NayaPay

NayaPay is a Pakistani electronic money institution, operating as NayaPay (Private) Limited and authorised by the State Bank of Pakistan. NayaPay Business is its offer for companies and combines a payment account with cards and collection tools.

Services The business product includes a payment account, virtual and physical corporate Visa cards, invoice links, payment links, bill payments and spend management. Cards give a company a way to issue spending instruments to staff and track expenses by team or purpose, and invoice links let it request payment without a separate billing system.

Receiving funds Incoming funds can arrive by bank transfer and by Raast QR, Pakistan's instant payment scheme. International receipts pass through a network of remittance partners, which matters for exporters, freelancers' agencies and firms with overseas clients.

Regulation The institution is authorised as an electronic money institution by the State Bank of Pakistan. Its services follow the e-money model, so balances are not bank deposits in the ordinary sense.

Who it suits The account suits Pakistani small businesses, start-ups and digital service companies that want an app-led account with cards and quick collection by link or QR. Pricing, limits and onboarding documents are not stated here and need to be requested from the company.