# NayaPay

> Source: https://docs.barcoder.ai/docs/wallets/nayapay
> research date 2026-05-29 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [NayaPay — official](https://www.nayapay.com/)

## Overview

**NayaPay** is **one of Pakistan's fastest-growing fintech digital wallets**, operating as **Electronic Money Institution (EMI) under SBP (State Bank of Pakistan)** <sup>[1][1], [2][2], [Pakistan report](https://docs.barcoder.ai/docs/payments/PK)</sup>. **Used by millions of Pakistani users**.

**December 2025 — NayaPay + Alipay+ global QR payments launch** <sup>[3][3]</sup>: Distinctive strategic partnership with **Ant International's global wallet gateway** — enables millions of NayaPay users to **scan-and-pay at Alipay+ merchants across 50+ countries** initially.

**Distinctive NayaPay positioning** <sup>[4][4]</sup>:
- **Any Pakistani citizen 18+** can open NayaPay wallet.
- **Free Visa Virtual card** for international + local online payments.
- **Optional Visa physical debit card** for cash withdrawal at ATMs + in-store payments at 100+ million merchants globally.
- **Pakistani citizens + freelancers + remittance recipients** — distinctive Pakistani-fintech-segment focus.

## History

**2022 — NayaPay launches** <sup>[2][2]</sup> as Pakistan EMI digital wallet.

**2023-2024 — Mass Pakistani adoption** <sup>[1][1]</sup>: Multi-million-user growth.

**December 2025 — NayaPay + Alipay+ global QR payments launch** <sup>[3][3]</sup>: 50+ countries cross-border scan-and-pay.

## Ownership & operator

**Operating entity**: **NayaPay** — Pakistan EMI digital wallet fintech.

**Co-founders**: **Danish Lakhani (CEO)** + **Saad Niazi** + team.

**Major investors**: **MSA Capital + Zayn Capital + Patrick Pichette (Inovia Capital)** + others.

**Regulators**: **SBP (State Bank of Pakistan)** — Electronic Money Institution license.

## Technical integration

| Layer | Description |
|---|---|
| **Channels** | NayaPay mobile app (iOS + Android) + Virtual Visa card + Physical Visa debit card (optional) |
| **Identifiers** | Phone + email + CNIC (Pakistani Computerized National Identity Card) |
| **License** | SBP EMI (Electronic Money Institution) |
| **Sub-products** | NayaPay wallet + Virtual Visa card + Physical Visa debit card + remittances + bill payments + Alipay+ global QR (Dec 2025+) |
| **Cross-border** | Dec 2025 NayaPay + Alipay+ global QR payments — 50+ countries |
| **Network partner**: Visa (Virtual + Physical debit cards) |

## Users & growth

**2025 baseline** <sup>[1][1], [3][3]</sup>:
- **Users**: millions of Pakistani users (specific 2025 numbers not publicly disclosed)
- **December 2025 milestone**: NayaPay + Alipay+ global QR payments launch (50+ countries cross-border scan-and-pay)
- **Network partner**: Visa (Virtual + Physical debit cards)

## Use cases

Pakistani digital wallet for any Pakistani citizen 18+; Free Visa Virtual card for international + local online payments; Physical Visa debit card for ATM cash + 100M+ global merchant in-store payments; remittance reception from Pakistani diaspora abroad; bill payments + split bills; Alipay+ global QR cross-border scan-and-pay at 50+ countries (Dec 2025+).

## Implementations & partners

**Operator**: **NayaPay** (Danish Lakhani CEO + Saad Niazi + team).

**Network partner**: **Visa** (Virtual + Physical debit cards).

**Dec 2025 cross-border partner**: **Ant International (Alipay+)** for global QR payments in 50+ countries.

**Major investors**: **MSA Capital + Zayn Capital + Patrick Pichette (Inovia Capital)** + others.

**Major Pakistani digital wallet competitors**:
- **[SadaPay](https://docs.barcoder.ai/docs/wallets/sadapay)** (Pakistan EMI digital wallet; 3M users 2025; Brandon Timinsky founder; $50M Papara acquisition Feb 17 2024)
- **[Easypaisa](https://docs.barcoder.ai/docs/wallets/easypaisa)** (Batch 5 covered; Telenor + Ant Group EasyPaisa Pakistan)
- **[JazzCash](https://docs.barcoder.ai/docs/wallets/jazzcash)** (Batch 4 covered; Jazz / Veon JazzCash Pakistan)

**Regulator**: **SBP (State Bank of Pakistan)**.

## Fun facts

- **Pakistan's fastest-growing fintech digital wallets** — NayaPay.
- **2022 founding** by Danish Lakhani + Saad Niazi + team.
- **Backed by MSA Capital + Zayn Capital + Patrick Pichette (Inovia Capital former Google CFO)**.
- **December 2025 NayaPay + Alipay+ global QR payments launch** — 50+ countries cross-border scan-and-pay via Ant International's global wallet gateway.
- **Visa partnership**: Free Virtual card + optional Physical debit card.
- **100M+ global merchants accessible via Visa debit card**.
- **Any Pakistani 18+** eligible — no Pakistani-bank-account requirement.

## Comparison

| Feature | NayaPay | [SadaPay](https://docs.barcoder.ai/docs/wallets/sadapay) (PK rival; Brandon Timinsky founder; Papara $50M Feb 2024 acquisition) | [Easypaisa](https://docs.barcoder.ai/docs/wallets/easypaisa) (Batch 5; Telenor + Ant Group rival) | [JazzCash](https://docs.barcoder.ai/docs/wallets/jazzcash) (Batch 4; Jazz / Veon rival) | [Alipay](https://docs.barcoder.ai/docs/wallets/alipay) (Batch 1; Ant Group Chinese super-app + Alipay+ partner) |
|---|---|---|---|---|---|
| Operator | **NayaPay (Danish Lakhani CEO + Saad Niazi + team; MSA Capital + Zayn Capital + Patrick Pichette/Inovia Capital backed)** | SadaPay (Brandon Timinsky founder; Papara $50M Feb 17 2024 acquisition) | Telenor + Ant Group EasyPaisa | Jazz / Veon JazzCash | Ant Group |
| Type | **PK EMI digital wallet + Visa Virtual + Physical debit + Dec 2025 Alipay+ global QR (50+ countries)** | PK EMI digital wallet (Papara-owned) | PK mobile wallet | PK mobile wallet | China super-app + global cross-border |
| Country | Pakistan | Pakistan | Pakistan | Pakistan | China + global cross-border |
| Users | **Millions of PK users (specific 2025 numbers not disclosed)** | 3M users 2025 | 35M+ EasyPaisa | 38M+ JazzCash | 1.3B+ |
| Distinctive | **Dec 2025 Alipay+ global QR partnership (50+ countries); Visa Virtual + Physical debit card; Patrick Pichette (Inovia Capital former Google CFO) backed** | Brandon Timinsky founder; Papara Turkish fintech $50M acquisition; user complaints about unexplained deductions + frozen accounts 2025 | Telenor + Ant Group; Pakistan's #1 mobile wallet | Jazz / Veon-anchored; Pakistan's largest mobile wallet by users | Ant Group super-app dominant |

## Status

**Active, one of Pakistan's fastest-growing fintech digital wallets** <sup>[1][1], [3][3]</sup>:
- **NayaPay** (EMI; Danish Lakhani CEO) since 2022.
- **Used by millions of Pakistani users**.
- **December 2025 NayaPay + Alipay+ global QR payments launch** — 50+ countries cross-border scan-and-pay via Ant International.
- **Visa partnership**: Free Virtual card + optional Physical debit card.
- **SBP EMI regulated**.

## Sources

[1]: https://www.nayapay.com/ "NayaPay — official"
[2]: https://help.nayapay.com/article/64-who-is-nayapay-for "Who is NayaPay for — NayaPay Help Center"
[3]: https://www.nayapay.com/news/nayapay-launches-global-qr-payments-for-pakistanis-via-alipay "NayaPay + Alipay+ global QR payments Dec 2025 — NayaPay"
[4]: https://www.techjuice.pk/sadapay-vs-nayapay-which-digital-payment-service-is-right-for-you-in-2025/ "SadaPay vs NayaPay 2025 — TechJuice"
[pk-cro]: https://docs.barcoder.ai/docs/payments/PK

- [1] [NayaPay — official][1]
- [2] [Who is NayaPay for — NayaPay Help Center][2]
- [3] [NayaPay + Alipay+ global QR Dec 2025 — NayaPay][3]
- [4] [SadaPay vs NayaPay 2025 — TechJuice][4]
- <sup>[Pakistan report](https://docs.barcoder.ai/docs/payments/PK)</sup> In-corpus: `reports/countries/PK-pakistan.md`

## Source

Biography extracted from [nayapay.md](https://docs.barcoder.ai/source/wallets/nayapay). See `matrix.md` for standards-support matrix if present.