No Result
View All Result
Monday, June 9, 2025
MM News
اردو
  • Home
  • Latest News
  • Showbiz
    Ana de Armas in a scene from "Ballerina." (Lionsgate via AP)

    How to watch Ana de Armas’ ‘Ballerina’ online

    SI Film

    Love Guru Review: Hit or flop?

    (Credit: Europa Press)

    ‘I Am Georgina’ won’t return as Netflix ends show about Ronaldo’s girlfriend

    Ali Zafar drops first Shina song ‘Karay Karay’ on Eidul Adha

    Ali Zafar releases first Shina language song ‘Kare Kare’

    Hania Aamir, known for her lively spirit, surprised fans with a photo carousel from Makkah, Saudi Arabia while Sana Javed, dressed in a peach ensemble, celebrated Eid with her cricketer husband Shoaib Malik

    Pakistani celebs celebrate Eidul Adha 2025 in style

    Directed by Tarun Mansukhani and produced by Sajid Nadiadwala, Housefull 5 features a power-packed lineup including Akshay Kumar and Abhishek Bachchan

    When will Akshay Kumar’s ‘Housefull 5’ get OTT release?

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • Showbiz
    Ana de Armas in a scene from "Ballerina." (Lionsgate via AP)

    How to watch Ana de Armas’ ‘Ballerina’ online

    SI Film

    Love Guru Review: Hit or flop?

    (Credit: Europa Press)

    ‘I Am Georgina’ won’t return as Netflix ends show about Ronaldo’s girlfriend

    Ali Zafar drops first Shina song ‘Karay Karay’ on Eidul Adha

    Ali Zafar releases first Shina language song ‘Kare Kare’

    Hania Aamir, known for her lively spirit, surprised fans with a photo carousel from Makkah, Saudi Arabia while Sana Javed, dressed in a peach ensemble, celebrated Eid with her cricketer husband Shoaib Malik

    Pakistani celebs celebrate Eidul Adha 2025 in style

    Directed by Tarun Mansukhani and produced by Sajid Nadiadwala, Housefull 5 features a power-packed lineup including Akshay Kumar and Abhishek Bachchan

    When will Akshay Kumar’s ‘Housefull 5’ get OTT release?

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Thought Box
  • Showbiz
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home Business & Stock

NayaPay gets in-principle approval from SBP to operate as EMI

Salima Bhutto by Salima Bhutto
October 1, 2019
NayaPay gets in-principle approval from SBP to operate as EMI

NayaPay gets in-principle approval from SBP to operate as EMI

KARACHI: The State Bank of Pakistan (SBP) has granted in-principle approval to NayaPay to operate as an Electronic Money Institution (EMI) in Pakistan on Monday.
According to a press release issued by the company, the approval will enable the company to commence the pilot phase of transactions in a controlled environment and under the SBP’s supervision to seek approval for the commercial launch of its services.
The press statement read, “NayaPay places great emphasis on customer convenience and has partnered with leading banks and other aggregators to facilitate users with multiple avenues for cash withdrawal, loading and bill payment.”
Also read: Shabbar Zaidi denies deadlock between FBR and traders
NayaPay Chief Executive Officer Danish A. Lakhani in a press release said, “E-Money will make financial services simpler, more convenient and accessible to the Pakistani user – the needs of whom have been overlooked for far too long.”
The press statement read, “As a home-grown platform, NayaPay will continue to drive innovation and iterate to best address specific pain points of local users and businesses while strictly following international AML and CFT guidelines.”
PayPal is an electronic commerce company that facilitates payments between parties through online funds transfers. It allows customers to establish an account on its website, which is connected to a user’s credit card or checking account.
NayaPay will enable Pakistanis to open E-Money accounts and make timely digital payments to each other and in-between businesses. It has partnered with leading banks and other aggregators to facilitate users with multiple avenues for cash withdrawal, loading and bill payment.
Users will also be able to withdraw cash through the NayaPay app and the associated debit card, which will be accepted at any ATM, as well as pay bills. Customers will also be able to transfer money through mobile by using a secure EMVCo. QR code.
Tags: Karachi SBPMM groupmm newsmm tvNayaPay
ShareTweetSendShare
Previous Post

PM meets earthquake-affectees in AJK

Next Post

Finland holds anti-India protest against IoK’s curfew

Related Stories

Bhatta Chowk cattle market
Bakra Eid 2025

Over 1.1 million sacrificial animals sold in Punjab ahead of Eidul Adha

June 9, 2025
Business & Stock

Federal budget 2025-26 to be presented tomorrow

June 9, 2025
Business & Stock

Major targets missed as Pakistan’s Economic Survey 2024-25 to be presented tomorrow

June 8, 2025
Business & Stock

Motor Dealers Association hopes govt will ease used vehicle import restrictions

June 8, 2025
(APP)
Business & Stock

Karachi’s Northern Bypass cattle market sees over 150,000 animals sold since April 19

June 7, 2025
Business & Stock

Budget 2025-26: Govt to increase withholding tax for non-filers

June 7, 2025
Pakistan’s Minister of State for Crypto and Blockchain Bilal Bin Saqib meets New York City Mayor Eric Adams (left) in NewYork City on June 6, 2025. (Pakistan Crypto Council)
Business & Stock

Bilal Bin Saqib meets New York City Mayor to strengthen bilateral cooperation

June 6, 2025
Solar panels installed at a Peshawar park to meet lighting needs. (Image: Dawn.com)
Business & Stock

Govt likely to impose 18% sales tax on solar panels in budget 2025-26

June 6, 2025
Online file photo
Business & Stock

SSGC issues gas supply schedule for Karachi during Eidul Adha

June 5, 2025
File photo
Business & Stock

Rs343 million renovation plan for PM Office in budget 2025-26

June 5, 2025
Next Post
Finland holds anti-India protest against IoK’s curfew

Finland holds anti-India protest against IoK’s curfew

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending Stories

Renna O’Rourke went into cardiac arrest after inhaling fumes from a compressed air product typically used to clean keyboards—an act also referred to as "huffing." (Image: Facebook)
Trending

What is the viral ‘dusting challenge’ that led to Arizona teen’s tragic death?

by MM News Staff
June 9, 2025
J-35A at 2024 Zhuhai Air Show
Top News

Pakistan to acquire J-35 stealth jets in landmark defense deal with China

by MM News Staff
June 9, 2025
File
Transport

Karachi Green Line BRT to receive Rs42.7 billion in PSDP 2025-26

by MM News Staff
June 9, 2025
The image published on June 4, 2025, announces the selection of Pakistan-origin Mahnoor Qazi as the recipient of the James Baldwin Award.
Top News

Pakistani-American Mahnoor Qazi wins ‘James Baldwin Award’ for fiction

by MM News Staff
June 9, 2025
Bhatta Chowk cattle market
Bakra Eid 2025

Over 1.1 million sacrificial animals sold in Punjab ahead of Eidul Adha

by MM News Staff
June 9, 2025

Opinion

munir ahmed oped
The Betrayals Within: From Homes to Halls of Power
June 5, 2025
- Munir Ahmed
munir ahmed oped
AIF 2025 – A Rallying Cry for Unity in a Fractured World
May 31, 2025
- Munir Ahmed
munir-ahmed-oped-2-1140x1140
Eurasian Economic Union at 10: Looking Beyond the Decade
May 29, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

File photo
Bakra Eid 2025

Eidul Adha holidays: PDMA issues heatwave alert

by MM News Staff
June 5, 2025

Punjab Provincial Disaster Management Authority (PDMA) has issued an alert regarding temperature rise and...

representative image

Severe heatwave warning issued nationwide for Eid holidays

June 5, 2025
President Asif Ali Zardari

World Environment Day: Climate disasters displace millions in Pakistan: President

June 5, 2025
Image: ET

Weather updates for Karachi and other parts of country

June 5, 2025
See all

Prices

Solar panels installed at a Peshawar park to meet lighting needs. (Image: Dawn.com)
Business & Stock

Govt likely to impose 18% sales tax on solar panels in budget 2025-26

by MM News Staff
June 6, 2025

Pakistan is poised to introduce major changes to its taxation framework in the upcoming...

Karachi consumers get Rs2.99/unit relief, power rates hiked elsewhere

June 5, 2025
(File)

Gold price increases Rs4,300 per tola

June 5, 2025
(Representational Image)

Will govt scrap solar net metering in budget 2025-26?

June 5, 2025
See all

Transport News

File
Transport

Karachi Green Line BRT to receive Rs42.7 billion in PSDP 2025-26

by MM News Staff
June 9, 2025

The federal government has set aside a total of Rs. 42.7 billion under the...

Lack of adequate public transportation facilities in Karachi has made rickshaws a popular transport.

Sindh govt bans four-seat rickshaws in Karachi

June 6, 2025

Air Karachi granted regular public transport license

June 5, 2025
(Representational Image, Credit: ProPakistani)

How to apply for Punjab electric taxi scheme

June 4, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.