Premier Systems has announced a major breakthrough for Pakistan’s fintech sector through its subsidiary Premier Code Pvt. Ltd. at the B2B Investment Forum in Beijing. The company has signed a Joint Technology Transfer and Development Agreement with Fujian Centerm Information Co. Ltd., a global leader in payment technology solutions.
This strategic partnership sets the stage for the country’s first locally assembled point-of-sale (POS) machines, a milestone that aligns with Pakistan’s digital transformation and its ambitions to build a robust and self-reliant fintech infrastructure. The collaboration focuses on technology localization, secure payment innovation, and developing end-to-end digital payment solutions tailored to Pakistan’s growing financial ecosystem.
Under this agreement, Premier Systems and Fujian Centerm will work together to transfer advanced payment technology to Pakistan, enabling local manufacturing and development of POS devices. This initiative aims to reduce dependence on imported payment hardware, lower costs for financial institutions and merchants, and strengthen the domestic technology ecosystem.
Industry experts believe this development will accelerate financial inclusion by increasing access to reliable payment solutions across retail, services, and e-commerce sectors. By producing POS machines locally, Pakistan can expand its digital payment acceptance infrastructure more efficiently, making transactions more accessible to businesses and consumers alike.
This move also supports Pakistan’s broader strategy to strengthen its digital economy and build export potential in the fintech manufacturing space. Local assembly of POS devices will not only serve domestic demand but also create opportunities for future exports to other regional markets, positioning Pakistan as a competitive technology hub.
Fujian Centerm brings deep global expertise in secure payment systems and device innovation, while Premier Systems contributes its local market knowledge, regulatory insight, and operational capability. This synergy is expected to pave the way for new solutions in payment technology that are fully compliant with Pakistan’s financial regulations and cybersecurity standards.
The collaboration also comes at a time when Pakistan’s fintech ecosystem is rapidly expanding, with banks, payment service providers, and digital platforms embracing new technologies to enhance customer experiences. The introduction of locally assembled POS terminals is expected to drive adoption, particularly among small and medium enterprises that require cost-effective payment solutions.
Premier Systems stated that this agreement represents a commitment to fostering technological independence and innovation within the country’s financial sector. By bringing advanced fintech manufacturing capabilities to Pakistan, the company aims to support the government’s vision of a more inclusive, digitized economy.
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