NIFT is a joint venture between a consortium of six major banks and private sector. It is responsible for the establishment and management of automated clearinghouse facilities in Pakistan. NIFT is proactively involved in the modernization of payment systems in Pakistan.

NIFTeTRUST a division of NIFT, is a Certificate Authority in Pakistan and is an affiliate of VERISIGN INC. USA. NIFTeTRUST has set up the processing centre confirming to ANSI x9.79 & ISO 17799 standards to provide Public Key Infrastructure (PKI) for secured operation of e-banking, e-business, e-commerce and e-government in Pakistan.