Payment companies help individuals and businesses move money across borders. Get into the details of six payment companies in South Asia and what they offer
Key takeaways
- Payment companies in Pakistan and Bangladesh cover mobile wallets, EMIs, mobile financial services and payment gateways
- Freelancers and cross-border businesses may need international payment tools alongside domestic payment services
- The World Account is a multi-currency account that supports receiving, holding, converting and sending funds internationally
Payment needs can vary by user and use case. A consumer may need a mobile wallet for everyday transfers, while a merchant may need QR acceptance or an online payment gateway. Freelancers and international businesses may also require business accounts designed specifically for receiving and sending international payments.
This guide covers six payment companies serving users and businesses in Pakistan and Bangladesh, followed by a look at the World Account, a multi-currency account for businesses.
Top payment companies in South Asia
| Feature | JazzCash1 | Easypaisa4 | NayaPay7 | SadaPay9 | Elevate Pay11,12 | aamarPay14 |
| Provider type | Digital wallet | Financial service | Digital wallet | Digital wallet | USD accounts | Payment gateway |
| Holding foreign currency balances | No | No | No | No | USD | No |
| Multi-currency account | No | No | No | No | No | No |
| Receiving international payments | Yes | Yes | Yes | Yes | Yes | Yes |
| Business payments | Yes | Yes | Yes | Yes | Yes | Yes |
| API/integrations | Not specified | Not specified | Not specified | Not specified | Not specified | API, CMS |
| Local payment methods | QR, Raast | Merchant payments | Raast QR | Bank transfers | Local bank/wallet transfers | Cards, MFS |
1. JazzCash
JazzCash is a Pakistani mobile financial service with personal and business accounts.1 Its business offering includes QR and Raast payments, payment gateway acceptance, Tap on Phone, supplier payments and salary disbursements.1 Also, its agent network supports cash-based transactions.1,2
| Fee type | JazzCash fees3 |
| Monthly fee | Zero |
| Opening virtual local currency accounts | Not supported |
| Receiving payments | From 0.25% |
| Holding funds in multiple currencies | Not supported |
| Sending payments to other JazzCash users | Not specified |
| Sending payments | Not specified |
| Paying 1688.com suppliers | Not supported |
| Card | From PKR 999 |
*Fees checked in September 2026
2. Easypaisa
Easypaisa provides personal and business financial services in Pakistan, including corporate accounts, Visa debit cards and merchant payment solutions.4,5 Businesses can use it for cash collections, salary payments and bulk disbursements.4,5 It also offers an online payment gateway for accepting customer payments.5
| Fee type | Easypaisa fees6 |
| Monthly fee | Not specified |
| Opening virtual local currency accounts | Not supported |
| Receiving payments | Zero |
| Holding funds in multiple currencies | Not supported |
| Sending payments to other Easypaisa users | Zero |
| Sending payments | From PKR 55 |
| Paying 1688.com suppliers | Not supported |
| Card | From PKR 500 |
*Fees checked in September 2026
3. NayaPay
NayaPay is a digital wallet provider offering business accounts with payment approvals, invoices, payment links, bank transfers, and Raast QR.7 Its business service also supports receiving international client payments through more than 70 global remittance partners and virtual Visa cards.7
| Fee type | NayaPay fees8 |
| Monthly fee | Zero |
| Opening virtual local currency accounts | Not supported |
| Receiving payments | From PKR 1.8 |
| Holding funds in multiple currencies | Not supported |
| Sending payments to other NayaPay users | Zero |
| Sending payments | 0.1% |
| Paying 1688.com suppliers | Not supported |
| Card | PKR 600 |
*Fees checked in September 2026
4. SadaPay
SadaPay is an international payments provider that offers digital payment services in Pakistan.9 Users can make local bank transfers, receive remittances and use Mastercard for payments.9 But any international transfers made via SadaPay incur a 6% transaction fee.9,10
| Fee type | SadaPay fees10 |
| Monthly fee | Zero |
| Opening virtual local currency accounts | Not specified |
| Receiving payments | Zero for local inbound bank transfers |
| Holding funds in multiple currencies | Not supported |
| Sending payments to other SadaPay users | Not specified |
| Sending payments | Zero for local outbound bank transfers |
| Paying 1688.com suppliers | Not supported |
| Card | PKR 1,724 |
*Fees checked in September 2026
→ Take a look at the in-depth SadaPay review and the top SadaPay alternatives
5. Elevate Pay
Elevate Pay provides USD accounts for freelancers and remote workers in Pakistan and Bangladesh.11,12 Users can receive USD payments and transfer funds to supported local destinations, including Pakistani banks and wallets and Bangladeshi bank accounts.11,12
| Fee type | Elevate Pay fees13 |
| Monthly fee | Zero |
| Opening virtual local currency accounts | Zero |
| Receiving payments | Zero for inbound ACH, US$12.50 for Wire |
| Holding funds in multiple currencies | Not specified |
| Sending payments to other Elevate Pay users | Not specified |
| Sending payments | From US$1 for ACH |
| Paying 1688.com suppliers | Not supported |
| Card | Not supported |
*Fees checked in September 2026
→ Go through the full Elevate Pay review and Elevate Pay alternatives to know more
6. aamarPay
aamarPay is a Bangladeshi online payment gateway supporting cards, mobile financial services and other local payment methods.14 Its supported payment methods include Visa, Mastercard, UnionPay, bKash, Rocket and Nagad, alongside API and CMS integrations for businesses.14
| Fee type | aamarPay fees15 |
| Monthly fee | Zero |
| Opening virtual local currency accounts | Not supported |
| Receiving payments | Not specified |
| Holding funds in multiple currencies | Not supported |
| Sending payments to other aamarPay users | Not specified |
| Sending payments | Not specified |
| Paying 1688.com suppliers | Not supported |
| Card | Not supported |
*Fees checked in September 2026
The World Account: For international business payments
The World Account by WorldFirst is a multi-currency account designed for businesses receiving, holding, converting and sending international funds from one account. Businesses can receive international funds using local account details in 15+ currencies and collect payments from 130+ marketplaces and payment gateways.
The World Card is a Mastercard-powered virtual card for businesses linked to the World Account. It supports payments in 150+ currencies, with no fees when paying in 15 supported currencies where sufficient matching currency balance is available.
Key features of the World Account
- Supports international payments 200+ countries and regions
- Local account details in 15+ currencies including USD, EUR, GBP, CAD, AUD, and more
- Collect international payments from 130+ marketplaces including Amazon, Etsy and more
- Up to 20 multi-currency cards can be issued at zero issuance cost
- Make payments to Chinese suppliers on 1688 using World Pay, the authorised international payment provider for 1688.com
- Xero and NetSuite integrations are also available for reconciliation
| Fee type | World Account fees |
| Monthly fee | Zero |
| Opening virtual local currency accounts | Zero |
| Receiving payments | Zero |
| Holding funds in multiple currencies | Zero |
| Sending payments to other World Account users | Zero |
| Sending payments | Standard payment fee of 1.5% in Pakistan and Bangladesh |
| Paying 1688.com suppliers | Up to 0.8% currency conversion fee |
| Card | Zero |
*Fees checked in September 2026
FAQs
1. What is a payment company?
A payment company provides tools for sending, receiving, converting or accepting money, from mobile wallets and payment gateways to remittance services and foreign currency accounts.
2. What to look for in a payment company
Check the product type, regulatory status, payment acceptance, cash access, fees, transaction limits, business features, card options, international functionality and eligibility requirements before choosing a provider.
3. Can payment companies be used for international transactions?
Some providers support international payments, but some also focus only on domestic transactions. Bangladesh Bank does not permit cross-border transfers through MFS, though inward remittances can be disbursed locally through banking channels
Sources
- https://www.jazzcash.com.pk/business
- https://www.jazzcash.com.pk/business/accept-payments/qr-raast-payments
- https://www.jazzcash.com.pk/assets/documents/SOC-Q3-2026-Final.pdf
- https://easypaisa.com.pk/business-homepage/
- https://easypaisa.com.pk/business-solutions/
- https://easypaisa.com.pk/public-information/Schedule-of-Bank-Charges/Schedule-of-Bank-Charges-Branchless-Banking-English.pdf
- https://www.nayapay.com/business
- https://www.nayapay.com/soc
- https://sadapay.pk
- https://sadapay.pk/soc
- https://www.elevatepay.co/bkash
- https://www.elevatepay.co/pakistan
- https://help.elevatepay.co/hc/en-us/articles/18040869186833-How-does-Elevate-Pay-s-pricing-work
- https://www.aamarpay.com
- https://www.aamarpay.com/index.php/pricing
This article is intended for informational purposes only and does not constitute legal advice or professional advice. This article should not be regarded as constituting an offer or a solicitation to buy or sell any regulated or financial products or services. WorldFirst makes no representations or warranties regarding the accuracy, completeness, or applicability of the content, and readers are encouraged to consult with legal professionals or other professionals for advice tailored to their specific situation. WorldFirst does not guarantee the accuracy and completeness of this article and expressly disclaims any and all liability to any person in respect of the consequences of anything done or omitted to be done wholly or partly in reliance on this article.
