Pakistan
Pakistan
Population
Online population
BC2 e-commerce
Comparison Table of Most Popular Payment Gateways
Let's compare each payment gateway Pakistan in the table below:
| Peyments gateway | Rate | Fee | Country | Currency | Website |
|---|---|---|---|---|---|
 Paykassma | 1000$ | Pakistan | USD | Open |
Factors to Consider When Selecting a Payment Gateway For Your Business
For an online business, especially those needing to accept international transactions, the choice of the best gateway is very important. Here are key factors to consider the best system.
- Security and data protection. The gateway should support the latest in terms of security, including compliance with Payment Card Industry Data Security Standard.
- Transaction fees. Compare rates of different companies to ensure cost-effectiveness and good-quality services.
- Integration capability. The international payment gateway in Pakistan should integrate well with e-commerce platforms such as WooCommerce, Shopify, or even a custom-built platform.
- Supported methods. A good online gateway should have an ecosystem of support for a variety of options—be it through credit or debit cards, mobile wallets, or even bank transfers.
- Multi-currency support. Such a gateway for businesses targeting foreign markets should at least support multi-currency transactions to get money through the conversion hassles.
- Customer support and dispute resolution. A responsive, 24/7 customer support system will help resolve any type of dispute or other issues regarding a transaction.
- Mobile optimization. A mobile version of a gateway will ensure seamless transactions across devices.
Those are the things to keep in mind when figuring out a gateway that will work best for you and your customers.
Top Payment Gateways
This chapter will review some of the top options available, examining each gateway's feature set, as well as its pros and cons.
Paykassma
Paykassma
HBLPay Checkout
HBLPay Checkout, powered by Habib Bank Limited (HBL), is one of the most popular international payment gateways in Pakistan designed for e-commerce. It houses multiple local and global modes, making it highly suitable for local and cross-border transactions. Given its robust security standards, HBLPayCheckout remains in high demand for handling online transactions for many businesses.
| Characteristic | Value |
|---|---|
| Setup fee | PKR 50,000 |
| Requirements | Business registration and bank account with HBL |
| Accepted methods | VISA, MasterCard, Union Pay International, PayPak debit/credit cards, E-wallets, Card-less transactions |
| Available countries | Pakistan |
| Supported currencies | PKR, USD, CAD, GBP, AED, EUR |
| Setup feePKR 50,000 | |
| RequirementsBusiness registration and bank account with HBL | |
| Accepted methodsVISA, MasterCard, Union Pay International, PayPak debit/credit cards, E-wallets, Card-less transactions | |
| Available countriesPakistan | |
| Supported currenciesPKR, USD, CAD, GBP, AED, EUR |
Pros
- International transaction support is great
- Advanced reporting and analytics tools
- Seamless integrations with major e-commerce platforms
Cons
- More expensive to set up, especially for smaller businesses
- Less support for digital wallets
NayaPay Arc
NayaPay Arc is one of the fastest-growing platforms and is considered the best international payment gateway in Pakistan. It offers online operations for freelancers, small businesses, and e-commerce. It focuses on simplifying financial transactions and ensuring top-notch security and compliance.
| Characteristic | Value |
|---|---|
| Setup fee | None |
| Requirements | CNIC and business/freelance registration |
| Accepted methods | Visa, Mastercard, PayPak, UnionPay, e-wallets, bank transfer, NayaPay |
| Available countries | Pakistan |
| Supported currencies | PKR |
| Setup feeNone | |
| RequirementsCNIC and business/freelance registration | |
| Accepted methodsVisa, Mastercard, PayPak, UnionPay, e-wallets, bank transfer, NayaPay | |
| Available countriesPakistan | |
| Supported currenciesPKR |
Pros
- Very friendly to international transactions
- Special care for freelancers and SMEs
- Smooth onboarding and seamless integration with websites and apps
Cons
- Poor support for specific local methods
- Still relatively new into the market, that may raise some kind of issue with trust
United Bank Limited, UBL
United Bank Limited is a strong online payment gateway in Pakistan for large and small businesses. Due to ample banking experience and better infrastructural support, UBL is capable of local and international transactions, which makes it a demand for many online retailers and e-commerce websites.
| Characteristic | Value |
|---|---|
| Setup fee | PKR 40,000 |
| Requirements | Business registration and bank account with UBL |
| Accepted methods | Visa, MasterCard |
| Available countries | Pakistan |
| Supported currencies | PKR, USD, GBP, EUR, AED, SAR |
| Setup feePKR 40,000 | |
| RequirementsBusiness registration and bank account with UBL | |
| Accepted methodsVisa, MasterCard | |
| Available countriesPakistan | |
| Supported currenciesPKR, USD, GBP, EUR, AED, SAR |
Pros
- Strong brand and is generally very reliable
- Supports any forms of paying, both national and international
- Very good customer support and dispute resolution
Cons
- Generally higher transaction fees than purely digital gateways
- Longer onboarding time for newer businesses
XPay Payment Solution
XPay is an integrated gateway for businesses seeking security and efficiency. It allows both 2D and local options, making it ideal for businesses offering multiple online transaction services. XPay strives to provide fast, reliable, secure services in the broadest industries.
| Characteristic | Value |
|---|---|
| Setup fee | None |
| Requirements | Business registration, CNIC, and bank account details |
| Accepted methods | 2D payments, credit/debit cards, bank transfers, e-wallets, BNPL |
| Available countries | Pakistan |
| Supported currencies | PKR, USD |
| Setup feeNone | |
| RequirementsBusiness registration, CNIC, and bank account details | |
| Accepted methods2D payments, credit/debit cards, bank transfers, e-wallets, BNPL | |
| Available countriesPakistan | |
| Supported currenciesPKR, USD |
Pros
- The transaction processing and reporting are fast
- It is highly secure because it is compliant with PCI-DSS
- It offers 2D and multi-currency options
Cons
- It has limited awareness and market penetration compared to other big players
- Mainly centers its transactions around card usage, limiting other forms of available methods
FonePay
FonePay is a popular digital solution. It offers users speedy, secure, and convenient services. It enables customers and retailers to facilitate transactions easily through QR codes, mobile numbers, or bank accounts.
| Characteristic | Value |
|---|---|
| Setup fee | None |
| Requirements | CNIC and mobile registration |
| Accepted methods | QR codes, digital wallets, bank transfers, credit/debit cards |
| Available countries | Pakistan |
| Supported currencies | PKR |
| Setup feeNone | |
| RequirementsCNIC and mobile registration | |
| Accepted methodsQR codes, digital wallets, bank transfers, credit/debit cards | |
| Available countriesPakistan | |
| Supported currenciesPKR |
Pros
- This payment gateway for Pakistan supports almost all methods, including QR code-based
- Integration with most e-commerce sites is easy
- Security and compliance are superb
Cons
- Limited international transaction support
- Transaction fees can be higher for certain services
Keenu Wallet
Keenu Wallet is a processing facility that delivers a secure, convenient, and real-time gateway payment to consumers and businesses. It is committed to encouraging a cashless culture. It offers users multiple paying ways, making Keenu Wallet one of the most versatile options for e-commerce websites and general usage.
| Characteristic | Value |
|---|---|
| Setup fee | None |
| Requirements | CNIC and mobile registration |
| Accepted methods | Digital wallet, QR codes, POS, Visa, MasterCard |
| Available countries | Pakistan |
| Supported currencies | PKR |
| Setup feeNone | |
| RequirementsCNIC and mobile registration | |
| Accepted methodsDigital wallet, QR codes, POS, Visa, MasterCard | |
| Available countriesPakistan | |
| Supported currenciesPKR |
Pros
- Multi-channel modes: POS, digital wallet, and QR code
- Strong security measures to prevent leakage of transactions.
- Integration of online-offline payment systems
Cons
- Partial international transaction support capability.
- It may provide slower onboarding of the business
Paykassma
Paykassma is a global payment aggregator facilitating seamless online transactions for businesses and consumers in Pakistan.
| Characteristic | Value |
|---|---|
| Setup Fee | None |
| Requirements | Registered business and KYC documentation |
| Accepted Methods | Visa, MasterCard, bank transfers, EasyPaisa, JazzCash |
| Available Countries | Multiple countries, including Pakistan |
| Supported Currencies | PKR, USD, EUR, GBP, AUD, BDT, BRL, INR, IDR, MYR, MXN, NPR, PHP, PLN, LKR, THB, VND |
| Setup FeeNone | |
| RequirementsRegistered business and KYC documentation | |
| Accepted MethodsVisa, MasterCard, bank transfers, EasyPaisa, JazzCash | |
| Available CountriesMultiple countries, including Pakistan | |
| Supported CurrenciesPKR, USD, EUR, GBP, AUD, BDT, BRL, INR, IDR, MYR, MXN, NPR, PHP, PLN, LKR, THB, VND |
Pros
- Compatible with numerous currencies, facilitating international transactions
- Does not impose rolling reserves or chargebacks, allowing immediate access to all funds
- Offers an intuitive platform for managing payments
Cons
- Certain transactions may incur higher fees, particularly for currency conversion and withdrawals
- Fees can vary depending on the type of transaction or currency conversion
FAQ
Which is the best payment gateway?
For businesses focusing on local transactions, JazzCash and EasyPaisa offer comprehensive solutions. Bank Alfalah, HBLPay Checkout, and NayaPay Arc are the best payment gateways in Pakistan for international transactions due to their multi-currency support and global reach.
What is the most used payment method?
The most used online payment gateways in Pakistan include digital wallets (e.g., EasyPaisa, JazzCash), credit/debit cards, and bank transfers. QR code payments are also gaining popularity, especially for retail transactions.
Is Razorpay available?
No, Razorpay is not currently available in this country. However, there are several local payment gateways Pakistan, such HBLPay Checkout, NayaPay Arc, and Bank Alfalah, which offer similar services for handling both local and international operations.
