Pakistan Moves Toward Cashless Trade as SBP and LCCI Launch QR Code Payment System
The State Bank of Pakistan and the Lahore Chamber of Commerce and Industry are rolling out a QR code payment system to promote cashless transactions and streamline digital payments for businesses.
Islamabad Advances Cashless Economy With Raast QR Code System Across City
Islamabad begins citywide rollout of Raast QR-code payment system covering commercial centres, malls, markets, and transport services as part of Pakistan’s first fully cashless city initiative.
Bank Alfalah Launches Alfa Business Merchant Payment Solutions To Drive Cashless Economy
Bank Alfalah introduces Alfa Business – Merchants Payment Solutions to digitise transactions for merchants across Pakistan, offering QR payments, digital khatas, instant financing, and on-the-spot account services.
Allied Bank Launches Pakistan’s First RAAST-Enabled Cash Deposit Machines, Advancing the Shift Toward a Cashless Economy
Allied Bank becomes the first bank in Pakistan to introduce RAAST-enabled Cash Deposit Machines, enabling instant cross-bank deposits and accelerating the country’s transition toward a modern digital payments ecosystem.
JazzCash Expands RAAST QR Payments to 400+ Fuel Stations Boosting Pakistan’s Cashless Economy
JazzCash accelerates Pakistan’s cashless economy by enabling RAAST QR payments at over 400 fuel stations, processing PKR 20 million+ in transactions and expanding the nation’s digital merchant network.
BankIslami and EFU Life Strengthen Partnership to Promote Shariah-Compliant Protection and Savings
BankIslami and EFU Life Assurance Ltd. have reinforced their partnership to offer Shariah-compliant protection and savings solutions, including EFU Takaful Spiritual Journey Plan and WIN Savings Plan, promoting financial inclusion in Pakistan.
PayFast, Unity Retail, and SLGTrax Launch Rah-e-Raast, Pakistan’s First Merchant-Friendly Raast QR Payment Solution
PayFast, Unity Retail, and SLGTrax have collaborated to introduce Rah-e-Raast, Pakistan’s first merchant-friendly Raast QR payment solution, enabling seamless digital payments directly via parcel airway bills and transforming doorstep transactions.
PayFast, Unity Retail, and SLGTrax Launch ‘Rah-e-Raast’ — Pakistan’s First Merchant-Friendly Raast QR Payment Solution
PayFast, Unity Retail, and SLGTrax have launched Rah-e-Raast, Pakistan’s first merchant-friendly Raast QR payment solution, enabling instant digital payments through QRs printed on parcel airway bills. The initiative supports SBP’s vision of promoting digital inclusion and a cashless economy across Pakistan.
Link International Exchange Partners with SBP to Launch QR-Based Payments under Raast Across 75 Branches Nationwide
Link International Exchange joins hands with the State Bank of Pakistan to roll out QR-based payments under the Raast framework across its 75 branches, marking a key milestone in Pakistan’s journey toward a cashless and digitally inclusive economy.
CDA Introduces Cashless One Window System to Drive Islamabad’s Digital Transformation
The Capital Development Authority launches a cashless One Window System in Islamabad, enabling digital payments for civic services and moving the capital closer to becoming Pakistan’s first fully digital and smart city.