Tag: digital wallets

Neem has entered Pakistan’s retail segment through a new partnership with DigiKhata, enabling faster payouts, integrated wallet infrastructure, and future embedded lending options for SMEs across the country.

Pakistan’s push toward a cashless economy under Prime Minister Shehbaz Sharif is struggling to gain momentum, with fewer than 700,000 retailers adopting digital payment systems. Despite strong government efforts, resistance from traders and growing cash circulation remain major barriers to digital transformation.

Despite Prime Minister Shehbaz Sharif’s push for a cashless economy, fewer than 700,000 retailers in Pakistan have adopted digital payment systems. The government aims to link 2 million merchants by mid-2026, but resistance from traders and high cash circulation remain key challenges.

Onic Pakistan integrates Google Pay into its digital payment ecosystem, reinforcing its mission to deliver seamless, secure, and instant payment experiences while bridging the gap between telecom and fintech innovation.

The government has ordered an independent audit of the Cashless Economy Initiative 2025 to evaluate its design, implementation, and impact. The review will assess adoption of Raast, QR payments, and government digitization while recommending improvements to strengthen Pakistan’s digital financial future.

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.

Pakistan’s mobile banking users have soared to 22.39 million, marking a 33% jump as the country’s digital banking landscape continues to expand rapidly. New SBP data highlights how smartphones are becoming the primary tool for managing money nationwide.

Jubilee Life Insurance partners with Neem to integrate embedded finance solutions, enabling seamless digital payments and smart agent tools across Pakistan's insurance value chain.

A government committee recommends fast-tracking Pakistan’s shift to a cashless economy with either digital tax breaks or cash surcharges. With the informal sector valued at $140 billion, the future of payment policy will be decided in the upcoming June budget.

Pakistan’s leading digital wallets, JazzCash and easypaisa, introduce QR code payment systems across cattle markets nationwide, enabling safer and more efficient transactions ahead of Eidul Azha and supporting the country’s shift toward a cashless economy.

Neem partners with Leopards Courier Services to digitize logistics payments through a branded wallet app, aiming to improve merchant settlements and financial inclusion in Pakistan’s logistics sector. The collaboration marks Neem’s continued expansion into key sectors through embedded finance solutions.