Pakistan’s First Domestic Payment Scheme - Paypak - Umer Ansari and Shaista Abdullah - #TPE 327

The Pakistan Experience

A special podcast on Pakistan’s first Domestic Payment Scheme, Paypak. On this episode we discuss, Payment Gateways, Transaction Charges, Banks, Financial Inclusion, Digital Payments, State Bank, Buying Pakistani and more. Mr. Umer Ansari is the Head of Business Development at 1LINK (Pvt.) Ltd. He is a seasoned banker having spent almost two decades in the sector. He has held several management positions in major national and international banks – Bank AL Habib Limited, United Bank Limited, Union Bank and Citibank, in disciplines of sales, marketing, product and retail. He holds an MBA from Pakistan Institute of Management. Ms. Shaista Abdullah is a senior experienced professional with expertise across multidisciplinary skills like, Digital Transformation, Digital Strategy, Customer Experience and Loyalty, Business Process Reengineering, Customer Value Management, Customer Retentions and Loyalty and Omni Channel Strategy development & execution. International Consulting experience & industry expertise in Telecommunications, Banking & Fintech. Worked with Deloitte Consulting, Vodacom South Africa (Vodafone group), Telkom South Africa, PTCL Pakistan & Khushhali Microfinance Bank as Chief Digital Officer & led the Digi-Agri finance transformation Program in partnership with IFC. Worked with Munsalik Digital (Fintech start up in the NBMFC sector) as Head of Strategy & Communications. Currently serving as Head of Digital Payment Products and PMO at 1LINK. The Pakistan Experience is an independently produced podcast looking to tell stories about Pakistan through conversations. Please consider supporting us on Patreon: https://www.patreon.com/thepakistanexperience To support the channel: Jazzcash/Easypaisa - 0325 -2982912 Patreon.com/thepakistanexperience And Please stay in touch: https://twitter.com/ThePakistanExp1 https://www.facebook.com/thepakistanexperience https://instagram.com/thepakistanexpeperience The podcast is hosted by comedian and writer, Shehzad Ghias Shaikh. Shehzad is a Fulbright scholar with a Masters in Theatre from Brooklyn College. He is also one of the foremost Stand-up comedians in Pakistan and frequently writes for numerous publications. Instagram.com/shehzadghiasshaikh Facebook.com/Shehzadghias/ Twitter.com/shehzad89 Chapters 0:00 Introduction 2:20 Why Paypak 5:30 Transaction charges on digital payments 10:46 Paypak cards in the market 16:30 Need for a Domestic Payment Scheme 20:20 Why opt for Paypak 25:10 The financial model of Paypak and the 1Link process 33:30 Data protection, State Bank and Policy 41:45 Financial Inclusion for the Unbanked 47:30 True Pakistani