Tag: Mobile Wallets

The State Bank of Pakistan introduces a central digital payment assessment survey to gather crucial user feedback on Raast and mobile banking channels. The State Bank of Pakistan introduces a central digital payment assessment survey to gather crucial user feedback on Raast and mobile banking channels.

Punjab Revenue Authority adjusts the provincial sales tax on digital restaurant payments from 5% to 8% while maintaining standard cash transaction rates at 16% under the Punjab Finance Bill 2026.

Benazir Income Support Programme partners with 1LINK and leading financial institutions to launch interoperable payment withdrawals for social protection beneficiaries across Pakistan.

The latest Visa consumer survey in Pakistan highlights how dual forces of AI adoption and social media fraud are rapidly reshaping the national e-commerce ecosystem.

The Benazir Income Support Programme transitions all beneficiary payments to a digital wallet system by July 2026 to ensure security and prevent fraud.

Fintech platform Premier PayFast introduces a web free payment link solution allowing micro merchants and freelancers to accept secure instant payments across Pakistan.

JazzCash introduces Yeylo within its app to offer Buy Now Pay Later BNPL functionality with simple three-part installments and digital brand discovery.

The State Bank of Pakistan significantly expands its digital payments campaign to 96 cattle markets nationwide for Eid al Azha 2026 with 22 participating banks.

easypaisa digital bank achieves a historic PKR 1.49 billion profit after tax in Q1 2026 marking a 4.4x increase in profit before tax and serving 22 million active users.

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.

An in-depth analysis of Buy Now Pay Later expansion in emerging markets with a focus on South Asia and Pakistan, examining the BNPL ecosystem, digital lending layers, financial risks, regulatory challenges, and the evolving credit stack across consumers, merchants, and fintech platforms.

JazzCash and Mobilink Bank become the exclusive partners for Khyber Pakhtunkhwa’s Ehsaas Fuel Support Scheme to digitize fuel subsidy distributions.