As a result, enterprises can now serve Pakistan-based merchants conducting e-commerce transactions using UBL as the local acquiring bank. The volume of overall e-banking transactions in the country has increased in 2012 to reach more than USD 7 million, according to the latest figures from Pakistans Central Bank.
The Etisalat Payment Gateway (EPG) service is a proprietary payment platform that enables authorization of payment transactions from Visa, MasterCard, Diners Club and American Express. This service offers a payment mechanism for organizations keen to develop e-commerce platforms. It enables seamless transaction flow between customers, online businesses, the bank and credit card networks.
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