1LINK, Pakistan’s leading payment system operator and service provider, recently organized an exclusive Industry Engagement Webinar for its member banks. The event brought together over 80 participants representing leading financial institutions from across the country, reinforcing 1LINK’s role in promoting collaboration, innovation, and efficiency within the national payments ecosystem.
The session provided participants with a comprehensive overview of 1LINK’s ongoing initiatives, operational performance, and product suite designed to enhance digital financial services across Pakistan. Among the key highlights were detailed presentations on PayPak and its evolving variants, Risk Services, Limit Management, Cash-in Service, Cash on POS, Recaas, Interoperable Cash Deposit Machine (CDM), and 1ID. In addition, 1LINK shed light on its new value-added offerings and the recently certified personalization bureau, aimed at delivering enhanced security and customization capabilities for partner institutions.
The webinar focused on a two-pronged approach: equipping member banks with advanced digital tools to increase operational agility, and improving the end-user experience by offering secure, convenient, and inclusive payment solutions. Participants engaged in discussions around strengthening compliance frameworks, enhancing control mechanisms, and expanding interoperability to accelerate Pakistan’s journey toward a cashless economy.
The event served as a strategic platform for 1LINK to align its member banks with its vision of advancing Pakistan’s financial digitalization through robust technological infrastructure and standardized services. As the country’s designated payment service provider, 1LINK continues to play a pivotal role in setting industry benchmarks and facilitating safe and reliable financial transactions.
PayPak, Pakistan’s domestic payment scheme operated by 1LINK, remained a central topic during the session. The company highlighted recent enhancements to PayPak and its upcoming variants, reflecting its commitment to providing a competitive and sustainable alternative to international card schemes. The focus on expanding PayPak’s acceptance network and integrating new services underscores 1LINK’s mission to strengthen financial sovereignty while promoting inclusion.
1LINK’s leadership also emphasized the importance of collaboration among banks and payment service providers in driving innovation. By integrating technology with customer-centric solutions, 1LINK aims to foster a payments ecosystem that supports both institutional and consumer growth. The company continues to leverage partnerships with regulators, banks, and fintechs to promote digital adoption and financial inclusion across all segments of society.
The Industry Engagement Webinar reinforced 1LINK’s dedication to supporting Pakistan’s digital payments agenda through continuous improvement and transparent industry dialogue. By addressing operational and regulatory challenges and introducing cutting-edge products, 1LINK is laying the groundwork for a future where digital transactions are secure, accessible, and widely accepted.
As Pakistan’s digital economy gains momentum, 1LINK’s initiatives stand at the forefront of enabling financial institutions to meet evolving consumer expectations, enhance transaction safety, and ensure inclusivity. The company’s proactive engagement with stakeholders highlights its vision to transform Pakistan’s payments landscape into a globally competitive digital ecosystem.
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