digital payments
Punjab Cuts Digital Payment Tax at Restaurants and Salons
Punjab has introduced a new digital payment tax system that offers restaurant customers a 50 percent tax discount when they pay through credit cards or…
Visa Launches Smartphone-Based Payment Tools for Small Businesses
Visa has introduced new features under Visa Accept and Visa Direct, enabling small businesses in emerging markets to accept and send digital payments directly through…
Punjab Finance Bill 2026 Proposes Tax Raise on Digital Restaurant Payments
The Punjab government has proposed a revised sales tax regime for restaurants. Officials outlined this updated framework in the Punjab Finance Bill 2026 recently. Consequently,…
Pakistan Launches Digital Passport Fee Payment System
The Directorate General of Immigration and Passports is working with a private bank to introduce a digital payment system for all passport and immigration fees.…
Pakistan Loses $1.61 Billion Annually to Checkout Inefficiencies in eCommerce
Pakistan’s fast-growing e-commerce industry is losing an estimated $1.61 billion annually due to inefficiencies at the checkout stage, highlighting a major structural challenge in the country’s digital…
Government Orders QR Codes on All Bills to Boost Digital Payments
The federal government has decided to introduce QR codes on every government bill across the country as part of efforts to promote digital payments. All…
Finance Minister Meets Visa Group President, Reaffirms Long-Term Partnership for Digital Growth
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met with Mr. Oliver Jenkyn, Group President of Visa, on the sidelines of the World Economic…
The Raast Revolution: Apps Now Control 81% of Pakistan’s Digital Payments
Pakistan’s shift toward a cashless economy is accelerating at a record pace. The State Bank of Pakistan (SBP) has released its Payment Systems Quarterly Review…
P@SHA Flags Gaps in Raast, Urges Digital Merchant Incentives
The Pakistan Software Houses Association (P@SHA) has urged the government to launch a National Digital Merchant Incentive Program to accelerate Raast adoption, warning that despite…
Pakistan’s Cashless Push Struggles to Match Regional Peers
Pakistan’s transition toward a cashless economy is accelerating, but the country still lags behind regional peers due to structural challenges in its digital payments ecosystem.…
Finance Minister Pushes Faster Shift to Digital Banking in Meeting With Ant, Easypaisa
Pakistan’s push toward a cashless economy gained momentum as Finance Minister Senator Muhammad Aurangzeb met senior executives from Ant International and Easypaisa to align on…
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…
