BOP Introduces Pioneering ‘Buy Now Pay Later’ and ‘Pay by Link’ Solutions in its Merchant Acquiring Venture

BOP has launched a groundbreaking venture in merchant services, introducing the industry’s first ‘Buy Now Pay Later’ and ‘Pay by Link’ solutions. This move reaffirms BOP’s dedication to enhancing its digital retail offerings and advancing the nation’s digital ecosystem.

Collaborating with PayNet Private Limited, a subsidiary of Omega IT Solutions UAE, BOP aims to provide cutting-edge Point of Sale (POS) payment solutions and online payment gateway services.

In this strategic partnership, BOP will act as a crucial link between merchants, issuers, and payment networks, offering state-of-the-art POS machines to facilitate cashless transactions at retail counters. The introduction of POS machines supports the acceptance of various card types, promoting digital payment adoption among retailers. 

With plans to extend this service through additional Independent Sales Organizations (ISOs) for comprehensive coverage nationwide, BOP is making strides toward a digitally advanced and financially inclusive landscape in Pakistan.

At a ceremony held in Lahore, attended by key dignitaries including Mr. Zafar Masud, President & CEO of BOP, the bank celebrated this significant milestone, highlighting its commitment to delivering innovative and industry-leading payment solutions to customers across the country. 

This initiative signifies a leap forward for BOP as it continues to modernize retail services and contribute to economic documentation within Pakistan.