Complete list of e-commerce payment solutions in Pakistan

Overview of mainstream payment methods

1. Bank card payments

• Visa/Mastercard: Widespread acceptance but limited penetration (~5% population has credit cards)
• local debit card: Debit cards issued by banks such as UBL Omni, HBL Konnect, etc.
• prepaid card: Specialised prepaid solutions for e-commerce offered by selected banks

2. Mobile wallets and digital payments

• JazzCash (operated by Jazz Telecom): more than 10 million users, supporting bill payments, money transfers and e-commerce transactions
• EasyPaisa (owned by Telenor): Pakistan's first mobile wallet service with wide coverage
• UPaisa (Launched by UBL Bank): Hybrid solution combining banking and mobile payments

3. Bank transfers/direct debits

• IBFT (Instant Bank-to-Bank Funds Transfer) system: real-time completion of interbank transfers
• ATM/Internet Banking Direct Debit Option

4. BNPL (buy now pay later) service

Complete list of e-commerce payment solutions in Pakistan (cont'd)

4. BNPL (buy now pay later) service

• QisstPay: Pakistan's leading BNPL platform supporting 3-12 month instalments
• CreditBook: Credit payment solutions for small and medium-sized merchants
• Instalment plans offered by banks: Interest-free instalment options from banks such as HBL, MCB, etc.

5. Cash disbursement programmes

• Cash on Delivery (COD)::
  • Still accounts for more than 60% of e-commerce transactions
  • Logistics partners: TCS, Leopards, Trax, etc. provide nationwide coverage of COD services
• OTC payment outlets::
  • Easypaisa/JazzCash Agent Point Cash Recharge
  • Over-the-counter deposit services of banks such as UBL Omni/Askari Bank

6. International Payment Gateways (International Receipts)

• PayPal alternative::
  • Payoneer (to be used in conjunction with local bank withdrawals)
  • Stripe access through partners (limited support)
  • Checkout.com lands business in Pak