NayaPay (Private) Limited is an authorised and regulated Electronic Money gateway. It has got commercial approval from the State Bank of Pakistan to operate as an Electronic Money Institution (EMI) in the country.
It’s the ultimate digital wallet for your everyday needs. With NayaPay Pakistan you can send money to friends and family and that too without any service charges.
Once you make your account with NayaPay it lets you get a free Visa debit card and you can use it for doing online shopping, in-store shopping, and also for international payments.
On the other hand, NayaPay Arc provides digital payments and financial management tools to entrepreneurs.
Who Can Apply For NayaPay Wallet?
All Pakistani citizens over the age of 18 can sign up for the NayaPay Wallet to make digital payments.
How to Open NayaPay Wallet?
You just need to download the NayaPay App from the Google App store and install the application on your mobile phone. You can also get NayaPay from their official website.
After the successful installation, you need to Sign up for your wallet digitally and for this you need is your CNIC or NICOP.
After the verification of your information, your NayaPay account will be live within few minutes and you can use your NayPay Wallet.
How to get and use NayaPay Visa Card?
With the NayaPay Wallet, you will get the free Visa Virtual card which can be used for making local and international online payments such as Amazon, AliExpress, Facebook and Netflix.
You can order a free debit card from the NayaPay app, and have it delivered to your doorsteps. You can also use this debit card to withdraw cash at ATMs and pay in-store at over 46 million merchants across the globe.
What fees does NayaPay charge?
Money transfers between NayaPay users are free of cost whereas you need to pay a minimum fee where essential.
Your Visa debit card is also free, with no annual fee or SMS surcharge.
What to do if you lost Your NayaPay Visa Debit Card?
You don’t need to worry if you lose your card, you can easily free the card, change your PIN anytime through the NayaPay App.
You can also set the spending limits on the card.
NayaPay PayPak Debit Card
PayPak is Pakistan’s first domestic payment scheme launched by 1LINK. PayPak cards are widely accepted across Pakistan. You can also apply for the NayaPay PayPak debit card. Your NayaPay PayPak debit card can be used to transact at many retail locations and to withdraw cash at ATMs in the country.
Currently, you cannot do online shopping with PayPak debit cards for this purpose you need to use NayaPay Visa Virtual card.
How to send money to others with NayaPay?
You can send money to your friends and family with NayaPay and that’s too absolutely free.
In the App, select Send Money on the Home tab and choose NayaPay User.
You can select the recipient from the list of NayaPay contacts or search by NayaPay ID or mobile number if the receiver.
You will see the profile page of the user. Choose to Pay and enter the amount you would like to send.
Enter your MPIN to authenticate the transaction.
You Done! The amount will be sent immediately to the selected recipient.
You can also check the details of the transaction anytime on the Payments tab.
How to send money to other recipients?
You can also send money to others who are not NayaPay users through a bank transfer service. From the Send Money menu, choose Any Bank Account and insert the receiver bank account information and the amount to send.
For more information about NayaPay Pakistan visit the official website here.