Muhammad Idrees

Paysys Labs

Paysys Labs is a Pakistan based company which has a team of industry experts, consultants & project managers who have worked on various initiatives related to digitization of payments & financial services both locally & globally. Paysys Labs specializes in payment system consulting and implementation support. The company has experience in strategic review of payment initiatives, doing market landscaping, deep expertise of technical implementation and experience in implementation of solutions to drive uptake of Digital Financial services. Our team has experience of working on many local and international assignments related to Faster Payments or Instant payment systems (IPS) and we believe that each market implementation is unique and requires good understanding of the context. We build on our rich experience, leverage best practices and develop a sound understanding of the context to meet desired objectives of the projects we get involved in. The team's main forte is its deep experience in design and implementation of technology platforms related to electronic payments as well as hands-on practitioner experience working with large retail payment systems. In past, we have provided oversight on national level technology projects (review of implementation strategy, migration, acceptance testing plans etc.). Our team members have experience of setting up banking institutions and devising digital strategies for various Commercial Banks including alternative delivery channels (self-service touch points, mobile apps, internet banking implementation). We have also provided technology advisory services including enterprise architecture review, security review, and DFS risk management. Paysys has also been engaged in development of strategy and business case for Payment service providers and Payment system operators, and assisted our clients in selection of vendors for technology replacement, managing migration strategy & regulatory approvals.