Is PayPal Really Available in Pakistan? False Rumors Debunked! Here’s What You Need to Know
A recent announcement by Pakistan’s Special Investment Facilitation Council (SIFC) claims the enablement of PayPal in Pakistan as part of a trial initiative aimed at…
Fact Check: Has SBP Issued a New Rs1,000 Currency Note?
A fact check has revealed that the viral Rs1,000 currency note circulating on social media is fake, as confirmed by the State Bank of Pakistan…
Bykea Shocks the Market with new Payment Feature
Ride-hailing and delivery platform Bykea has announced the rollout of digital payments for rides, allowing passengers to pay through Easypaisa, JazzCash, and online bank transfers,…
Punjab to Begin Garbage Tax Collection from July (Rates & Date Confirmed)
The Punjab government is set to begin garbage tax collection from both urban and rural areas starting July 1, 2025, under the Rs200 billion Suthra…
SBP: Cash Still Dominates High-Value Payments in Pakistan
While digital payments in Pakistan continue to grow rapidly, a major challenge persists: high-value transactions remain largely paper-based. According to the State Bank of Pakistan…
FBR to Suspend Bank Accounts of Sales Tax Evaders on THIS Date
In a major policy shift, the Federal Board of Revenue (FBR) will have the authority to temporarily suspend bank accounts of unregistered sales tax evaders…
Pakistan Showcases Mining Potential to US Firms
Federal Minister for Energy Ali Pervaiz Malik on Wednesday called on American investors to explore Pakistan’s mining potential through joint ventures and public-private partnerships, underscoring…
TOMCL Becomes First Pakistani Exporter of Beef Casings to Europe
KARACHI: The Organic Meat Company Limited (PSX: TOMCL) has made history by becoming the first Pakistani firm to export beef casings to Europe, a breakthrough…
Digital Payments Now Make Up 89% of Retail Transactions in Pakistan
Pakistan’s retail landscape has undergone a significant digital transformation, with nearly 90% of retail payments now processed through digital channels, according to the State Bank…
Pakistan Trade Deficit with Neighbouring Countries Widens by $11.17B
The Pakistan trade deficit with neighbouring countries widened by 32.82% to $11.17 billion during the first 11 months of the current fiscal year (FY25), compared…
China Approves Partial Rescheduling of $1.8 Billion Debt for Pakistan
China has agreed to a partial debt rescheduling for Pakistan worth $1.8 billion, which is nearly half of what Islamabad initially requested last year. Despite…
Unclaimed Bank Deposits Moved to SBP: Step-by-Step Guide to Claim Your Funds
The State Bank of Pakistan (SBP) has confirmed that all unclaimed deposits in Pakistan up to December 31, 2023, have been surrendered by banks and…