digital payments
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,…
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…
Only 3% of Pakistan Retailers Accept Digital Payments: SBP
Despite advances in digital payment infrastructure, Pakistan’s retail sector shows low adoption of point-of-sale (POS) systems, underscoring a continued dependence on cash transactions. According to…
Pakistan Pushes for Cashless Economy: High Level Committee formed
Prime Minister Muhammad Shehbaz Sharif has formed a high-level committee to accelerate Pakistan’s transition to a cashless and digitalized economy. The committee, personally chaired by…
Steep Higher Tax on Cash on Delivery (COD) confirmed in Budget FY26
The federal government is preparing to implement a higher income tax on Cash on Delivery (COD) transactions, compared to digital payments. This move, proposed under…
Budget 2025-26 Unveils Dual Petrol Pricing to Combat Cash Economy
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?
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
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
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
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
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
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
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…