raast
Ahson Bin Saeed Appointed CEO of Raast Payments Pakistan
2 min read
Ahson Bin Saeed has officially taken charge as the Chief Executive Officer (CEO) of Raast Payments Pakistan. The announcement regarding his appointment was made today,…
The Raast Revolution: Apps Now Control 81% of Pakistan’s Digital Payments
3 min read
Pakistan’s shift toward a cashless economy is accelerating at a record pace. The State Bank of Pakistan (SBP) has released its Payment Systems Quarterly Review…
P@SHA Flags Gaps in Raast, Urges Digital Merchant Incentives
2 min read
The Pakistan Software Houses Association (P@SHA) has urged the government to launch a National Digital Merchant Incentive Program to accelerate Raast adoption, warning that despite…
Finance Minister Inaugurates Center for Government Data Analytics to Modernize Public Audits
3 min read
Federal Minister for Finance and Revenue Muhammad Aurangzeb on Wednesday inaugurated the Center for Government Data Analytics at the headquarters of the Auditor-General of Pakistan,…
Govt Moves to Make Raast QR Payments Compulsory Nationwide
2 min read
Pakistan is set to undergo a major shift in its retail landscape as the government moves to legally mandate Raast QR payments across the country.…
Digital Banking Users in Pakistan Surge Past 96 Million
2 min read
Pakistan is witnessing a remarkable rise in digital banking users, marking a major milestone in the country’s move toward a cashless economy. Recent data shows…
Independent Audit of Cashless Economy Initiative 2025 on the Cards
3 min read
The government has decided to conduct an independent review and audit of its “Cashless Economy Initiative 2025,” covering its design, implementation, impact, and governance mechanisms.…
ECC Greenlights Rs3.5bn to Boost Raast QR Adoption
2 min read
Islamabad: The Economic Coordination Committee (ECC) of the Cabinet approved a set of measures to speed up digital payments and to support people hit by…
Pakistan to Introduce Digital IDs for Citizens in Cashless Economy Push
2 min read
Prime Minister Shehbaz Sharif has announced that the government is prioritising the creation of Digital IDs to support Pakistan’s shift toward a cashless economy. Chairing…
SBP Expands Raast & PayPak to Reduce Foreign Payment Reliance
3 min read
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…
Alibaba Pakistan Partnership to Drive Exports Through Digital Payments
2 min read
KARACHI: In a strategic move to expand Pakistan’s presence in global markets, the government is set to formalize an Alibaba Pakistan partnership next week. This…
Only 3% of Pakistan Retailers Accept Digital Payments: SBP
2 min read
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…
Finance Minister Leads Strategy Meeting on Pakistan Digital Economy
2 min read
ISLAMABAD: In a strategic push to modernize financial systems, Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb chaired a high-level meeting at the Finance…
