EFU Life has signed an agreement with National Institutional Facilitation Technologies (NIFT) to enable digital payments through NIFT ePay, which is an epayment gateway provided by NIFT, one of Pakistan’s largest payment processors, to enable digital payments (mobile/electronic commerce payments) through NIFT’s DFS platform.
NIFT ePay introduced an account-based e-commerce payment platform that is increasingly being embraced by Pakistan’s leading businesses across a variety of industries.
The NIFT’s ePayment portal has a flexible pricing regime and the ability to configure solutions to allow payments across a variety of use cases.
“EFU Life is another interesting and exciting use case opening up digital payments and services going live with NIFT’s ePayment Gateway. We are pleased to provide EFU Life customers with the convenience of digital payments. We believe that comprehensive and creative digital payments favor all parties involved and help to achieve financial inclusion and a digital economy. This was exactly the idea behind NIFT ePay, and it’s encouraging to see it come to fruition in the market,” said Mr. Haider Wahab, CEO of NIFT.