Barq: Saudi Fintech Gets SBP Approval to Launch EMI in Pakistan

By Muhammad Haaris ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

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

By Manik Aftab ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

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

By Sabica Tahira ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

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

By Zohaib Shah ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

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

By Huma Ishfaq ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

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…

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