Swich, a Karachi based fintech, gears up for digital payments revolt.

KARACHI -- Digital payments have the potential to enhance Pakistan's GDP by approximately $25 Billion and create 4 million additional jobs, according to a recent report "Better than cash alliance", but it has to be fintech companies at the crux to drive this change like it has happened in other emerging markets, says a Press release. A Karachi based payments Fintech Company by the name of Swich is heating up the space. The company claims to have already processed close to PKR 6 billion in transactions in a few months according to their website and has enhanced its founding team.

Muhammad Raza, who headed Enterprise Business at Paymob, which is an emerging payments platform in Pakistan, recently announced he's joining Swich as a founding member. He stated in his post "I am extremely excited to join Swich as a Founding Team in the...