It appears that the wait for having an online payment processing platform is over now. NIB Bank has announced that it is is brining Internet Payment Gateway in Pakistan that will allow online businesses to charge their customers through debit or credit card for the stuff they will buy on internet.
Establishment of Internet Payment Gateway in Pakistan is long pending, which was first announced by PTA in 2009. After that Bank Al-falah, along with its sister concern, claimed similar deployments but nothing turned into reality.
Agreement between Mastercard and NIB was signed on 5th April 2013 at NIB Bank’s Head Office, Karachi, by Mr. Khurram Agha, Group Head Operations & Technology – NIB Bank and Aurangzaib Khan, Country Manager, Pakistan and Afghanistan for MasterCard.
Now that NIB has partnered with MasterCard it is likely that MasterCard Internet Gateway Service (MiGS) will finally come to Pakistan.
With this service, merchants will be able to charge internet surfers with their debit/credit card for the services or products they sell on internet.
“Now, NIB Bank merchants will be able to process payments from cardholders on their online Web stores in real-time. As a MasterCard acquirer, NIB Bank will offer merchants world class, secure internet payment processing capabilities”, said a statement issued by NIB Bank.
Great news for folks from Pakistan who are dependent on internet payments. I hope this gateway, in some way, associated with other giants like Visa, Paypal etc.
Great news for folks from Pakistan who are dependent on internet payments. I hope this gateway, in some way, associated with other giants like Visa, Paypal etc.
The wait is not “over” until it really is available.
True. Also the real game changer will be when Paypal comes to Pakistan.
True. Also the real game changer will be when Paypal comes to Pakistan.
wow nice
Any Update on NIB Gateway? Should I send an Email regarding this to NIB?
I have tried http://www.gate2way.com they claim that they are the first payment processor in Pakistan.. Their service is good, support is okey, have eaisy paisa, ebanking, cash depost, atm fund deposit etc…. but credit card is still missing … anyways they are good available option and i am okey with them.. Idea of SMS to Merchant and Client is impressive …. hope they will grow in future
Right …. Gate2way is a good effort by Quick Tech i am using their gateway for my store. Its great for tension free ecommerce business in Pakistan.. i guess its only free available option of epayment in pakistan
Can you send me your cell nmbr please i want information about it or contact me at 03006826365
gate2way nice discovery
Can you send me your cell nmbr