What are payment gateways in Pakistan?
Payment gateways in Pakistan are services that allow businesses to accept online payments through cards, mobile wallets, bank transfers and other payment methods. Available providers and supported methods vary by business type and commercial agreement.
Detailed Explanation
Pakistan has a rapidly growing ecommerce ecosystem supported by several SBP-regulated payment gateways.
Major providers include PayFast, Safepay, JazzCash, Easypaisa, and others.
To operate a payment gateway in Pakistan, companies must obtain a PSO/PSP or EMI license from the State Bank of Pakistan (SBP).