Tag: digital economy

QSPL collaborates with Unikrew Solutions to enhance digital payments, leveraging AI-based eKYC and 1BILL platform integration to boost secure transactions, AML/CFT compliance, and fintech growth across Pakistan.

Pakistan signs MoU with SC Financial Technologies LLC to enhance digital payment systems, cross-border transaction frameworks, and fintech infrastructure, boosting the country’s integration into global digital finance.

Pizza Hut Pakistan collaborates with JazzCash to offer secure, fast, and convenient digital payments, enhancing customer experience and promoting cashless transactions across the country.

Finance Minister Muhammad Aurangzeb makes his first visit to the Pakistan Virtual Asset Regulatory Authority, highlighting government efforts to strengthen virtual asset regulations and promote investor confidence.

NiFT has partnered with easypaisa to launch Digital Cheque Services, enhancing Pakistan’s digital payments ecosystem with secure, seamless, and convenient financial transaction solutions for businesses and consumers.

The Capital Development Authority (CDA) has launched a fully cashless payment system at its One Window Facilitation Center, marking a major milestone in Islamabad’s journey toward becoming Pakistan’s first fully digital and smart city.

JazzCash and KTrade Securities have partnered to enable real-time stock trading directly through the JazzCash app, allowing users to invest in the Pakistan Stock Exchange using their mobile wallets. The collaboration, supported by SECP, PSX, NCCPL, and CDC, aims to expand financial inclusion and democratize access to capital markets.

The Federal Board of Revenue (FBR) has begun consultations with experts to draft legislation for cryptocurrency regulation and taxation in Pakistan, following directives from the Federal Tax Ombudsman.

AliExpress has started adding high taxes at checkout for Pakistani customers—sometimes exceeding 70% of the product value—despite the government’s rollback of the 5% digital presence tax on foreign e-commerce platforms.

Premier Systems’ subsidiary, Premier Code Pvt. Ltd., has signed a Joint Technology Transfer and Development Agreement with Fujian Centerm Information Co. Ltd. at the B2B Investment Forum in Beijing, marking a major step toward local POS manufacturing and advancing Pakistan’s digital payments ecosystem.

Visa’s latest Retail Spend Monitor shows record growth in premium card spending in Pakistan, with digital payments surging 110% and travel spend rising sharply during the 2025 summer holiday period.

Haball CEO Omer bin Ahsan emphasizes the growing role of B2B digital payments in Pakistan, highlighting instant settlement, contextualization, and regulatory support as key drivers of fintech-led economic growth.