NEWS
NayaPay and Visa to fasttrack
digital payments
in Pakistan
Vocus helps
customers
navigate the
‘unimaginable’
with speed
and agility
Vocus, a leading fibre and network
solutions provider which owns and
operates networks spanning 30,000km,
connecting all mainland capitals and most
regional centres in Australia and New
Zealand, to Asia and beyond, has shown
speed, agility and decisive leadership to
be the most critical factors in supporting
customers through the COVID-19 pandemic.
In a bid to meet increased demands and
provide network resilience, reliability and
secure connectivity during the mammoth
shift to remote working, the telco provider
quickly pivoted and refocused efforts on
helping customers through the immediate
impact of the crisis.
NayaPay has joined the Visa Fintech
Fast Track program, speeding up the
payment company’s integration process
with Visa and enabling it to leverage the
reach, capabilities and security of the
Visa global payments network.
Through the Fast Track program,
NayaPay has access to Visa’s partner
network, technology and resources to
accelerate innovation in digital payments
in Pakistan.
As an Electronic Money Institution
(EMI), NayaPay will enable users to open
E-Money accounts within a few minutes
and make hassle-free digital payments
to each other and to businesses.
NayaPay consumers and merchants can
use their NayaPay Visa debit card to
perform online and in-store transactions
with millions of retailers worldwide as
well as withdraw cash conveniently at
any ATM location. NayaPay customers
can also scan Visa merchant QR codes to
make payments directly through
their app.
Danish Lakhani, CEO NayaPay, said:
“We are delighted to have found a
partner in Visa that shares our goals of
making financial services simpler, more
convenient and accessible to Pakistani
users – the needs of whom have been
overlooked for far too long. Over the past
few months, we have been integrating
Visa’s offerings to reinforce our issuing
and acquiring capabilities and to deliver
on our promise of becoming a part of
citizens’ daily lives.”
Vocus delivered more than 340 upgrades for
230 customers during the initial week when
businesses shifted to working from home,
while also adding around 40% capacity to
allow those working from home to access
corporate services. It also accelerated a
partnership with Zoom to bring video-first
conferencing to customers.
Andrew Wildblood, Vocus Chief Executive,
Enterprise and Government, said a different
type of leadership is needed during a crisis
like a pandemic.
He added: “This is one of the largest, most
rapid changes to business that we’ve seen
in our lifetime and really underscores the
role of the network and ICT infrastructure
in helping businesses cope with disruptions
completely out of their control.”
8 INTELLIGENTCIO www.intelligentcio.com