Karachi, Pakistan – Paysys Labs, a leading provider of digital payment solutions, has announced the acquisition of 100% of Tapsys Services Private Limited. This strategic move solidifies Paysys Labs’ position as a leading service provider of digital payment solutions on a SaaS (Software as a Service) model, marking a significant milestone in Paysys Labs’ commitment to expanding its product offerings and market presence.
Tapsys Services Private Limited currently provides services to merchants, enabling them with Card Present (proximity) and Card Not Present (CNP) acquiring. The company has shown impressive growth in the last two years, capturing a sizable market share. It caters to large, medium, and small enterprises, providing innovative electronic payment solutions and Point-of-Sale terminal technology such as POS, Mobile POS, and SmartPOS solutions that are easy to use, eco-friendly, and customizable.
“We are excited to announce the acquisition of 100% of Tapsys Services Private Limited,” said Karim Jindani, CEO of Paysys Labs. “As Pakistan looks forward to the next step in enabling Instant Payments on Person to Merchant (P2M) segment, Paysys Labs is fully committed to bringing the services utilizing its Software solutions and SaaS expertise to the market. Our vision is to offer an omni-channel Acquiring solution that will be provided through a single service provider, Tapsys.”
The acquisition of 100% of Tapsys Services Private Limited marks a significant milestone in Paysys Labs’ journey, which started in 2017 as a small company and, through its commitment to innovation and excellence in the fintech industry, is now surpassing traditional players.
For more information about Paysys Labs and its acquisition of Tapsys Services Private Limited, please visit the company’s website at www.paysyslabs.com.
About Paysys Labs:
Paysys Labs is a leading provider of digital payment solutions software, both on-premises and as a SaaS service. It also has an advisory portfolio, helping Central Banks, Payment system operators, Banks, and Fintechs and is dedicated to driving innovation and excellence in the DFS industry. With a focus on customer-centric solutions and cutting-edge technologies, Paysys Labs is committed to shaping the future of digital payments.
About Tapsys Services Private Limited:
Tapsys Services Private Limited is a growing Independent Service Organization (ISO), offering a wide range of innovative and reliable electronic payment acceptance solutions for businesses of all sizes.
Press Contact:
Zubair Ahmed
Business Development Executive
Paysys Labs
+92-333-1234567
