Using UBL Net-Banking to Accept Payments Online in Pak Rupees
If you are an online merchant, planning to setup a store in Pakistan and accept payments from your customers online, UBL Internet Banking now provides you the facility to accept payments in Pak Rupees. UBL Net Banking is not a regular online payment acceptance facility where customers having credit cards can just sign-up and pay the required amount. UBL Net Baking is technically the online version of inter-branch connectivity. Putting it simply, if you integrate UBL Net Banking on your website, you will be able to accept payments from people having accounts in UBL only.
How to setup UBL Net Banking on Your Website
You will have to apply by contacting UBL sales team. They will ask you to provide details of your online business. If you are approved, you will be required to sign formal contracts and agree on transaction percentage that UBL will charge from you to provide this service. You will also be required to open an account in UBL
How does It Work for Your Customers
- The customer arrives on your website
- Logs in to his/her net banking account and chooses to go to the “Pay Bills and Prepaid Screen”
- Under Merchant Payments tab; your merchant name would be visible. The customer will click your merchant name / logo and will click pay
- On clicking Pay, the customer will be forwarded to the “Payment Detail Screen.” On this screen, the customer will see the following:
- Selects your account from which payment is to be made.
- Enter your correct bill amount.
- Enter the Order Number issued by Merchant and then click Pay.
- On clicking Pay, the customer will be sent to the “Confirmation Screen”. On this screen, he/she will enter the PIN in order to confirm this transaction.
- Final thanks and confirmation screen will be shown.
If You Are Not Approved
In case your application is declined, you can still open up an account in UBL and accept payments by asking your customers to deposit amount in your bank account number and notify you by calling or emailing. It works just fine that way too!
About UBL
UBL is one of the largest local banks in Pakistan and has an existing branch customer-base of 3.5 million and a vast reach of 1100 branches all over Pakistan.
Features and Benefits of UBL Net Banking
• Manage Multiple Accounts
• Real-Time Account Balance & Summary
• Inter-Portfolio Transfers
• Third Party Funds Transfers
• Door Step Cheque Delivery
• Bills Payment
• Online Shopping
• Scheduling the recurring or one-off payments
• Customized Alerts
• Multi-Level Security with Advances Security Features
• In today busy life consumers don’t have time to go out for purchases.
• For Online purchases the consumer either have to withdraw cash or use credit card on delivery.
Benefits to Your Customer
• e-Merchant aim to revolutionize the whole payment mechanism by turning the fatigue into luxury
• e-Merchant shall allow consumers to enjoy faster and efficient modes of payment with the ease and luxury of their homes and offices
• e-Merchant shall make it possible for consumers to make bill payments from anywhere at anytime 24 hours a day through multiple payment channels
• With eMerchant, payments shall become a privilege.
Benefits to Online Merchant
• Automated email alert will be generated after every 10 minutes with agreed upon details of each transaction as per the payment process.
• Real time transfer of funds to Master Collection Account (MCA).
• Online Access to MCA to check payments
• Customized Reconciliation reports as per agreed upon format on the same day for all transactions processed by 5:00 PM
• Transfer of funds to MOA (Merchant Account) on 2nd day!
• No risk of delivery against fraudulent transaction. Because delivery will be made on alerts or verification of transaction from UBOnline.
• No risk of carrying cash by the delivery person.
• Automated email alert will be generated after every 10 minutes with agreed upon details of each transaction as per the payment process.
website: https://www.ubl.com.pk
11 Responses to “Using UBL Net-Banking to Accept Payments Online in Pak Rupees”
Leave a Reply
it looks not very useful because it accepts only ubl accounts.
online store in pakistan is very good but clients / customer may be from outside countries
who want to sent gifts to pakistan
so i think not a very good idea because foreigner pakistani dont have ubl accounts or cards
Well i think that it is at least covering some part of the market. I see it as a good start to trust the local banks. I would like to have further details about this. I want to have the first step ahead.
we check our account on net
what we can check
HI respected Sir/dedom
how we can check our account BY net please
tell mu the way pr method. thanks
I just tried to open the website of UBL but it is not working this time.
An under construction page is displaying there.
If any other person also experienced it?
please
Now Virtual Banking of all te 1Link banks interlinked. Using ATMs of 1Link banks you can send/transfer money to any of 1-Link member bank also. More about 1link network banks you can view at http://www.1link.net.pk/
Hope soon Link-2 banks will also be inter-connected for payments. For withdrawl their ATMs already linked. Then we will not have to worry about paying at any bank. It will be easy for anyone having Virtual Banking of any bank to make payment to any other account holder.
Dear,
How much UBL will charge from the merchant? would it be commission based or subscription based?
Regards
Dear,
Though the information is interesting but I’ve question what charge UBL will charge from the merchant would it be commission based or subscription based?
Regards
hi to all ubl customers