NayaPay is an applicant for an Electronic Money Institution (EMI) license, NayaPay aims to build a payment services platform that enables merchants and consumers to register, transact and communicate.
Experience hassle-free payments with NayaPay App and Visa Debit Card. Make secure transactions locally and globally with just a few clicks.
4 Esay Steps to Create account on NayaPay
- Download the Naya Bay app from the App Store or Google Play Store.
- Register for your online account in just a few steps. All you need is your CNIC or NICOP number.
- NayaPay team will verify your details. Your online account is ready to use in a few minutes.
- You can increase your spending limits with bio verification.
NayaPay Physical Visa Debit Card Details
- Your Physical Visa Debit Card can be used for all domestic and international electronic transactions that Visa accepts.
- Your Visa Debit Card is accepted at over 46 million retail and online merchant locations worldwide.
Visa Virtual debit card
A virtual card is similar to a physical debit card except that it resides entirely on your smartphone. You will receive your virtual card on the NayaPay app once you create your wallet. You can use your virtual card for electronic transactions, be it a one-time purchase on an e-commerce site or an ongoing subscription. You can fully control the card through the app, including setting spending limits, blocking the card, and enabling and disabling international payments.
NayaPay for every 18 years or older Pakistani
Any Pakistani citizen of 18 years or older can open a Naya Pay account and use it to make payments, send and receive money, share bills, and more. Naya Pay comes with a free virtual Visa card that can be used to make electronic payments locally and internationally. You can also request a free physical Visa Debit Card from the app, pick it up at your home and use it to withdraw cash from ATMs and pay in stores at more than 46 million merchants worldwide.
Read More: 10 Best online Payment Methods in Pakistan 2023
What is NayaPay used for?
Pay your mobile phone, utilities, clubs, schools, internet, travel, and other daily bills using the money in your Naya Pay account or the bank account linked to it.
Is NayaPay a bank account?
A Naya Pay account is not a bank or deposit account. By accepting these Terms and Conditions, you agree and acknowledge that the Banking Companies Regulation 1962 does not apply to your Naya Pay account.
Is my information safe on NayaPay?
Yes, NayaPay store your personal information on our own servers and third party servers connected to us in secure data centers which are not accessible to the public. These servers are protected by firewalls with restricted access that comply with applicable security standards and regulations, including PCI-DSS and ISO 27001 International Information Security Management System.
Which bank is behind NayaPay?
Punjab Bank has teamed up with Naya Pay as one of its partner banks. The two institutions signed an agreement at Punjab Bank’s headquarters in Lahore. Naya Pay became an affiliate member of 1LINK’s PayPak with Mizan Bank as settlement bank.
Can I use NayaPay in ATM?
NayaPay Provides Visa Debit Card. Everywhere Visa is accepted! The Visa Debit Card can be used at more than 46 million retail locations and online outlets worldwide, as well as to withdraw cash from ATMs.
How much does NayaPay cost?
Money transfer between Naya Pay users will always be free. Your Visa Debit Card is also free and does not include any annual fees or additional SMS charges.
Does NayaPay charge for international shopping?
The minimum fee of USD 0.25 (25 cents) plus government taxes will be applied to all international card transactions starting March 6, 2023, including in-store, ATM, online and foreign rupee transactions. These charges are applied by Visa Company, not by NayaPay.
Are there any account limits?
As per the instructions of the State Bank of Pakistan, your e-wallet will initially have a monthly load limit of Rs 50,000. You can increase this limit to Rs 200,000 by presenting biometric verification at any Bank Meezan ATM across the country. No card is required to be inserted into an ATM. Simply select “Bio Verification Services” → “Nayapai” → “Bio Verification” on your Meezan Bank ATM and follow the instructions to complete the bio verification.
