Managing international payments just got easier and faster for Pakistani businesses, entrepreneurs, and freelancers! 🚀
Payoneer (NASDAQ: PAYO), a leading global financial technology company, has partnered with Meezan Bank, Pakistan’s top Islamic bank, to enable seamless cross-border payments.
This collaboration aims to simplify international transactions, enhance cash flow management, and empower businesses to expand globally. Let’s dive into the details!
💼 How This Partnership Benefits You
Pakistani SMBs, e-commerce sellers, and freelancers can now:
✅ Link their Payoneer accounts with Meezan Bank’s mobile banking app
✅ Withdraw earnings in multiple currencies in real time 💰
✅ Access transparent FX rates with no hidden fees
✅ Monitor multi-currency balances with ease 🌎
✅ Experience fast authentication via SMS for security 🔒
🔗 Seamless Integration for Effortless Transactions
With this integration, users can now receive payments from international clients, vendors, and marketplaces directly into their Meezan Bank accounts. This means:
✔️ Faster fund transfers with zero complications
✔️ Hassle-free global transactions without intermediaries
✔️ One-tap withdrawals via the Meezan Bank mobile app
📜 Regulatory Compliance Made Easy
Every transaction will include an e-Proceeds Realization Certificate (ePRC)—a critical document required for:
📌 Regulatory adherence 📌 Tax filing 📌 Export rebates
This ensures full compliance with Pakistan’s legal framework, making life easier for businesses dealing in cross-border trade.
🚀 Boosting Pakistan’s Digital Economy
This partnership comes at a time when Pakistan’s digital economy is booming 📈.
📌 IT exports surged to $3.2 billion in FY24—a 24% year-on-year growth
📌 1.5 million+ freelancers contributed $350 million to foreign exchange reserves
By bridging global financial barriers, Payoneer and Meezan Bank are fueling the expansion of Pakistan’s businesses on the international stage. 🌍
💡 What Industry Leaders Are Saying
🔹 Mohsin Muzaffar, Country Manager, Payoneer Pakistan:
“This partnership provides Pakistani businesses with the right financial tools to expand globally while strengthening Pakistan’s digital export sector.”
🔹 Abdullah Ahmed, Group Head, Transaction & International Banking, Meezan Bank:
“Our digital expertise and commitment to ethical Islamic banking make us the ideal partner for Payoneer. This collaboration promotes financial inclusion and innovation.”
🎯 Final Thoughts – A Game Changer for Businesses
With Payoneer and Meezan Bank joining forces, Pakistani entrepreneurs and freelancers can now seamlessly transact worldwide with confidence and ease.
💬 What do you think of this new payment solution? Drop your thoughts in the comments! 👇
