Tag: SBP

National Bank of Pakistan NBP Receives SBP Approval for Raast P2M Commercial Launch

National Bank of Pakistan NBP secures regulatory approval from State Bank of Pakistan for Raast Person to Merchant P2M acquiring to boost digital payments.

1LINK and Bank of Punjab Collaborate to Accelerate PayPak Adoption and Digital Payment Innovation

1LINK and Bank of Punjab partner to enhance PayPak growth through co-badged cards and digital initiatives to drive financial inclusion in Pakistan.

RDA Inflows Hit Historic 320 Million Dollars as Overseas Pakistanis Boost Digital Economy Confidence

Pakistan records a historic surge in Roshan Digital Account inflows reaching 320 million dollars in April 2024 signaling strong overseas confidence in digital banking.

SBP Financial Stability Review 2025 Shows Raast Transactions Near Rs 50 Trillion

State Bank of Pakistan reports massive digital growth in 2025 as Raast transactions hit Rs 50 trillion and Roshan Digital Account inflows exceed $11 billion.

State Bank of Pakistan and EXIM Bank Collaborate to Strengthen National Export Refinance Framework

The State Bank of Pakistan and EXIM Bank of Pakistan enhance the Export Refinance Facility to support national exporters and drive foreign exchange growth through strategic financial reforms.

Pakistan Fintech Ecosystem Expands as New Digital Resources and Wallet Services Drive Financial Inclusion

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.

Allied Bank Partners with UnionPay and Paysys Labs to Launch Mobile Tap and Pay Contactless Payments in Pakistan

Allied Bank Limited launches secure Mobile Tap and Pay services using HCE tokenization technology in collaboration with UnionPay International and Paysys Labs to enhance digital banking.

Jazz Business Partners with Local Enterprises to Drive Digital Transformation and AI Innovation in Pakistan

Jazz Business accelerates Pakistan’s digital economy through strategic partnerships and AI-led initiatives, fostering innovation across fintech, cloud services, and enterprise solutions.

Chairman PVARA Bilal bin Saqib Outlines Vision to Transform Digital Assets into Key Economic Engine for Pakistan

Minister of State and Chairman PVARA Bilal bin Saqib announces intensified efforts to regulate the digital assets market and integrate blockchain technology into Pakistan's formal economy.

Prime Minister Shehbaz Sharif Directs Fast Track Operationalization of International Standard Virtual Asset Regulations

PM Shehbaz Sharif meets PVARA Chairman Bilal Bin Saqib to expedite Pakistan virtual asset framework and launch AI powered digital economy initiatives.

1LINK Hosts Strategic Engagement Sessions with Member Banks to Streamline 1GO Raast Digital Payment Operations

1LINK (Pvt) Limited conducts industry engagement sessions with partner banks to align on operating guidelines for 1GO Raast P2M, POS, and eCommerce digital payment solutions.

ECAP Chairman Malik Bostan Predicts Crypto Adoption Could Push Remittances to 50 Billion Dollars

Malik Bostan and Pakistan Crypto Council discuss how digital assets and formal crypto licensing could lower transaction costs and significantly boost national remittance inflows.