Roshan Digital Account Surpasses $12 Billion in Inflows with Over 900,000 Accounts Opened by Overseas Pakistanis

Roshan Digital Account achieves a significant milestone with $12 billion in total inflows and more than 900,000 accounts opened, showcasing strong trust from overseas Pakistanis and boosting Pakistan’s digital finance landscape.

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Karandaaz, Askari Bank, and Digital Miles Partner to Create Cashless Housing Societies

Karandaaz Pakistan, in collaboration with Askari Bank and Digital...

FBR Launches Advanced Stock Register System for Enhanced Tax Compliance

FBR has introduced a cutting-edge Stock Register system as...

SBP Approves New EMIs and PSOs to Boost Digital Payments

SBP has taken significant steps to further enhance the...

FY24 Review Highlights Surge in Digital Payments Across Pakistan

Payment Systems Annual Review for FY24 highlights substantial growth...

FBR Mandates Digital Payment Integration for All Registered Retailers

The Federal Board of Revenue (FBR) has issued a...
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IFC and HABIBMETRO Launch $40 Million Risk-Sharing Facility to Boost SME and Agri Financing in Pakistan

IFC partners with Habib Metropolitan Bank to introduce a $40 million risk-sharing facility aimed at expanding SME and agricultural financing in Pakistan, addressing the country’s $3.2 million SME credit gap.

HBL Microfinance Bank Enhances Fraud Prevention with 1LINK’s Device Fingerprinting and Anti-Fraud Solutions

HBL Microfinance Bank partners with 1LINK to implement advanced Device Fingerprinting and Enterprise Anti-Fraud technologies powered by TrustDecision, boosting real-time fraud detection and digital banking security.

Punjab Makes Raast QR Payments Mandatory for Restaurants, Hotels, and Beauty Parlours

Punjab Revenue Authority has mandated Raast QR code–based digital payments for restaurants, hotels, and beauty parlours, requiring SBP-linked QR accounts within 14 days to enhance transparency and documentation.

PIA and Meezan Bank Partner to Enhance Digital Payments and Customer Convenience

Pakistan International Airlines has entered into a strategic partnership with Meezan Bank to improve digital payment convenience for travelers, enabling seamless debit card payments and strengthening the country’s digital banking ecosystem.

1LINK and InfoTel Upgrade Pakistan’s Card Personalization with New Matica Machine

1LINK and InfoTel Pakistan strengthen the country’s card personalization ecosystem with a new Matica personalization machine, enhancing capabilities for PayPak, co-badged, and UPI card programs while boosting efficiency, security, and scalability.

NIST Restarts Fingerprint Biometrics Matching Tests with Tech5, Innovatrics Submissions

NIST has relaunched its fingerprint biometrics evaluation after 13 years, with Tech5 and Innovatrics emerging as the first participants, showcasing advancements in one-to-many identification algorithms.

Pakistan Launches AI-Powered Agri Stack to Revolutionize Farming and Boost Productivity

Federal IT Minister Shaza Fatima Khawaja launches Agri Stack, a national AI-backed platform aimed at transforming Pakistan’s agriculture through digital public infrastructure.

Digitt Plus and Greenzone Partner to Digitize Agri-Inputs for Farmers in Faisalabad and D.I. Khan

Digitt Plus and Greenzone Pvt. Ltd have entered a strategic partnership to offer farmers digital access to quality agri-inputs through the Agri Mall platform, now available in Faisalabad and D.I. Khan via the Digitt Plus wallet.

Swich and Pak-Qatar Group Announce Strategic Partnership to Accelerate Digital Transformation

Swich has entered into a strategic partnership with Pak-Qatar Group to enhance collaboration in digital innovation and financial technology, marking a new milestone in Pakistan’s fintech ecosystem.

Abbasi and Company Partners with Bank AL Habib to Enable QR-Based Digital Payments for PSX Brokers

Abbasi and Company Pvt. Ltd. has joined Bank AL Habib’s Digital Payment Initiative under the State Bank of Pakistan’s guidance, becoming one of the first PSX brokerage houses to adopt QR-based digital payments, advancing the country’s vision of a cashless and digital economy.

PaySa and Covalent Form Strategic Partnership to Advance Digital Payments in Pakistan

PaySa, Pakistan’s newest Electronic Money Institution, has partnered with Covalent to deploy its award-winning Taabiir platform, aiming to accelerate digital payments and enhance merchant services across the country.

Neem Partners with Leopards Courier to Launch Leopards Wallet for Merchants Nationwide

Neem and Leopards Courier Services launch the Leopards Wallet for merchants across Pakistan, offering real-time settlements and seamless fund management through Neem’s digital payments infrastructure.
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Pakistan Issues Formal Procedure for E-Commerce Tax Withholding Under Eleventh Schedule of STA 1990

PRAL has formally issued the withholding procedure for e-commerce supplies under the Eleventh Schedule of the Sales Tax Act 1990, strengthening compliance, transparency, and documentation in Pakistan’s digital economy.

First Digital Takaful Company Receives SECP Approval, Launches Pakistan’s First Fully Digital Shariah-Compliant Insurance

SECP grants registration to First Digital Takaful Company, enabling Pakistan’s first fully digital, Shariah-compliant general Takaful operator to offer end-to-end digital insurance solutions.

FBR Introduces Withholding at Source for Sales Tax on Digitally Ordered Goods

The Federal Board of Revenue implements a new system for e-commerce taxation where payment intermediaries, courier services, and online marketplaces withhold sales tax at source, supported by a detailed IRIS user manual to ensure transparency, efficiency, and compliance.

Dr Kabir Ahmed Sidhu Assumes Charge as SECP Chairman, Sets Reform-Driven Agenda for Pakistan’s Financial Sector

Dr Kabir Ahmed Sidhu takes charge as SECP Chairman, pledging reforms in insurance, capital markets, non-banking finance, and digital transformation to enhance financial inclusion and economic growth.

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SMEDA Announces Pakistan’s Inaugural SME Cluster Showcase Expo 2026

SMEDA will host Pakistan’s first SME Cluster Showcase Expo 2026 in Lahore from January 24 to 26, aiming to highlight SME excellence and connect businesses with investors and policymakers.

Pakistan’s U Bank & Digitt+ Partner in PKR 10 Billion Deal to Revolutionize

Pakistani fintech company Kistpay has emerged victorious at the...

TPL RMC Joins Hands with Topline Securities and Growth Securities to Expand REIT Fundraising in Pakistan

TPL REIT Management Company has entered a strategic partnership with Topline Securities and Growth Securities to strengthen fundraising efforts for REITs in Pakistan, aiming to deepen investor participation and attract capital into the real estate sector.

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