Commercial Credit enters digital payment space with Pay&Go

Heralding its entry into the digital payment space, Commercial Credit and Finance PLC (CCF) recently announced its acquisition of a 19.99 percent stake in Mega Pay (Pvt.) Ltd, which provides payment services under the Pay&Go brand.
Pay&Go is the first step in CCF entering the digital payment space. The partnership with Mega Pay is also expected to encourage other players in the market to use the platform, helping clients adopt a cashless culture and giving them access to financial opportunities that will support their ambitions for investment and growth. 

Commenting on the partnership, Mega Pay Director Vardan Aslibekyan said, “We are privileged to partner with CCF, which is a leading financial institution. Our combined experience, market wisdom and technological advances will revolutionise convenience, security and innovation. Together, we aim to deliver customer-centric, secure and innovative products, shaping the future of financial services.”

Given the unprecedented challenges posed by the ongoing economic crisis, CCF, as a company, is committed to guiding its clients during these testing times. The journey into the digital space is more than a strategic move; it is an example of its dedication to ensuring not only client convenience but also uplifting their aspirations.
“We want to grow our consumer base, satisfy changing expectations and offer cutting-edge services by leveraging digital platforms. By utilising data analytics and artificial intelligence, we will be able to tailor our services and forge closer bonds with our clients. Working together with our fintech partners, such as Mega Pay, we will gain access to specialised knowledge and cutting-edge technologies, which will give us a strong position in the digital sphere,” CCF COO Rajiv Chitty added.