Faysal Bank and OPay Cross Rs100 Billion in Digital Retail Payments, Marking Major Fintech Milestone

Karachi, September 2025 – Faysal Bank Limited (FBL), one of Pakistan’s fast-growing financial institutions, has announced that it has crossed the milestone of processing over Rs100 billion in digital retail payments in partnership with China-based fintech OPay. The achievement represents a significant step forward in the expansion of Pakistan’s digital payments landscape, where adoption of cashless transactions is gaining momentum at an unprecedented pace.

The announcement was made during a milestone celebration event held at Faysal Bank’s head office, attended by senior leadership from both FBL and OPay. The event highlighted how the partnership between a leading local bank and an international fintech has created a strong framework for driving innovation and customer convenience across the financial ecosystem.

Yousaf Hussain, President and Chief Executive Officer of Faysal Bank, remarked that the bank has consistently taken a progressive approach in digitizing financial services for individuals and businesses. He emphasized that FBL remains committed to leading innovation in SME and retail payments, with a sharp focus on developing secure, reliable, and user-friendly solutions that meet evolving customer needs.

“We believe in fostering partnerships to create value in the ecosystem and enhance a collaborative framework for best results. Our successful partnership with OPay is a testament to our resolve towards creating an enabling environment which brings value for all stakeholders and end-users alike,” Hussain stated.

The milestone also reflects how fintech collaborations are becoming central to the growth of Pakistan’s cashless economy. By enabling secure transactions and promoting digital financial inclusion, the partnership between FBL and OPay demonstrates the growing trust of merchants and consumers in digital channels.

Zeb Khan, Chief Executive Officer of OPay (Finja), echoed these sentiments during the event. He noted that the Rs100 billion milestone was a clear reflection of the confidence merchants and consumers have placed in OPay’s digital payment solutions. “It reflects the strength of our partnership and the trust placed in us by merchants and consumers. Together, we will continue to drive innovation and make digital payments more accessible across Pakistan,” he said.

Industry observers point out that the FBL-OPay collaboration highlights the increasing role of digital wallets and fintech platforms in reshaping the financial sector. With remittances, SME payments, and retail transactions forming the backbone of everyday commerce, the introduction of secure, fast, and accessible digital payment channels is helping Pakistan move closer to its financial inclusion goals.

The achievement also underscores the broader digital transformation underway in Pakistan’s banking and fintech ecosystem. As customers demand greater convenience and transparency, and as businesses seek scalable solutions for managing payments, such partnerships are likely to play a pivotal role in accelerating adoption of digital financial services.

For both institutions, this milestone is not an endpoint but a foundation for future expansion. Faysal Bank and OPay have reiterated their commitment to scaling services further, targeting more merchants, SMEs, and retail consumers while introducing new products that enhance the digital payments experience.

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