NayaPay recently added one of Pakistan’s biggest commercial banks, JS Bank into their list of Partner Banks. The two recently signed an agreement, the collaboration would help enhance the digital payment system in Pakistan. The partnership will help customers from both organizations to link their JCash accounts or JS bank accounts with NayaPay accounts. This will guarantee a smooth money transfer process between merchant accounts and transferring funds to other JS Bank accounts as well. Businesses who are using this feature can also take advantage of their linked accounts to make payments to merchants via the NayaPay application.
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The process to load the NayaPay accounts is extremely simple as well. All one has to do is visit the JSBL internet banking portal or the banking application. Consumers may also visit any JS Bank bank to deposit cash over the counter.
The Chief Digital Officer of JS Bank, Noman Azhar, spoke regarding the partnership,
“This partnership will allow us to fulfill one of our key objectives which is delivery of value-added payment solutions in a simple, convenient and easy manner. We believe in providing an enabling environment to startups which can help to fill the gaps in the current ecosystem”.
The Chief Information Officer NayaPay, Faraz Javed, also spoke at the ceremony,
“At both NayaPay and JS Bank, customer convenience without compromising security is paramount- our strategic partnership will go a long way towards achieving this goal. We look forward to a strong relationship between JS Bank and NayaPay to bring immense value to our collective customers.”
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