Tag: cashless Pakistan

Zindigi introduces Pakistan’s first fully digital fintech credit card, offering instant approval, no paperwork, and full app control for modern users.

The Finance Division has drafted amendments to the PS&EFT Act, mandating at least one digital payment mode including QR codes, while the government accelerates digitization across public and provincial departments to strengthen Pakistan’s cashless economy.

Allied Bank introduces Pakistan’s first RAAST-enabled Cash Deposit Machines, enabling instant, interoperable cash deposits into any bank account. This innovation enhances convenience, accelerates the transition toward a cashless economy, and supports financial inclusion across the country.

BankIslami upgrades its digital Islamic banking platform ‘aik’ with enhanced features, improved user experience, Raast QR payments, and new Islamic lifestyle tools to drive Shariah-compliant financial inclusion across Pakistan.

National Bank of Pakistan partners with NIFT to launch digital cheque services, including mobile cheque deposits, enhancing banking efficiency, convenience, and security across Pakistan.

JS Bank and Visa extend their strategic partnership in Pakistan to enhance digital banking, promote financial inclusion, and deliver innovative payment solutions for consumers and businesses.

PRAL organizes a Digital Invoicing Awareness Seminar in Sialkot, guiding local businesses to integrate with FBR’s platform and promoting a digitally empowered, transparent, and future-ready Pakistan.

PayFast, in collaboration with Unity Retail and SLGTrax, has launched Rah-e-Raast, Pakistan’s first merchant-friendly Raast QR payment solution. The innovation enables digital payments directly via QR codes printed on parcel airway bills, streamlining last-mile collections and supporting the State Bank of Pakistan’s vision for a cashless and digitally inclusive economy.

Swich has become the first homegrown payment facilitator to power digital payments at Khaadi Corporation, enabling multiple payment options and advancing Pakistan’s fintech-driven retail transformation.

Digitt+ has partnered with Dukan to integrate its Open API infrastructure into Dukan’s platform, enabling seamless merchant wallet registration and embedded financial services to support Pakistan’s retail and SME sectors.