Tag: digital wallets

Habib Metropolitan Bank partners with global payment technology provider BPC to migrate its legacy transaction architecture to the advanced SmartVista platform.

Leading digital wallet platform easypaisa wins the EFP Gold Recognition Award 2025 for its workplace diversity and inclusion initiatives.

The Pakistani fintech landscape sees significant growth with enhanced resources for digital wallets and new partnerships between platforms like Bankopedia and FintechNews.pk to boost literacy.

Prime Minister Shehbaz Sharif initiates a digital wallet program to distribute fuel subsidies to public and freight transport operators amid global energy price hikes.

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.