digital payments
Govt to pay salaries, employee pensions via Raast instant payments system
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The State Bank of Pakistan (SBP) has decided to digitize the payment process for salaries and payments of government employees through Raast instant payments system.…
Ministry of IT set to launch digital payment gateway soon in Pakistan
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In recent news, the Federal Secretary of Information Technology and Telecommunication, Shoaib Ahmed Siddiqui, stated that a world-class digital payment gateway will soon be launched…
SBP permanently removes charges for Internet and mobile banking services
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The State Bank of Pakistan (SBP) has waived off the fees on various internet and mobile banking services for consumers. The announcement was made by…
Online financial fraud in Pakistan increased by 63% in 2020: report
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According to a new report, financial fraud cases in Pakistan have witnessed an increase of 63%. With the rise of digital transactions and online banking…
Pakistani fintech startup called PayPro receives a grant of Rs 7.4 million from USAID and SMEA
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A Pakistani fintech startup hyper-focused towards business to business (B2B) and business to consumer (B2C) payments recently received a grant of nearly Rs 7.4 million…
Collaborative Digital Ecosystem Imperative for Digitizing Payments: Irfan Wahab Khan – CEO Telenor Pakistan
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In the wake of the Covid-19 pandemic, where Pakistan experienced accelerated digital adoption, there was also a significant boost in the use of digital payments.…
WhatsApp to launch digital payments service
2 min read
WhatsApp is planning to launch digital payments service in India, its largest market with over 200 million users. Facebook-owned instant messaging platform is working to…
