Quwat Services Private Limited (QSPL) has officially been onboarded on 1LINK’s 1BILL platform as a non-banking initiator, marking a significant step forward in expanding digital payment solutions in Pakistan. The collaboration, supported by Bank Alfalah as the settlement bank, aims to enhance the convenience, security, and efficiency of bill payment services for consumers nationwide.
The signing ceremony was attended by key representatives from all participating organizations, including Mr. Muhammad Saad, CEO of QSPL, Mr. Najeeb Agrawalla, CEO of 1LINK, and Mr. Imran Korai, Head of Cash Management at Bank Alfalah, alongside their respective teams. The event underscored the collective commitment of fintech, banking, and payment technology stakeholders to accelerate the adoption of digital financial solutions across Pakistan.
As a non-banking initiator on the 1BILL platform, QSPL will facilitate the processing of utility and service bill payments without the need to operate as a bank. This model allows companies like QSPL to integrate seamlessly into the existing digital payments infrastructure, offering end users streamlined and secure payment experiences. Bank Alfalah, serving as the settlement bank, will ensure that all transactions are executed efficiently and reconciled accurately, providing a reliable financial backbone for the initiative.
Industry observers note that the collaboration addresses a growing demand for accessible digital payment channels, particularly in urban and semi-urban areas where digital adoption is accelerating. By leveraging 1LINK’s robust payment network, QSPL can offer consumers faster, more convenient, and transparent bill payment solutions, reducing dependency on cash and traditional manual payment methods.
Mr. Muhammad Saad emphasized that onboarding onto the 1BILL platform reflects QSPL’s commitment to innovation and customer-centric service delivery. “This partnership will empower consumers to manage their bills digitally with confidence, ensuring a seamless experience while contributing to Pakistan’s broader vision of a cashless economy,” he stated.
Similarly, Mr. Najeeb Agrawalla highlighted 1LINK’s role as a key enabler of digital payments in Pakistan. “Our platform provides the necessary infrastructure for fintech companies and service providers to reach a wider audience while maintaining the highest standards of security and operational efficiency,” he noted.
The integration also represents a critical milestone in Pakistan’s fintech ecosystem, reinforcing the synergy between non-banking financial innovators, payment networks, and commercial banks. As digital payments continue to gain traction, partnerships like this are instrumental in driving financial inclusion and simplifying everyday financial transactions for millions of Pakistanis.
With this development, QSPL users can expect smoother, faster, and more reliable bill payment experiences, while contributing to the government’s ongoing efforts to promote digital financial literacy and cashless transactions nationwide.
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