Payment Ecosystem in Pakistan

With ecommerce growing in Pakistan online payment methods will act as a crucial step in ensuring adoption to online services once a customer builds trust with a retailer. Currently the most used method of payment for online purchases is through Cash on Delivery (COD) services which are available to all ecommerce players by local courier companies such as TCS, BlueEx, and Leopard.

This page will be use as a means to keep an up to date account on the developments in the payment system within Pakistan. If you want weekly updates on payment system in Pakistan subscribe to the The Week In Pakistan Newsletter or follow me on Twitter (@adamdawood)

Latest Updates on Payment Systems in Pakistan

1st July 2014Telenor Launches Direct Carrier BillingLinkAnnouncement
18 June 2014Payment System Review (3Q 2014)LinkReport
14 June 2014Mobile interbank fund transfer service launchedLinkAnnouncement
14 June 2014Mobile Banking: The Fingertip SolutionLinkAnalysis
28 May 2014Cards from Pakistan face second highest fraud activity after Indonesia.LinkReport
27 May 2014Mastercard & Bank of Punjab launch financial inclusion programLinkAnnouncement
2 May 2014Telenor to launch online payment gateway under its EasyPaisa brand. LinkAnnouncement
25 Apr 20141Link to launch Direct Debit service for Pakistani customers by July'14LinkAnnouncement
2 Apr 2014MCB &Mastercard to offer merchant acquiring facilities to online retailers in PakistanLinkAnnouncement
18 Mar 2014HBL & Visa's CyberSource announce partnership to accept online payments in PakistanLinkAnnouncement
1 Oct 2013SBP's Payment Systems Review (1Q FY14)LinkReport
11 Jan 2013UBL & Etisalat announce partnership to launch eCommerce payment gateway in Pakistan.LinkAnnouncement

Ecommerce & Payment Gateways

WebsiteCODCredit CardsEasyPaisaOnline Transfer
HomeShopping.pkYesOffline ChargeNoYes
TCS ConnectYesUBLYesYes

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