The Bank of Khyber (BoK) and Daraz, Pakistan’s leading e-commerce platform, have entered into a strategic collaboration to shape the future of digital commerce and online payments in the country. This partnership aims to redefine convenience and innovation for customers, merchants, and businesses, setting new standards for how banking and digital retail ecosystems can work together to drive economic growth and financial inclusion.
The announcement marks an important milestone in Pakistan’s rapidly evolving fintech and e-commerce landscape. As part of the collaboration, BoK and Daraz will work together to create seamless financial experiences that empower consumers and support merchants with reliable, secure, and accessible digital payment solutions. The partnership demonstrates a shared vision of fostering a robust digital economy through the integration of modern banking services with online retail platforms.
The Bank of Khyber, one of Pakistan’s leading financial institutions with a strong regional and national footprint, continues to expand its digital banking portfolio through strategic alliances that promote innovation and inclusion. Partnering with Daraz enables BoK to tap into Pakistan’s growing online consumer base, offering tailored financial products and services that meet the evolving demands of digital shoppers and sellers.
During the announcement, Hamash Dahalan, Regional Director at Daraz, was welcomed by the BoK leadership team as both organizations discussed their joint vision to simplify online transactions and enhance the overall digital experience for customers. This collaboration is expected to streamline payment solutions on the Daraz platform, ensuring greater convenience for users while supporting Pakistan’s transition toward a cashless economy.
Through this partnership, Daraz will benefit from BoK’s expertise in secure financial services, while BoK will leverage Daraz’s digital infrastructure and user network to expand its reach in the e-commerce space. The joint effort will introduce innovative solutions that make digital payments more efficient, accessible, and rewarding for both consumers and small businesses.
Pakistan’s e-commerce sector has witnessed remarkable growth in recent years, driven by increased internet penetration, smartphone adoption, and consumer confidence in digital transactions. However, many challenges remain, including limited access to financial tools for small merchants and a fragmented payment ecosystem. The BoK-Daraz partnership addresses these issues by providing integrated solutions that connect the financial and retail sectors more effectively, enabling smoother payment processing and faster customer adoption.
Speaking on the collaboration, representatives from both organizations emphasized that this initiative is not just a business partnership but a step toward empowering Pakistan’s digital future. By focusing on innovation and convenience, BoK and Daraz aim to strengthen trust in digital commerce and support Pakistan’s broader vision of building an inclusive, technology-driven economy.
The alliance also highlights the increasing importance of public-private collaborations in shaping the digital finance ecosystem. With BoK’s banking expertise and Daraz’s e-commerce leadership, this partnership represents a strategic alignment that could pave the way for new financial products, digital credit solutions, and enhanced merchant services in the near future.
As digital transformation continues to accelerate, the Bank of Khyber’s proactive approach toward technology-driven financial services positions it as a key player in Pakistan’s fintech revolution. Meanwhile, Daraz’s commitment to innovation and customer empowerment ensures that this partnership will play a defining role in the next phase of digital commerce evolution.
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