K-Electric (KE), the only vertically integrated power utility in Pakistan, has joined forces with Avanza Solutions, one of the world’s leading Fintech firms, to introduce the Real Time Payment System (RTPS).
The Real Time Payment System (RTPS) is based on the e-BPS of Avanza, a bill payment platform operated by Rendezvous, an enterprise middleware that allows organizations to deliver services via the distribution channel. The implementation of e-BPS automates all details of bill payment gateway operations and ensures that transactions are carried out uniformly, safely and efficiently from all sources.
Muhammad Aamir Ghaziani, KE Chief Financial Officer, Amer Zia, Chief Distribution Officer, KE, Mahmood Kapurwala, Chief Executive Officer, Avanza Group, Jalil Ahmed Farooqui, Head of Business Development (Asia Pacific), Avanza Solutions and Fawad Zia Siddqui, Senior Account Manager (Asia Pacific), Avanza Solutions, were present at the signing ceremony.
