Tag: Cashless Economy

National Bank of Pakistan NBP Receives SBP Approval for Raast P2M Commercial Launch

Regulatory webdesk -
National Bank of Pakistan NBP secures regulatory approval from State Bank of Pakistan for Raast Person to Merchant P2M acquiring to boost digital payments.

Farhan Hassan Outlines Pakistan Digital Banking Transformation at Money20/20 Asia

DX webdesk -
Farhan Hassan Chief Digital Officer at easypaisa digital bank discusses Pakistan financial inclusion growth and the transition to a cashless economy at Money20/20 Asia.

NBP Digital Banking Group Launches Raast QR Code Payment Solution for Government Receipts

FinTech webdesk -
National Bank of Pakistan successfully pilots a Raast QR payment solution at its Rawalpindi branch allowing citizens to pay government taxes via any mobile banking app.

Meezan Bank Monthly Card Spend Crosses 45 Billion Mark as Digital Payments Surge

BFSI webdesk -
Meezan Bank reports a record monthly card spend of 45 billion rupees reflecting a massive shift toward digital transactions and cashless payments in Pakistan.

National Bank Of Pakistan Partners With ISTIQEME To Expand QR Based Digital Payments

Payments webdesk -
National Bank of Pakistan partners with ISTIQEME to deploy QR payment solutions, strengthen merchant onboarding, and support digital payment adoption across Pakistan.

Meezan Bank Expands Digital Merchant Network and Raast Integration for Cashless Economy

FinTech webdesk -
Meezan Bank accelerates Pakistan digital payments by onboarding 50000 merchants and integrating Raast to drive financial inclusion and a documented economy.

JazzCash Reaches 1 Million Raast QR Merchant Milestone to Drive Cashless Economy

FinTech webdesk -
JazzCash celebrates onboarding its 1 millionth Raast QR-enabled merchant, a major step in advancing Pakistan’s digital payment ecosystem and formalizing the economy.

Pakistan Accelerates 2026 Digital Transformation Roadmap

FinTech webdesk -
Pakistan targets a fully digitized economy by June 2026, leveraging a successful 5G spectrum auction and JazzCash’s mobile-first subsidy delivery systems.

State Bank of Pakistan Reports 92 Percent Digital Retail Transaction Share for Q2 FY26

FinTech webdesk -
The SBP Quarterly Payment Systems Report reveals a massive shift toward a cashless economy with digital transactions reaching 92 percent of the retail total.

Zindigi and State Bank of Pakistan Launch Digital Payments Transformation at Lahore Liberty Market

FinTech webdesk -
Zindigi partners with SBP to digitize Lahore’s Liberty Market, introducing Raast QR payments to empower merchants and drive Pakistan toward a cashless economy.

Pakistan Partners with Visa to Strengthen Digital Payments and Promote Cashless Economy

FinTech webdesk -
Pakistan’s finance ministry teams up with Visa to digitize government payments, enhance financial inclusion, and support cashless transactions as part of ongoing economic reforms.

RAAST Digital Payment System Hits Rs. 80 Trillion Milestone, Expands Financial Inclusion

FinTech webdesk -
Pakistan’s instant digital payment platform RAAST has processed over Rs. 80 trillion in transactions, connecting 48 million users and 53 financial institutions, enhancing financial inclusion and promoting a cashless economy.