Cashless economy
Punjab Launches Cashless Travel With New eTransit App and Card
Punjab has rolled out a cashless payment system for its public transport network, introducing the eTransit Punjab App and the T-Cash Card to let commuters…
Digital Payments Triple in Pakistan as Mobile Banking Reaches 137 Million
Digital payments across Pakistan surged by 300 percent over the past year, with mobile banking users rising to 137 million and cash payments under the…
World Bank Approves $70 Million for Connected Punjab Digital Program
The World Bank (WB) has approved $70 million in financing for the Connected Punjab Program, aimed at expanding broadband internet access, improving digital public services,…
PayPak Expands Beyond Debit: Local Credit Cards Coming to Pakistan
Pakistan is set to launch its first locally developed credit card under the domestic payment scheme PayPak later this year, 1LINK CEO Najeeb Agrawalla has…
Raast QR Enables Cashless Challan Payments on Three Key Motorways
Pakistan has launched a QR-based digital payment system for traffic fines on selected motorways, developed in collaboration with the NHA, NHMP, and Zindigi-JS Bank. The…
Cashless Push Overshadowed by Cash in Rs1,350 Million Eidul Azha Trade
The federal government introduced online payment facilities for sacrificial animal trade during Eidul Adha, but a large share of transactions was still completed entirely in…
Punjab to Launch $249m Digital Transformation Drive with World Bank Support
The World Bank has moved forward with appraisal and negotiations for the “Connected Punjab” programme, a $249 million digital transformation initiative aimed at expanding broadband…
Pakistan Cuts Passport Processing Time to 14 Days: Launches Cashless System
The federal government has officially reduced the processing time for ordinary passports. Citizens will now receive their passports in 14 days instead of 21 days.…
QR Codes Made Mandatory for Retailers to Promote Cashless Economy Across Pakistan
The federal government has made it mandatory for retail outlets across Pakistan, including Islamabad and all provinces, to offer QR code- based digital payments as…
Sialkot International Airport Becomes Pakistan’s Second Cashless Airport
Sialkot International Airport Limited (SIAL) announced a major operational shift today. The facility has successfully transitioned into Pakistan’s second international airport to operate on a…
Punjab Launches QR-Based Cashless Travel on EV Buses
Punjab introduces a QR-based payment system for electric buses, allowing passengers to travel without physical cards. This digital move aims to simplify commuting and promote…
Fewer Than 700,000 Retailers in Pakistan Use Digital Payments
Pakistan’s drive toward a cashless economy faces hurdles as fewer than 700,000 retailers are currently connected to digital payment platforms. Despite government efforts, resistance from…
MoITT Seeks Third-Party Review for Cashless Economy Initiative
The Ministry of Information Technology and Telecommunication has announced that it will conduct a third-party evaluation of the federal government’s cashless economy program. The ministry…
