PayPak
K-Electric Launches Cashless Bill Payment via Debit, Credit Cards
K-Electric has introduced card payments at selected customer care centres, enabling customers to pay bills without cash, reducing queues and making bill payments more convenient.…
PayPak Expands Beyond Debit: Local Credit Cards Coming to Pakistan
Pakistan is set to launch its first locally developed credit card under the domestic payment scheme PayPak later this year, 1LINK CEO Najeeb Agrawalla has…
Government Pushes PayPak to Cut $250 Million Annual Visa, Mastercard Outflow
Pakistan’s dependence on global payment networks is coming under fresh scrutiny, as policymakers push for wider adoption of local alternatives and faster growth in digital…
PayPak Failure: SBP, Banks Come Under Fire in Senate Committee
In a strongly worded session, the Senate Standing Committee on Finance raised serious concerns over the weak adoption of Pakistan’s local PayPak debit card, accusing…
SBP Expands Raast & PayPak to Reduce Foreign Payment Reliance
The State Bank of Pakistan (SBP) has accelerated its efforts to reduce Pakistan’s dependency on expensive international card networks like Visa and MasterCard, which settle…
