Digital payments present a significant opportunity for businesses to increase revenues and streamline collections. According to a study by Mastercard, 68% of Pakistanis increased their usage of at least one digital payment method, such as digital cards, SMS payments, digital wallets, and instant payment services.

These statistics indicate a growing need among businesses to offer digital payments and a shift in consumer preferences. Neem's payment solution for digital platforms directly addresses this demand and the vast opportunity it presents.

To enhance our payments offering, we have partnered with PayFast, a leading payment gateway provider. This collaboration allows us to offer a robust payment gateway solution to digital platforms in Pakistan.

In more detail, Neem will also offer digital platforms a payment gateway option for a simplified payment collection process. With easy integration through APIs and SDKs, any digital platform can streamline its time-to-market and enable seamless collections and automated settlements.

Currently, PayFast facilitates digital payments for over 500 businesses across Pakistan. Through our partnership, PayFast customers will make fast and secure payments using Neem's payment infrastructure at all PayFast-enabled online checkouts and point-of-sale (POS) transactions.

At Neem, our mission is to improve access to impactful financial services and promote financial wellness in emerging markets. This partnership marks a significant stride towards that goal by simplifying the adoption of digital payment experiences for businesses and consumers alike.