Fintech
NayaPay Partners With Alipay+ to Bring Global QR Payments to Pakistan
NayaPay, one of Pakistan’s fastest-growing fintech platforms, has launched global QR payment capabilities for Pakistani users in partnership with Alipay+, significantly expanding international payment options for citizens travelling abroad. The feature allows Pakistanis to scan and pay securely at participating…
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CDA Enables Digital Payments at Over 38,000 Islamabad Shops
Islamabad is rapidly moving toward a cashless economy as the Capital Development Authority (CDA) mandates that all retail outlets under its trade license system must…
Govt Moves to Make Raast QR Payments Compulsory Nationwide
Pakistan is set to undergo a major shift in its retail landscape as the government moves to legally mandate Raast QR payments across the country.…
Islamabad Goes Cashless with CDA’s New Digital One-Window System
The Capital Development Authority (CDA) has officially launched a cashless One-Window Directorate in Islamabad, marking a major step toward making the capital a model cashless…
Millions at Risk as JazzCash, Easypaisa Accounts Face Biometric Deadline
A new State Bank rule has disrupted digital banking services in Pakistan, affecting millions of JazzCash and Easypaisa users nationwide. The central bank has made…
JazzCash Partners with KTrade to Enable Stock Trading Via Mobile App
In a major step towards financial inclusion, JazzCash has partnered with KTrade Securities to enable real-time stock trading on the Pakistan Stock Exchange (PSX) directly…
Unexpectedly, PSO Leans Heavily on Fintech: The Full Story of Payvay, Partnerships & Risks
Pakistan State Oil (PSO), the country’s largest oil marketing company, is undergoing one of the boldest strategic pivots in its history. After quietly dissolving its…
Barq: Saudi Fintech Gets SBP Approval to Launch EMI in Pakistan
Saudi Arabian fintech giant barq has secured In-Principle Approval (IPA) from the State Bank of Pakistan (SBP) to set up an Electronic Money Institution (EMI)…
Daira Marks One Year of Empowering Pakistan’s Unbanked Population
Mobile-first digital nano-lending platform, Daira marked its first anniversary of operations in Pakistan with a renewed commitment to advancing financial inclusion and access to finance…
Digital Banking Users in Pakistan Surge Past 96 Million
Pakistan is witnessing a remarkable rise in digital banking users, marking a major milestone in the country’s move toward a cashless economy. Recent data shows…
ECB Selects AI Firm to Tackle Digital Euro Fraud Risks
The European Central Bank (ECB) has chosen Portuguese artificial intelligence firm Feedzai to design fraud detection systems for its upcoming digital euro, marking a major…
SBP Clarifies 2 Hours Cooling Period in Digital Funds Transfer
The State Bank of Pakistan (SBP) has clarified that the 2 hours cooling period does not affect digital funds transfer, which remains instant. According to…
EU Plans to Block US Tech from Financial Data Access
The European Union is moving forward with strict new rules under the Financial Data Access (FiDA) regulation, which could block US tech giants like Apple,…
Has Sadapay Introduced Ads On Transaction Screens? Let’s Break it Down
SadaPay, one of Pakistan’s fastest growing digital banks, has quietly begun rolling out ads on its transaction success screens, marking a first for local fintech…