News And Events

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Monet receives funding by Bill & Malinda Gates Foundation for its Universal Payment Gateway & Mobile Point-of-Sale initiatives in Pakistan

August 20, 2015
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Monet (Private) Limited announced today that it is a Grand Challenges Explorations winner, an initiative funded by the Bill & Melinda Gates Foundation. The company is actively pursuing an innovative global financial and development research project to enable universal acceptance of mobile money payments.

Grand Challenges Explorations (GCE […]

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MCB launches mpos service with Monet, supported by UnionPay

June 11, 2015
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MCB Bank Ltd. has collaborated with UnionPay International to provide mobile point-of-sale (mPOS) service across Pakistan, with Monet as technology service provider. Representing MCB, Mr. Imran Maqbool, President, MCB was present at the signing ceremony held at MCB Tower in Karachi, along with Mr. Abbas Sikander […]

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HBL & Monet signs agreement with Daraz.pk to process card on delivery payments through mobile point-of-sale (mPOS)

HBL & Monet sign agreements with Daraz.pk to process card on delivery payments through mobile point-of-sale (mPOS)

February 13, 2015
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Habib Bank Limited (HBL), Pakistan’s largest bank, has enabled Daraz.pk, Pakistan’s largest online store to accept credit and debit cards while delivering goods to customers’ door steps. This has been achieved through Monet’s breakthrough Swipe2Pay mPOS (Mobile POS) service which has been recently launched […]

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Launch of first mPOS service in Pakistan

January 22, 2015
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HBL, Pakistan’s largest commercial bank, signed agreements with MasterCard and Monet for the rollout of the first Mobile Point-of-Sale (mPOS) service in the country.  The signing ceremony was held at HBL’s head office in Karachi between Mr. Faiq Sadiq (Head – Payment Services, HBL), Mr […]

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