Karandaaz, Tapsys Partner to Drive Digital Payments for 10,000 Merchants
Karandaaz Pakistan has formalised a partnership with Tapsys under its Raast Merchant Onboarding & Facilitating Entities (RMOFE) programme to support digital payment adoption among up to 10,000 micro and small merchants across Pakistan. The partnership will focus on merchant onboarding, activation, and the use of smart soundbox technology to provide real-time audio transaction confirmation in local languages.
The initiative is designed to address practical barriers that continue to limit digital payment usage at the grassroots level, including limited familiarity with digital tools and the need for instant, reliable payment confirmation in busy retail environments. Through this collaboration, Karandaaz and Tapsys aim to support the shift from digital payment infrastructure to active merchant-level usage, particularly in underserved markets.
Tapsys, a digital payments enablement company with an operational presence across 85 cities, specialises in expanding merchant acceptance in Tier 2 and Tier 3 markets. Under the partnership, the company will deploy its on-ground expertise and PayApp platform to support Raast-enabled merchant payments.
Commenting on the partnership, Waqas ul Hasan, Chief Executive Officer of Karandaaz Pakistan, said:
“Micro and small merchants are central to Pakistan’s transition towards a more inclusive digital economy. Through the RMOFE programme, Karandaaz is focused on supporting practical, market-facing solutions that move digital payments beyond infrastructure and into everyday business use. Our partnership with Tapsys is aligned with the national vision for a Cashless Pakistan and aims to address the trust and usability barriers that limit adoption at the merchant level. By enabling locally relevant tools such as real-time payment confirmation, we hope to support wider acceptance of digital financial services in underserved markets where the need and potential impact are significant.”
Highlighting the importance of simple and locally relevant payment tools for small merchants, Karim Jindani, Chief Executive Officer of Tapsys, said:
“Our mission is to simplify digital payments for the segments that have traditionally been left behind. By integrating Raast payments with smart soundbox technology, we are giving micro-merchants the confidence to transition away from cash. This partnership with Karandaaz allows us to scale our PayApp platform and on-ground expertise, ensuring that digital financial empowerment is not restricted to major urban centres but becomes a nationwide reality.” The partnership reinforces Karandaaz’s focus on supporting innovations that respond to real-world adoption challenges and contribute to more inclusive digital financial growth across Pakistan.