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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.
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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.
Premier Systems’ Subsidiary Premier Code Signs Technology Transfer Deal with Fujian Centerm to Boost Pakistan’s Digital Payments
Premier Systems’ subsidiary, Premier Code Pvt. Ltd., has signed a Joint Technology Transfer and Development Agreement with Fujian Centerm Information Co. Ltd. at the B2B Investment Forum in Beijing, marking a major step toward local POS manufacturing and advancing Pakistan’s digital payments ecosystem.
Hot topics
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.
Ideofuzion and Edversity Partner to Develop Pakistan’s Web3 Ecosystem and Talent
Ideofuzion and Edversity sign a memorandum of understanding to advance Pakistan’s Web3 ecosystem, focusing on education, skill development, and opportunities for students and professionals in the decentralized economy.
JazzCash Launches Women Account to Promote Digital and Financial Inclusion in Pakistan
JazzCash introduces the Women Account and hosts a high-level panel with UN Women, SBP, Karandaaz, and Women Chamber of Commerce to advance digital financial inclusion and women’s economic empowerment.
Islamabad International Airport Goes Fully Cashless, Introduces Mobile Payment System
Islamabad International Airport transitions to a fully cashless system, allowing passengers to pay all fees via a mobile app, improving efficiency, transparency, and passenger convenience.
New Focal Person Appointed for Crypto and Blockchain at Prime Minister’s Youth Programme to Drive Digital Innovation
Pakistan appoints Focal Person for Crypto & Blockchain under PMYP to strengthen local ecosystem, promote youth engagement, and drive capacity-building in digital finance and blockchain technology.
Bithumb Accidentally Distributes $44 Billion in Bitcoin, Sparks Market Volatility and Regulatory Action
South Korean crypto exchange Bithumb mistakenly distributed over $40 billion worth of bitcoin as promotional rewards, causing a sharp selloff and prompting regulators to review crypto exchange controls.
LUMS Center for Digital Assets Research Partners with Binance Academy for Crypto Seminar
LUMS CEDAR, in collaboration with Binance Academy, invites participants to a seminar on cryptocurrency fundamentals, blockchain technology, and digital assets on 9th February 2026 at LUMS.
Mari Technologies, HTX Sign LOI to Advance Blockchain, Crypto and Web3 Ecosystem in Pakistan
Mari Technologies and global digital asset exchange HTX have signed a Letter of Intent to explore collaboration in blockchain, cryptocurrency, payments, and Web3 technologies, supporting Pakistan’s digital economy and financial inclusion goals.
Pakistan Advances Digital Asset Regulation as Finance Minister Engages Icoin Technology
Finance Minister Muhammad Aurangzeb says Pakistan is at a critical early stage of shaping its digital asset ecosystem as talks with U.S.-based Icoin Technology focus on regulation, innovation, and financial inclusion.
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.
Premier Systems’ Subsidiary Premier Code Signs Technology Transfer Deal with Fujian Centerm to Boost Pakistan’s Digital Payments
Premier Systems’ subsidiary, Premier Code Pvt. Ltd., has signed a Joint Technology Transfer and Development Agreement with Fujian Centerm Information Co. Ltd. at the B2B Investment Forum in Beijing, marking a major step toward local POS manufacturing and advancing Pakistan’s digital payments ecosystem.
Chez Wallet intends to explore the implosive world of financial technology, blending first hand insight, opinion and expertise with observational journalism to provide a balanced and comprehensive perspective of this rapidly evolving industry.
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