Tag: QR Code Payments

Zarai Taraqiati Bank Limited signs a strategic agreement with 1LINK to implement the 1Go P2M Raast QR Code payment service to digitize Pakistan agricultural ecosystem.

Payment gateway 1LINK partners with tech firm Evamp and Saanga to deploy 1GO Raast P2M billing services alongside Faysal Bank as the primary settlement institution.

Payment gateway 1LINK partners with merchant aggregator Finnect and settlement provider Faysal Bank to enable dynamic and static QR code transactions.

Khushhali Microfinance Bank goes live on the 1GO Raast P2M service in partnership with 1LINK, enabling merchants to accept digital payments via static QR codes.

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

Punjab IT Board signs agreement with Bank of Punjab to advance PayZen digital payment platform, enabling secure, instant payments, QR code facilities, and API integration.

Pakistan’s finance ministry teams up with Visa to digitize government payments, enhance financial inclusion, and support cashless transactions as part of ongoing economic reforms.

Pakistan’s digital payments ecosystem continues its rapid growth, with a 38% year-on-year increase in transactions, rising digital adoption across retail payments, and expansion of branchless banking agents and QR-enabled merchants nationwide.

Abbasi and Company Pvt. Ltd. has joined Bank AL Habib’s Digital Payment Initiative under the State Bank of Pakistan’s guidance, becoming one of the first PSX brokerage houses to adopt QR-based digital payments, advancing the country’s vision of a cashless and digital economy.

NADRA has introduced multiple digital payment options including JazzCash, Easypaisa, E-Sahulat, and QR code payments for application fees, supporting Pakistan’s cashless economy vision.

The Federal Board of Revenue has updated its Sales Tax Rules 2006, requiring all integrated businesses to enable debit and credit card machines, QR codes, and other digital payment options at every sales point, alongside stricter compliance and monitoring measures.

Islamabad is adopting mandatory M-Tags and a citywide digital parking system, aiming to reduce congestion and promote a fully cashless, tech-driven urban experience through mobile payments and surveillance integration.