The company announced on Thursday (September 2) that it is the first e-money institution (EMI) in Pakistan after receiving commercial approval from the country's central bank.
Sponsored by Lexon Group, one of Pakistan’s leading corporate groups, NayaPay App Apk focuses on bringing more residents into the mainstream financial services ecosystem and meeting the needs of lower bank citizens.
According to the announcement, the company now plans to launch a brand new Pay Consumer app with commercial approval, which allows users to create a digital wallet on their smartphone using their computerized National Identity Card (CNIC).
Once the user is logged in, the Virtual Visa Card account connects to their account for online purchases. The announcement said the actual Visa debit card will also be available at the user's request for a non-available fee, which they can use to pay more than 46 million merchants worldwide.
Regarding the approval of the EMI license, Danish A Lakhani, founder, and CEO of NayaPay App Apk said in a press release that the company was interested in opening services that were previously only available to a handful of users with a wide customer base.
"We believe that the future of commerce is fast, accessible, and inclusive," he said in the announcement. "With our affordable and secure digital platform, NayaPay aims to be at the forefront of Pakistani digitization that enables payments, communication, and seamless interaction between individuals and businesses."
See also: With a larger population than Brazil, Pakistan's new digital SMEs offer tremendous opportunities
According to the announcement, the company has partnered with several leading banks to enable users to pay merchants with NayaPay App Apk, as well as easily transfer funds from other banks to NayaPay App Apk for their daily payment needs.
Merchant customers will also benefit as they can use their digital wallets to receive payments, pay for expenses, and transfer funds to other banks.
The company has also announced upcoming plans for small and medium-sized businesses (SMBs) that will have access to a new platform called Arc, which will provide access to digital payment acceptance and financial management tools.
About it NayaPay App Apk
Despite price volatility and regulatory uncertainty, new research from PYMNTS shows that 58 percent of multinational companies are already using at least one type of cryptocurrency - especially when transferring money across borders. In the new Cryptocurrency, Blockchain, and Global Business Survey, a collaboration between PYMNTS and Circle, Paul 500 executives investigate the potential and harm of crypto on its way into the financial mainstream.
Dubai-based SFM Corporate Services, which has helped investors and entrepreneurs start businesses in about 25 countries, saw a 10% growth in business as it began accepting cryptocurrency as payment for business-building services, Granted Gulf reported on Thursday (September 2). . .
According to the report, SFM will accept Bitcoin, Ethereum, Bitcoin Cash, and Litecoin as payment methods.
"Today, cryptocurrency trading is winning the majority of the market, enabling traders and investors to increase their capital and generate more revenue," said Reza Afshar, CEO of SFM, according to the report. Prefers to use the same cryptocurrency for our purchases. Services to avoid the hassle of currency exchange and long international bank transfers. "
In other news, beauty and medical services company Skin 111 Clinic has announced a strategic partnership with blockchain-based luxury treatment company Adonis that will allow customers to pay for Baspok Medical and Wellness treatment in IDON tokens.
As the business world increasingly accepts adoption, countries around the world disagree on whether to accept cryptocurrency as a means of payment.
Cuba will allow the use of digital currency for payments once the rules and framework for licensing are found. The Central Bank of Cuba will work on the implementation of rules and regulations relating to cryptocurrency.
Features of NayaPay App Apk
Be in your usual payment group
When you send a payment using the NayaPay App Apk, it stays between you and your friends. Only those involved in this transaction can see it.
Make payments anywhere from your phone Contactless payments are accepted. Just unlock, grab the reader, and bus.
Join your favorite businesses and discover new ones
When you open the app, find companies that have used NapyDow. Get instant get access to your transactions, activate loyalty cards, and eat.
Find a restaurant nearby and order a meal
No need to switch between different distribution programs. Explore restaurants, look at menus, and order pick-up or delivery items with just a few taps.
Strengthen your next adventure
Find the nearest petrol station, see prices and pay for fuel directly from the app.
Keep your cell phone with you while driving
Pay without contact for public transport trips if available. Just add a pass or set up a card, then turn on your phone.
Use NayaPay for quick and secure checkout when shopping through websites and apps.
Authentication for each payment
Every time you open an app or make a payment, you have to use your fingerprint, pattern, PIN, or face to verify your identity. Only you can pay or send money.
Protect your personal information
Try the personal experience to see the most relevant offers from the company and get recommendations for savings.
Turn it on or off at any time.
Manage and control contact synchronization via personalization and other privacy settings such as location settings and + settings
Your card is encrypted
When you make a cashless payment from your Android phone, NayaPay App Apk shares a unique virtual account number with the company instead of your actual card number, so your payment information is secure.
NayaPay Apk Mod Features
- Free to download
- Stream free
- No registration required
- The best collection of movies and shows
- An easy and unbreakable connection
- High-quality performance
- The interface is easy to use
- No advertising
- A lot more
How can I install NayaPay Apk on my Android phone?
- You can download the App by clicking the button above to start the download. Once the download is complete, you will find the APK in the "Downloads" section of your browser. Before you can install it on your phone, you need to make sure that third-party apps are allowed on your device.
- To make this possible, the steps are mostly the same as below. Open Menu> Settings> Security> and check for unknown sources so that your phone can install applications from sources other than the Google Play Store.
- Once you have completed the above step, you can go to "Download" in your browser and tap the file once downloaded. An installation prompt will appear asking for permission and you can complete the installation steps.
- Once the installation is complete, you can use the application as usual.
What are the profits and consequences of downloading the NayaPay Apk directly?
Pros:
- You can download any version of the application directly from the third-party website. You can have the app archives of most versions and you can download them according to your needs.
- Unlike Play Store, downloading is instant, you don't have to wait for the review process, etc.
- After downloading, there is an APK file on your memory card/system memory. So you can uninstall and reinstall them many times without downloading.
Cons:
- Downloading apps from third-party sources are not usually checked by Google. So it can be harmful to your phone.
- APK files may contain viruses that steal data from your phone or damage your phone.
- Your apps won't automatically update because they don't usually have access to the Google Play Store
Screenshots and Images
Frequently Asked Questions
Q: How can ApkResult.com guarantee 100% security for NayaPay App?
A: If someone wants to download an APK file from ApkResult.com, we check the relevant APK file on Google Play and allow users to download it directly (of course they are cached on our server). If the APK file does not exist in Google Play, we will find it in our cache.
Q: Can I update the Apk from the Play Store when I install APK from ApkResult.com?
A: Yes, of course. The Play Store installs downloads from Google's servers, with the exception of downloading and installing your service (page loading), and page loading from websites like ApkResult.com is the same.
An update will begin as soon as you get the version of the Play Store app in the new version of the Play Store.
Q: Why is Android App Permission needed to download NayaPay Apk?
A: Applications require access to some of your device's systems. When you install an application, you will be notified of all the permissions required to run that application.
Conclusion
This review must have fulfilled all your queries about NayaPay App Apk now downloads this amazing app for Android & PC and enjoy it. If you like the App please share it with your friends and family.
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