Tag: Raast QR payments

Zindigi collaborates with the Government of Azad Jammu and Kashmir to enable secure, real-time water bill payments through Raast QR, improving transparency and public service efficiency.

Bank Alfalah launches Alfa Business, a comprehensive digital payment solution designed to digitise merchant transactions, enhance financial inclusion, and support Pakistan’s shift toward a cashless economy through unified payment tools, business management features, and nationwide Digital Payment Centres.

Neem expands its payment infrastructure in Pakistan, enabling businesses like Bostani Chocolatier, AM Fragrance, and Toss Pizzeria to accept online and in-store payments seamlessly. The partnerships highlight Neem’s versatile solutions for e-commerce and offline retail.

BankIslami upgrades its digital Islamic banking platform ‘aik’ with enhanced features, improved user experience, Raast QR payments, and new Islamic lifestyle tools to drive Shariah-compliant financial inclusion across Pakistan.

The federal government has approved a Rs. 3.5 billion subsidy to promote Raast QR payments in Pakistan, supporting merchant onboarding and digital transactions under the Prime Minister’s Cashless Economy program.

Faysal Bank Limited has partnered with Tapsys to launch Shariah-compliant digital acceptance solutions for SMEs across Pakistan, including POS systems and Raast QR-based payments, supporting the cashless economy vision.

SBP introduces a unified framework to simplify and digitize the account opening process across banks, allowing individuals and businesses to open accounts within two days and access digital payment solutions.