Tag: Digital Payments

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

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

Samsung Pakistan and JazzCash Expand Partnership to Drive BNPL and Digital Financial Inclusion

Samsung Pakistan and JazzCash collaborate to enhance digital retail disbursement solutions focusing on BNPL consumer financing and QR payments in Pakistan.

Allied Bank and 1LINK Forge Strategic Partnership to Advance PayPak Edge and Digital Payment Solutions

Allied Bank Limited and 1LINK collaborate to enhance Pakistan digital payment landscape through PayPak Edge initiatives and co-badged card partnerships.

1LINK and Bank of Punjab Collaborate to Accelerate PayPak Adoption and Digital Payment Innovation

1LINK and Bank of Punjab partner to enhance PayPak growth through co-badged cards and digital initiatives to drive financial inclusion in Pakistan.

US Customs and Border Protection Announces Billions in Reclaimable Import Tariff Refunds

Payoneer highlights a major opportunity for global ecommerce sellers to reclaim billions in US import tariffs through the CBP ACE Portal in 2026.

1LINK and MCB Bank Partner to Accelerate PayPak Growth and Digital Payment Adoption

Leadership from 1LINK and MCB Bank meet to strengthen PayPak card issuance and acquiring initiatives to enhance customer payment convenience across Pakistan in 2026.

Punjab Integrates Excise and EPA Payments Into Unified One App Digital System

Punjab government launches a centralized digital platform to streamline token tax, EPA challans, and traffic fine payments through a single mobile application.

Visa Reports 80 Percent Surge in Pakistan Premium Card Spending During Ramadan and Eid

Visa data reveals a massive spike in consumer activity in Pakistan during Ramadan and Eid 2026, with premium card transactions rising 80 percent and late-night spending soaring.

PayPak and Meezan Bank Partner to Launch Nationwide Spend Campaigns for Cardholders

PayPak signs strategic agreement with Meezan Bank to launch exclusive spend campaigns across Meezan Bank POS and eCommerce merchant network in Pakistan.

SBP Financial Stability Review 2025 Shows Raast Transactions Near Rs 50 Trillion

State Bank of Pakistan reports massive digital growth in 2025 as Raast transactions hit Rs 50 trillion and Roshan Digital Account inflows exceed $11 billion.

1LINK Onboards Foreepay to 1GO Raast P2M Services as Merchant Aggregator

1LINK partners with Foreepay and Faysal Bank to expand Raast P2M services allowing merchants to accept digital payments via dynamic and static QR codes.

Pakistan Passport Offices Transition to Mandatory Cashless Payment System

Interior Minister Mohsin Naqvi mandates a 15-day deadline for all passport offices to adopt cashless payments to eliminate agent interference and improve transparency.