Easypaisa Offers QR Code Payments for Eid-ul-Azha Animal Purchases in Pakistan

Easypaisa is making buying sacrificial animals for Eid-ul-Azha easier and faster with its new in-app QR code payment system.

This initiative is part of the SBP’s drive to promote digital payments. It aims to streamline transactions for both buyers and sellers during the busy Eid season.

Easypaisa’s QR code feature integrates with Raast, Pakistan’s instant payment network. This allows seamless money transfers between Easypaisa users and users of other digital wallets at participating cattle markets nationwide.

“We are committed to SBP’s vision of financial inclusion,” said Shahmeer Nadeem, Head of Product Management at Easypaisa. “This QR payment system will digitize animal purchases, traditionally a cash-based transaction, offering a convenient experience for our users during Eid.”

The Easypaisa app allows users to both send and receive payments using QR codes. Sending involves scanning the seller’s code and entering the amount, while receiving involves displaying a QR code for the seller to scan.

This initiative highlights Easypaisa’s role in advancing Pakistan’s digital financial landscape. Aligned with SBP’s goals, Easypaisa continues to transform the nation’s financial services sector.

Hot this week

IBM and MIT Launch Computing Research Lab to Advance AI and Quantum Hybrid Systems

IBM and MIT expand their partnership with the new MIT-IBM Computing Research Lab focusing on the convergence of artificial intelligence and quantum computing.

Pakistan Passport Offices Transition to Mandatory Cashless Payment System

Interior Minister Mohsin Naqvi mandates a 15-day deadline for all passport offices to adopt cashless payments to eliminate agent interference and improve transparency.

Cross-Border Payment Gaps Drain 1.6 Billion Dollars from Pakistan E-Commerce Yearly

A new Payoneer report reveals that Pakistan’s e-commerce sector loses $1.61 billion annually due to checkout inefficiencies and cross-border payment friction.

EFU Life Insurance Achieves 100 Percent Success in BCP Validation and ISO 27001 Alignment

EFU Life Insurance completes a comprehensive Business Continuity Plan validation exercise with a 100 percent success rate ensuring operational resilience and ISO 27001 compliance.

1LINK Hosts Strategic Engagement Sessions with Member Banks to Streamline 1GO Raast Digital Payment Operations

1LINK (Pvt) Limited conducts industry engagement sessions with partner banks to align on operating guidelines for 1GO Raast P2M, POS, and eCommerce digital payment solutions.

Topics

IBM and MIT Launch Computing Research Lab to Advance AI and Quantum Hybrid Systems

IBM and MIT expand their partnership with the new MIT-IBM Computing Research Lab focusing on the convergence of artificial intelligence and quantum computing.

Pakistan Passport Offices Transition to Mandatory Cashless Payment System

Interior Minister Mohsin Naqvi mandates a 15-day deadline for all passport offices to adopt cashless payments to eliminate agent interference and improve transparency.

Cross-Border Payment Gaps Drain 1.6 Billion Dollars from Pakistan E-Commerce Yearly

A new Payoneer report reveals that Pakistan’s e-commerce sector loses $1.61 billion annually due to checkout inefficiencies and cross-border payment friction.

EFU Life Insurance Achieves 100 Percent Success in BCP Validation and ISO 27001 Alignment

EFU Life Insurance completes a comprehensive Business Continuity Plan validation exercise with a 100 percent success rate ensuring operational resilience and ISO 27001 compliance.

1LINK Hosts Strategic Engagement Sessions with Member Banks to Streamline 1GO Raast Digital Payment Operations

1LINK (Pvt) Limited conducts industry engagement sessions with partner banks to align on operating guidelines for 1GO Raast P2M, POS, and eCommerce digital payment solutions.

OKX Launches Agent Payments Protocol to Power Full AI Business Cycles Across Global Blockchains

OKX introduces the Agent Payments Protocol (APP), an open standard enabling AI agents to handle autonomous commerce, negotiations, and escrow across multiple blockchains.

Meta Reenters Crypto Space with USDC Stablecoin Payouts for Creators via Solana and Polygon

Meta launches digital currency payouts for creators in Colombia and the Philippines using USDC on Solana and Polygon blockchains following new regulatory frameworks.

US Treasury Seizes 500 Million Dollars in Iranian Crypto Assets Under Operation Economic Fury

Treasury Secretary Scott Bessent details a massive economic pressure campaign against Iran involving crypto seizures, asset freezes, and secondary sanctions on oil buyers.
spot_img

Related Articles

Popular Categories

spot_imgspot_img