Tag: Raast

CSD Goes Live With Raast QR Payments Across Pakistan Retail Network

Canteen Stores Department has launched Raast QR payments with soundbox devices to support cashless transactions across its retail network.

SBP Caps Digital Payment Charges at Petrol Pumps to Boost Raast Adoption

SBP has capped card payment charges at fuel stations and directed banks to expand Raast QR acceptance until January 31, 2027.

PayPak Cards May Become Mandatory for Government Salaries and Subsidies

1LINK has proposed mandatory PayPak cards for government salaries, subsidies and public payments as Pakistan expands domestic digital payment infrastructure.

Federal Government Establishes GPRTU to Integrate Public Payments With Raast

The Finance Division launches the Government Payments and Receipts Transformation Unit to integrate federal institutions with the Raast instant payment system.

JazzCash Named First Pakistani Fintech on CNBC Statista 2026 List

JazzCash has become the first Pakistani company to feature on CNBC and Statista's World's Top Fintech Companies 2026 list, recognised in the Payments category.

Prime Minister Shehbaz Sharif Applauds Historic Increase in QR Code Payments and National Digital Wallet Adoption

Pakistan reports a massive surge in mobile banking application usage and merchant onboarding as the federal government mandates a full transition to digital channels

State Bank of Pakistan Confirms New Fee Structure and Digital Wallet Rollout Plan for BISP Beneficiaries

SBP Deputy Governor Saleem Ullah confirms BISP beneficiaries will pay fee for cash withdrawals as central bank mandates digital wallet shift by end of year.

Karandaaz Pakistan and DigiKhata Form Strategic Alliance to Launch First Embedded Finance Facility for Small Retailers

Karandaaz Pakistan and DigiKhata Financial Services launch a pioneering Embedded Finance Facility to drive merchant digital payment adoption and formal credit access.

Easypaisa Partners with Servis Retail to Deploy Raast QR Payments and Soundbox Across Three Hundred Stores Nationwide

Easypaisa collaborates with Servis Retail to launch Raast-enabled QR payments and Soundbox solutions across Pakistan, boosting digital retail payments.

Khyber Pakhtunkhwa Government Mandates Cashless Channels for All Government Receipts by September

The KP provincial government transitions to a fully digital payment infrastructure to enhance revenue collection and public transparency.

RapidGateway Launches Non Custodial Stablecoin Settlement for E Commerce Merchants in Pakistan

Pakistani payment gateway RapidGateway introduces real time non custodial USDT and USDC stablecoin settlements for e commerce merchants alongside standard digital rails.

Premier PayFast Launches Payment Links to Streamline Digital Billing for Freelancers and Small Businesses

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