Bank Alfalah Launches Alfa Business Merchant Payment Solutions To Drive Cashless Economy
Bank Alfalah introduces Alfa Business – Merchants Payment Solutions to digitise transactions for merchants across Pakistan, offering QR payments, digital khatas, instant financing, and on-the-spot account services.
Breaking Barriers: Why Pakistan’s SMEs Struggle Despite Driving the Economy
Pakistan’s SMEs contribute nearly 40% to GDP and employ the majority of the non-agricultural workforce, yet remain stuck due to poor access to credit and weak legal enforcement. Outdated collateral-driven lending and slow recovery frameworks are holding back growth, highlighting the urgent need for financing reforms and targeted legal changes.