure customer experience,” said Chantal U.Kagame, CEO, MoMo Rwanda. Read more here: https://lnkd.in/dhTvS7wA

Pakistan’s digital payment landscape is rapidly evolving, as evidenced in the State Bank of Pakistan's Payment Systems Quarterly Review (Q1 FY25). With 87% of retail transactions now processed digitally, the momentum is undeniable. Key highlights include: 🔹 Raast Instant Payment System: 848M transactions since its 2022 launch, growing 17% in Q1 FY25. 🔹 Mobile App Payments: Dominating with 77% of digital transaction volume. 🔹 E-Commerce Boom: 29% growth in transaction volume, with values increasing by 23%. 🔹 Expanded Infrastructure: 132,224 POS terminals and 19,170 ATMs ensure widespread access. This shift toward digital channels is fostering financial inclusion, enhancing convenience, and driving transparency in transactions. It's a testament to the collective efforts of banks, microfinance institutions, fintechs, and regulators. #DigitalPakistan #FinTech #Payments #FinancialInclusion #Innovation #Raast #ECommerce #StateBankOfPakistan

Exciting news! we are thrilled to lauch Nepal's first ever virtual credit card- The "Citizens Fonepay Credit Card" Credit at your finger tips! Now, enjoy seamless & secure transactions right from your phone. Proud to be part of this innovation that empowers customers with financial flexibility like never before. #fonepay #CitizensBank #fintech #innovation

Today, Fonepay is making a transformative leap in financial inclusion with the launch of our Domestic Scheme Digital-First Card. With hashtag #CreditCard penetration in Nepal at just 2%, this launch addresses a critical gap in our payments landscape. Traditional credit cards have been the norm for years, but they come with their own set of limitations. We see these limitations as opportunities to innovate. Our hashtag #VirtualCreditCard offers instant access and connects to vast network of merchants nationwide, from local vendors to major retailers. It’s more than just a product launch; it’s about creating a flexible, adaptive solution tailored to the evolving needs of Nepali consumers, and building a more inclusive, interconnected financial ecosystem that empowers both consumers and businesses in the digital age. We’re thrilled to take another leap forward with the launch of Nepal’s first-ever Virtual Credit Card – made possible through our hashtag #collaboration with Citizens Bank International Limited And to celebrate this milestone, we’re offering a 50% instant cashback of up to Rs. 1,000 on transactions made using the Citizens Fonepay Credit Card. At Fonepay, we’re committed to bringing the future of payments to you. hashtag #VirtualCreditCard hashtag #FonepayCreditCard hashtag #CashlessNepal hashtag #Cashback hashtag #DigitalBanking hashtag #PaymentsInnovation hashtag #DigitalFirstCard

Today, Fonepay is making a transformative leap in financial inclusion with the launch of our Domestic Scheme Digital-First Card. With hashtag #CreditCard penetration in Nepal at just 2%, this launch addresses a critical gap in our payments landscape. Traditional credit cards have been the norm for years, but they come with their own set of limitations. We see these limitations as opportunities to innovate. Our hashtag #VirtualCreditCard offers instant access and connects to vast network of merchants nationwide, from local vendors to major retailers. It’s more than just a product launch; it’s about creating a flexible, adaptive solution tailored to the evolving needs of Nepali consumers, and building a more inclusive, interconnected financial ecosystem that empowers both consumers and businesses in the digital age. We’re thrilled to take another leap forward with the launch of Nepal’s first-ever Virtual Credit Card – made possible through our hashtag #collaboration with Citizens Bank International Limited And to celebrate this milestone, we’re offering a 50% instant cashback of up to Rs. 1,000 on transactions made using the Citizens Fonepay Credit Card. At Fonepay, we’re committed to bringing the future of payments to you. hashtag #VirtualCreditCard hashtag #FonepayCreditCard hashtag #CashlessNepal hashtag #Cashback hashtag #DigitalBanking hashtag #PaymentsInnovation hashtag #DigitalFirstCard

Today, Fonepay is making a transformative leap in financial inclusion with the launch of our Domestic Scheme Digital-First Card. With #CreditCard penetration in Nepal at just 2%, this launch addresses a critical gap in our payments landscape. Traditional credit cards have been the norm for years, but they come with their own set of limitations. We see these limitations as opportunities to innovate. Our #VirtualCreditCard offers instant access and connects to vast network of merchants nationwide, from local vendors to major retailers. It’s more than just a product launch; it’s about creating a flexible, adaptive solution tailored to the evolving needs of Nepali consumers, and building a more inclusive, interconnected financial ecosystem that empowers both consumers and businesses in the digital age. We’re thrilled to take another leap forward with the launch of Nepal’s first-ever Virtual Credit Card – made possible through our #collaboration with Citizens Bank International Limited And to celebrate this milestone, we’re offering a 50% instant cashback of up to Rs. 1,000 on transactions made using the Citizens Fonepay Credit Card.  At Fonepay, we’re committed to bringing the future of payments to you.  #VirtualCreditCard #FonepayCreditCard #CashlessNepal #Cashback #DigitalBanking #PaymentsInnovation #DigitalFirstCard