Ogra Mandates Digital Payments Across Oil and Gas Sector by October 31
The Oil and Gas Regulatory Authority has directed all licensed entities, including fuel stations, refineries, and utilities, to adopt digital payment solutions such as Raast QR codes by October 31, 2025, in a major push towards a cashless economy.
SECP Orders Licensed Entities to Mandatorily Display Raast QR Codes by October 2025
The SECP has mandated all licensed entities, including NBFCs, insurance companies, Modarabas, and brokers, to adopt and display Raast QR Codes by October 31, 2025. The directive aims to strengthen Pakistan’s digital payment ecosystem, enhance financial inclusion, and support the transition toward a cashless economy.
Government Accelerates Raast Expansion and Digital Economy Drive: PM
Prime Minister Shehbaz Sharif has directed provinces to expand Raast to the district level as part of the government’s drive towards a cashless economy. Plans include digital IDs for all citizens, stronger payment linkages, and expanded fibre infrastructure to accelerate financial inclusion.
FBR Imposes Rs. 200,000 Limit on Cash-on-Delivery E-Commerce Payments
The Federal Board of Revenue has set a Rs. 200,000 cap for Cash-on-Delivery transactions in e-commerce, aiming to promote digital payments and enhance transparency.
NBP Broadens Digital Services Across Institutions to Accelerate Cashless Economy Vision
National Bank of Pakistan expands its digital services to major institutions including LESCO, WASA, and Punjab University, enabling seamless bill and fee payments, accelerating the country’s shift toward a secure and inclusive cashless economy.
Jazz Leadership Champions Digital Inclusion and Cashless Economy at GSMA Digital Nation Summit
At the GSMA Digital Nation Summit in Islamabad, Jazz leaders Aamir Ibrahim and Kazim Mujtaba highlighted Pakistan’s path to digital inclusion through affordable connectivity, fintech innovation, and gender-focused strategies for a cashless future.
Allied Bank Introduces Mobile Tap-and-Pay on UPI-PayPak Cards Through Tokenization Technology
Allied Bank partners with UnionPay International and Paysys Labs to launch mobile Tap-and-Pay functionality using tokenized UPI-PayPak debit cards, setting a new standard in secure, contactless payments in Pakistan.