PTCL, NIFT sign accord for secure bill payment options

ISLAMABAD: Pakistan Telecommunications Company Limited (PTCL) Tuesday signed an agreement with National Institutional Facilitation Technologies (NIFT) to enable and promote its online platform that will allow customers to pay their bills online conveniently and securely through NIFT's ePay digital payment gateway on PTCL's website.

The agreement was signed by Muhammad Amir Siddiqi, EVP Group Financial Planning & Treasury, PTCL and Haider Wahab, CEO, NIFT, said a press release. Being one of the largest payment processors in Pakistan, NIFT enables secure digital commerce payments through its DFS platform, under the brand name 'NIFT ePay'.

The PTCL customers can now make online payment using any bank account in Pakistan for e-commerce transactions on PTCL website, along with other existing digital payment instruments such as debit/credit cards and digital wallets to pay for their online purchases.

On the occasion, Muhammad Amir Siddiqi said, "This partnership will surely pave way for more efficient, easy and secure bill payment options for our customers. The opportunity to pay the bills directly through bank accounts or wallets in addition to the existing card-based transactions will create a sense of reliability, along with ease of use for our customers. We are constantly striving to provide our customers with services that add value to their experience."

Speaking on the partnership with PTCL, Haider Wahab, CEO, NIFT, said, "NIFT is extremely delighted to on-board PTCL and sees this as a strategic collaboration that will serve a large customer base across Pakistan for digitizing bill payments through our reliable and secure NIFT ePay platform.