Tag: Raast Pakistan

PayFast and Askari Bank Drive Digital Payment Innovation with Raast-Powered Checkout Solution

PayFast and Askari Bank have partnered to introduce a Raast-powered white-label checkout solution, enhancing digital payments for merchants and consumers while advancing Pakistan’s cashless economy.

Pakistan Joins Arab Buna Payment Platform for Faster and Secure Remittances

Pakistan has joined the Arab Monetary Fund’s Buna payment platform to enable secure cross-border inflows from overseas Pakistanis. The move aims to accelerate digital remittances and support SBP’s cashless economy target by June 2026.

Only 3% of Pakistan’s 5 Million Retailers Use POS Systems, Reveals SBP; Karandaaz Launches RAAST Onboarding Drive

Only 3% of Pakistan's 5 million retailers use POS systems, says SBP. Karandaaz launches the RMOFE initiative to expand Raast-based digital payments across underserved retail markets.