About Quwat Services (Private) Limited

Quwat Services (Private) Limited (QSPL) is a Pakistan-based fintech company building the infrastructure that connects cash, digital payments, merchants, consumers, and institutions into one unified financial ecosystem. QSPL was established to accelerate financial inclusion and enable secure, scalable, and interoperable payment solutions across the country.

QSPL ecosystem

Pakistan’s fintech industry is rapidly evolving with the growth of smartphones, digital wallets, Raast instant payments, and regulatory innovation. However, a large part of the population still relies on cash and assisted financial services. QSPL operates at this intersection — bridging the gap between traditional cash usage and modern digital finance through a powerful combination of technology and nationwide retail reach. Under the QSPL umbrella operate two core platforms:

Cashyn

Cashyn is QSPL’s retail and assisted financial services network, enabling cash-in, cash-out, bill payments, and OTC digital transactions through thousands of agents and retailers. It empowers underserved communities and small merchants by bringing formal financial services to their doorstep.

Flyp

Flyp is QSPL’s digital payments and collections platform, offering QR payments, card payments (Visa, Mastercard, PayPak), Raast instant transfers, wallet transactions, real-time collections, and enterprise disbursements — fully integrated with Pakistan’s national payments infrastructure.

Together, Cashyn and Flyp create a complete phygital (physical + digital) financial ecosystem, converting cash into compliant digital flows and enabling fast, secure digital transactions at scale. With strong foundations in compliance, security, and technology, QSPL partners closely with banks and financial institutions to support Pakistan’s transition toward a more connected and inclusive digital economy.