digital payments
Budget 2025-26 Unveils Dual Petrol Pricing to Combat Cash Economy
3 min read
ISLAMABAD: The federal government is expected to unveil a dual pricing system in Budget 2025-26. The plan introduces different tax and transaction rates for cash…
114 Million Unbanked and Just 18% Digitally Active: What’s Holding Pakistan Back?
3 min read
Pakistan continues to face significant challenges in achieving financial inclusion and expanding digital payment adoption, as highlighted in a recent World Bank report. The report…
Raast Records Over 892 Million Transactions as SBP Pushes for Digital Shift
2 min read
KARACHI: Pakistan’s digital payment landscape continues to expand rapidly, with Raast, an instant digital payment platform developed by the State Bank of Pakistan (SBP), crossing…
Pakistan Govt Disburses 1.9 Million Digital Payments Under Ramadan Relief Package 2025
2 min read
Islamabad: The government of Pakistan has taken a significant step toward digital governance and financial inclusion by successfully executing 1.9 million digital payments under the…
Pakistan Govt Rolls Out Rs. 20 Billion Digital Payments Initiative to Boost Financial Inclusion
2 min read
Islamabad: In a groundbreaking step toward a digitized and inclusive economy, Federal Minister for IT and Telecommunications Shaza Fatima Khawaja, officially launched Pakistan’s first-ever digital…
India’s UPI Payment Services Restored After Nationwide Outage
2 min read
India’s Unified Payments Interface (UPI), the backbone of digital transactions in the country, suffered a major outage yesterday, leaving millions of users unable to make…
Google Wallet Now Lets Kids Make In-Store Payments in Five Countries with Parental Supervision
2 min read
Google has officially rolled out a new feature allowing children with Android phones to make in-store purchases using Google Wallet in select countries, including the…
FBR Mandates Digital Payments for Businesses to Boost Revenue Collection
2 min read
ISLAMABAD: The Federal Board of Revenue (FBR) has taken a significant step toward digitalizing Pakistan’s economy by making debit and credit card payments mandatory for…
Digital Payment Share Reaches 87% of Total Retail Transactions; SBP Report
3 min read
Karachi: The State Bank of Pakistan (SBP) has reported a significant shift toward digital payments, with digital channels now processing the majority of retail transactions…
JazzCash Launches New Brand Identity and Redesigned App Interface
2 min read
JazzCash, Pakistan’s leading fintech platform, has unveiled a fresh brand identity and a revamped user interface (UI) aimed at enhancing customer experience. The announcement was…
RAAST Payments to Be Enabled in Online Shopping, Orders SBP
2 min read
Banks and financial institutions have been instructed by the State Bank of Pakistan (SBP) to implement the RAAST payment system in e-commerce and online purchasing…
Pakistan’s October 2024 Remittances Hit $3.05bn, Reflecting 24% Annual Growth
2 min read
The State Bank of Pakistan (SBP) released data indicating that the inflow of overseas workers’ remittances into Pakistan was $3.052 billion in October 2024, a…
SBP Grants In-Principle and Pilot Operations Approvals to EMIs and PSOs/PSPs
2 min read
The State Bank of Pakistan (SBP) has granted in-principle approval to Toko Lab Private Limited and Accept Technologies Private Limited (PayMob) for establishing their operations…
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