digital payments
Fewer Than 700,000 Retailers in Pakistan Use Digital Payments
2 min read
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
3 min read
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…
Govt to Launch National Data Exchange Layer Pilot Phase in December
3 min read
Pakistan is preparing to launch the pilot phase of the National Data Exchange Layer (NDEL), a major step toward a fully connected and transparent digital…
CDA Enables Digital Payments at Over 38,000 Islamabad Shops
2 min read
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…
SBP Clarifies 2 Hours Cooling Period in Digital Funds Transfer
2 min read
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…
RDA Signs MoU to Launch Digital Payments in Rawalpindi
2 min read
The Rawalpindi Development Authority (RDA) has signed a landmark MoU with the Financial Accounting and Budgeting System (FABS), under the Office of the Controller General…
OGRA Orders Oil & Gas Sector to Adopt Digital Payments
2 min read
In a major move towards a innovative economy, the Oil and Gas Regulatory Authority (OGRA) has ordered all entities under its regulation to adopt digital…
SECP Mandates Digital Payments for All Entities by Oct 2025
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…
Independent Audit of Cashless Economy Initiative 2025 on the Cards
3 min read
The government has decided to conduct an independent review and audit of its “Cashless Economy Initiative 2025,” covering its design, implementation, impact, and governance mechanisms.…
Logiserve Gains NBFC License to Power Fintech for Merchants
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
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…
Digital Payments Soon Mandatory for Retailers as Govt Pushes for Cashless Economy
3 min read
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…
Alibaba Pakistan Partnership to Drive Exports Through Digital Payments
2 min read
KARACHI: In a strategic move to expand Pakistan’s presence in global markets, the government is set to formalize an Alibaba Pakistan partnership next week. This…
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