E wallets
Barq: Saudi Fintech Gets SBP Approval to Launch EMI in Pakistan
Saudi Arabian fintech giant barq has secured In-Principle Approval (IPA) from the State Bank of Pakistan (SBP) to set up an Electronic Money Institution (EMI)…
SBP Clarifies 2 Hours Cooling Period in Digital Funds Transfer
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…
Easypaisa Digital Bank Reports 39.4% Profit Growth in H1 2025
Easypaisa digital bank has announced its financial results for the half-year period ended June 30, 2025. The bank reported a profit before tax of PKR…
Digital Banking Pilot Project Faces Delay, Now Expected by Mid-August
The National Assembly Standing Committee on Poverty Alleviation and Social Safety expressed dissatisfaction over the delay in launching Pakistan’s digital banking pilot project. Initially scheduled…
Pakistan’s Digital Payments Surge: 88% Retail Transactions, 1,450M Deals & PKR 24 Trillion in Value
Pakistan’s digital payment ecosystem continues to expand, with a significant portion of retail transactions now occurring through digital channels. According to the State Bank of…
