SECP Mandates Digital Payments for All Entities by Oct 2025

By Sabica Tahira ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan has taken another major step toward a cashless economy. The Securities and Exchange Commission of Pakistan (SECP) has directed all regulated entities to mandatorily…

Haball Secures PSO/PSP Approval to Transform B2B Payments

By Sabica Tahira ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan’s leading fintech company Haball, the country’s largest non-banking corporate aggregator, has secured in-principle approval (IPA) from the State Bank of Pakistan (SBP) for a…

Easypaisa Digital Bank Reports 39.4% Profit Growth in H1 2025

By Sabica Tahira ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Easypaisa digital bank has announced its financial results for the half-year period ended June 30, 2025. The bank reported a profit before tax of PKR…

LAAM and Neem Unify Payments for Better Cash Flow for Sellers

By Salman Akhtar ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

LAAM has collaborated with Neem to introduce a new system of payments and a wallet for an organization to its marketplace. The collaboration gives sellers…

State Bank Declares 1LINK a Designated Payment System

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The State Bank of Pakistan (SBP) has formally declared 1LINK (Private) Limited a Designated Payment System, marking a major step in enhancing Pakistan’s digital financial…

Logiserve Gains NBFC License to Power Fintech for Merchants

By Salman Akhtar ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Logiserve, a fully owned subsidiary of Secure Logistics – Trax Group Limited (SLG-Trax), has received an NBFC license from the Securities and Exchange Commission of…

Pakistan to Introduce Digital IDs for Citizens in Cashless Economy Push

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Prime Minister Shehbaz Sharif has announced that the government is prioritising the creation of Digital IDs to support Pakistan’s shift toward a cashless economy. Chairing…

Mobile Wallets Gain Momentum with Over 143M Broadband Users

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Minister for IT and Telecom Shaza Fatima has said Pakistan, with over 143 million broadband users, holds strong potential to move toward a cashless economy.…

Govt Sets Bold Targets to Promote Cashless Economy by 2026

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The government has unveiled new national targets under the Prime Minister’s Cashless Economy initiative, tasking the State Bank of Pakistan (SBP) with accelerating the shift…

Ministry Demands Swift Raast QR Code Implementation for Utility Bills

By TechJuice ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Ministry of Finance has directed administrative ministries and regulatory bodies to provide immediate updates on the rollout of Raast QR codes across public utility…

HBL Microfinance Bank and SUPARCO Partner for Satellite-Based Agri Lending

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

HBL Microfinance Bank (HBL MfB) and the Pakistan Space and Upper Atmosphere Research Commission (SUPARCO) have signed a Memorandum of Understanding (MoU) to introduce satellite-based…

Pakistani Startup Icon Backs UAE Fintech’s Record $48M Funding

By Manik Aftab ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Mudassir Sheikha, the founder of Careem, has joined a group of angel investors backing UAE fintech Alaan in its record $48 million Series A round.…

BISP Launches Mobile Wallet App to Boost Cashless Economy

By Areeba Ahmed ⏐ 4 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

In a high-level workshop held in Islamabad, the Benazir Income Support Programme (BISP) launched its Mobile Wallet Payment Model, marking a significant step toward a…

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