International Payment methods coming to Pakistan: Here’s all that you need to know

The project strives towards a borderless experience for business and consumers alike.

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The National Institutional Facilitation Technologies (NIFT) and Checkout.com have started their project to bring international payment methods to Pakistan, after signing a Memorandum of Understanding (MoU) last month.

About NIFT | NIFT

The project was launched during the third meeting of the National e-Commerce Council (NeCC), chaired by The  Adviser to The Prime Minister on Commerce & Investment, Abdul Razak Dawood, at the Ministry of Commerce on Thursday.

According to officials, the project’s implementation would enable both organizations to provide payment services via each other’s infrastructure and to follow commercial opportunities as a partnership.

Checkout.com, NIFT finalizing borderless payment mechanism in six months | Arab News PK

The project strives towards a borderless experience for business and consumers alike, encouraging digital payments and settlements for exports and digital commerce over Pakistan, the officials said.

Meanwhile, during the meeting of NeCC, an MoU was also signed between the Chain Store Association of Pakistan and Pakistan Software Houses Association ([email protected])to encourage the use of indigenous technology and connectivity of the SMEs.

The agenda items regarding the FBR included updates on cross-border e-commerce procedures (integration of e-commerce exports with WeBoC) and progress on the formulation of the return policy for e-commerce exports. The SECP gave a briefing regarding the facilitative registration mechanism introduced for the e-commerce sector.

Checkout.com is a worldwide payment provider that offers reliable payments in more than 150 currencies, in-country acquiring, robust fraud filters, and reporting – all accessed via a single point of integration.

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They accept payments from all weighty international card schemes, including Union Pay, Visa, MasterCard, American Express, and popular alternative, local payment methods.

Checkout.com brings a combined offering of all the well-known international payment methods and wallets such as Google Pay, PayPal, AliPay, and Apple Pay, enabling the merchants to pay and run their businesses in Pakistan.

What are your views on this? Share with us in the comments below.

  • Checkout.com is not a payment method and it is a payment processor and it is not work like siasat told or peoples understand. We still can’t make paypal in Pakistan. I have an account with them and using them since last 10 years.


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