Bank Alfalah launched ‘Alfa Payroll Solution’ to Transform Wage Payments in Pakistan from Cash Payments to Digital Payments

Alfa Payroll solution, our vision is to foster financial inclusion in Pakistan. The idea is to create opportunity and access across the board to reap the benefits of financial management, savings, digital payments and financing created by banking products.

Furthermore, Digital payroll would lead to financial inclusion which not only encourages growing the number of people in the tax net but also plays a significant role in eliminating the undocumented economy.

‘Alfa Payroll Solution’ is a secure, reliable and cost-effective digital solution that allows companies to disburse salaries directly into mobile accounts of hundreds and thousands of employees in one go. This system eliminates the involvement of cash. Employees don’t even need to visit the branch to open their accounts as Alfa– the bank’s App offers a digitized onboarding process with minimal documentation requirements.

Bank Alfalah’s team works directly with employers to support their transition from cash to digital payroll, and trains workers to ease their transition to digital wages, thus allowing them to receive their wages instantly and transparently into a digital account. Mobile wallets are linked with an ATM/Debit card that can be used at not just Bank Alfalah ATMs but also of other Banks’ ATMs and POS machines across the country.

In addition to this, beneficiaries also have access to various lending products out of which Bike Financing has been the most popular among payroll customers. As per the team, more than 40 bikes were financed through the Alfa Payroll Bike Financing program in just two weeks.

This reflects that Alfa does not only enable the workers to meet their financial needs in a timely manner but also gives them easy access to financing facilities to manage better living standards. Likewise, Bank Alfalah plans to launch financing options for client companies as well which would help them manage their running capital and grow their business.

At present, there are more than 200+ companies onboarded for Alfa Payroll Solution with some of the major textile and leather companies, pharmaceuticals and retail chains in Pakistan on the list, that collectively make a monthly disbursement of PKR 957 Million to 82,000+ blue-collar workers in their payroll wallets.

Businesses interested in Alfa Payroll Solution can email at

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