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HBL enables e-Commerce Transactions for all PayPak Cards

05:43 PM | 5 May, 2021
HBL enables e-Commerce Transactions for all PayPak Cards

KARACHI – HBL becomes the first bank to enable PayPak e-Commerce acceptance on its Internet Payment Gateway (IPG). The gateway that currently services over 400+ e-Commerce merchants, will allow PayPak cardholders to securely perform transactions with e-Commerce merchants via HBL.

HBL and 1LINK take pride in expanding financial inclusion across the country and believe that such initiatives will prove to be a milestone for not just PayPak users, but also for the development of Pakistan’s digital payments and e-commerce landscape.

On the occasion, Mr. Najeeb Agrawalla, CEO 1LINK, commented: “HBL has always been at the forefront of digitization and we value our partnership with HBL. This enablement brings PayPak one step closer to ubiquitous acceptance across the digital payment channels, of which e-Commerce is the new normal in the wake of the pandemic. With 3D secure functionality, all 4 million plus PayPak cardholders will have the confidence to use HBL acquiring and adopt e-Commerce transactions. We congratulate HBL on becoming the first acquiring bank accepting PayPak e-commerce payments.”

Mr. Abrar Mir, Chief Innovation and Financial Inclusion Officer - HBL, said: “HBL is proud to become the first acquiring bank that will enable PayPak users to use an e-commerce platform. The Bank’s Internet Payment Gateway is now equipped to facilitate merchants who will accept transactions from PayPak card holders, thereby digitally empowering them to shop online.  HBL aims to be an organization that empowers its customers to have the ability to form eco-system partnerships and deliver scalable solutions in a secure and compliant manner.” 

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Pakistani rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 27 Feb 2024

Pakistani currency remains largely stable against US dollar in the open market on February 27, 2024 (Tuesday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.4 for buying and 282.3 for selling.

Euro currently stands at 303 for buying and 306 for selling while British Pound rate stands at 351.5 for buying, and 355 for selling.

UAE Dirham AED hovers at 76 whereas the Saudi Riyal saw slight increase, with new rates at 76.7.

Today’s currency exchange rates in Pakistan - 27 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.4 282.3
Euro EUR 303 306
UK Pound Sterling GBP 351.5 355
U.A.E Dirham AED 76 76.7
Saudi Riyal SAR 74.2 75
Australian Dollar AUD 181 183
Bahrain Dinar BHD 742.91 750.91
Canadian Dollar CAD 207 209
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.56 40.96
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 905.46 914.46
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.36
 
26.66
Omani Riyal OMR 725.54 733.54
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317 319.5
Thai Bhat THB 7.76 7.91

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