Easypay, an online payment solution provider in Pakistan, has partnered with MCB Bank offers credit and debit card processing to e-commerce merchants with the help of MasterCard Payment Gateway Services.
The addition of MasterCard’s payment gateway as payment method by Easypay will enable online merchants to serve overseas audiences by processing Visa and MasterCard transactions online.
MasterCard Payment Gateway Services is the third payment method that Easypay has added, after payments through Easypaisa Mobile Accounts and token payments at any Easypaisa shop.
The new platform will enable Easypay to manage all online, multi-branded, credit and debit card transactions on behalf of its clients.
Easypay said that consumers with a credit or debit card, or any of the nine million Easypaisa Mobile Account holders, can purchase directly from partner e-commerce merchants powered by it.
Even clients, who do not have a credit, debit card, or Easypaisa Mobile Account, can also make online purchases by generating an Easypay token that can be paid at any of the 70,000 Easypaisa shops across the country, the company added.
MCB Bank president Imran Maqbool said: "The collaboration between MCB Bank and Easypaisa is a great achievement. The digital payment industry is gearing up and arrangements like Payment Facilitator (PF) will go a long way towards revolutionizing & redefining not only the industry landscape but the entire payment ecosystem."