Sign up for The Paypers newsletter Follow The Paypers on LinkedIn Follow The Paypers on Twitter Follow The Paypers on Facebook
The Paypers, paypers, Insight in payments, News, Reports, Events
 advertisement
E-invoicing, SCF & E-procurement

Haball, 1Link and Meezan Bank partner for B2B payments in Pakistan

Tuesday 9 October 2018 | 10:16 AM CET

Fintech company Haball has signed an agreement with electronic trading platform 1Link and Meezan Bank to introduce a solution for digital payments in the Pakistani B2B space.

This arrangement will allow businesses to make inter-entity digital payments, that fulfil their existing bookkeeping, reconciliation and reporting processes using Haball’s “context driven” solution.

While Haball’s role will be of an aggregator, Meezan Bank will perform the settlement function. 1Link’s infrastructure will ensure processing of the transactions.

Fatima Group is the first business conglomerate in Pakistan to adopt Haball’s B2B payment automation solution. Fatima Group will use order-to-cash and subsequently procure-to-pay cycles with “full integration” to its existing ERP systems.

More: Link
 advertisement
 advertisement
 advertisement
 advertisement