Tag: cashless payments Pakistan

Punjab Revenue Authority has mandated Raast QR code–based digital payments for restaurants, hotels, and beauty parlours, requiring SBP-linked QR accounts within 14 days to enhance transparency and documentation.

Bank Alfalah partners with Euro Oil Pakistan to deploy Raast P2M QR payments at over 150 fuel stations, advancing Pakistan’s cashless economy and promoting convenient digital transactions nationwide.

The Bank of Punjab (BOP) and Mastercard have partnered to digitize agriculture and MSME sectors in Pakistan, launching instant credit cards and digital payment solutions to drive financial inclusion and support cashless transactions.

JazzCash has launched its Reward Hub, a gamified platform that allows users to progress through Bronze, Silver, Gold, and Platinum tiers while unlocking rewards and participating in lucky draws. The platform enhances engagement, promotes digital financial inclusion, and offers a scalable solution for long-term customer retention in Pakistan’s fintech sector.

The Capital Development Authority (CDA) has made QR codes mandatory for all payments in Islamabad, aiming to make it Pakistan’s first fully cashless city. The move will cover businesses of all sizes, integrate with the Raast system, and digitize all CDA-related payments, promoting transparency and financial inclusion.