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Insights

Pakistan’s Digital Payments Surge in Q1 FY25: SBP Reports 9% Growth

SBP has released its Quarterly Payment Systems Review for Q1 FY25, covering the period from July to September 2024. The report reveals robust growth...

Digital Payments Can Boost Pakistan’s Economy by 7%: Karandaaz Report

A recent report by Karandaaz Pakistan has highlighted the potential of digital payments to significantly boost Pakistan's economy. The report suggests that by reducing...
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Digital Payments Could Boost Pakistan’s GDP by 7% by 2025, Karandaaz Report Finds

The national adoption of digital payments could significantly transform Pakistan’s economy, boosting GDP by 7% by 2025, creating 4...

Pakistan’s IT Sector Faces Freelancer Banking Gap, Government Moves to Address IT Export Remittance Challenges

Despite being home to over 2.3 million freelancers contributing 15% to the country’s IT exports, only 38,000 of them...

Innovation and Financial Inclusion Key to Transforming Pakistan’s Banking Sector: CERP and Alchemy Technologies Report

Embracing innovation, fostering financial inclusion, and advancing SME lending are critical to boosting the efficiency and competitiveness of Pakistan’s...

FY24 Review Highlights Surge in Digital Payments Across Pakistan

Payment Systems Annual Review for FY24 highlights substantial growth in digital payments across Pakistan, marking a significant shift toward...

Raast Surpasses Rs. 20 Trillion in Transactions

SBP announced today that Raast, Pakistan's pioneering instant payment system, has surpassed a significant milestone by processing 892 million...

Overseas Pakistanis Invest $1.532 Billion in Pakistan

Overseas Pakistanis have invested a significant amount of money in Pakistan through the Roshan Digital Account (RDA) initiative, according...