Mobile Wallets Gain Momentum with Over 143M Broadband Users
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
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
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
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
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
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…
Govt Mandates QR Codes on Utility Bills for Digital Payments
To boost financial digitization, the government has ordered mandatory QR codes on electricity, gas, and phone bills for digital payments. In a high-level meeting chaired…
Easypaisa vs JazzCash: The Ultimate Mobile Wallet Showdown in 2025
Imagine a world where managing your money is as easy as sending a text message. Well, in Pakistan, that world is already here, and it’s…
Alif Finance Cleared by SECP to Operate as NBFC in Pakistan
The Securities and Exchange Commission of Pakistan (SECP) has granted an Investment Finance Services license to Alif Finance (Private) Limited, officially authorizing it to operate…
Sadapay vs Nayapay: Which Digital Payment Service is Right for You in 2025?
Picture a bustling street in Karachi, a student taps their phone to pay for chai, a freelancer in Lahore cashes out a global gig in…
Digital Payments Soon Mandatory for Retailers as Govt Pushes for Cashless Economy
Pakistan is set to make digital payments mandatory for retailers in key regions by September, accelerating its cashless economy ambitions. An official document reviewed by…
Bazaar Completes Acquisition of Keenu to Expand E-Commerce, Fintech
Bazaar Technologies has completed the acquisition of Keenu to support the five-year-old startup’s aim of building the country’s largest e-commerce and fintech platform. Bazaar Technologies…