Pakistan’s RAAST Processes Rs80 Trillion in Transactions, User Base Crosses 48 Million
Pakistan’s instant payment system RAAST has processed over Rs80 trillion through more than 3 billion transactions since launch, as the Prime Minister calls for faster adoption to strengthen financial inclusion and a cashless economy.
Pakistan Accelerates Cashless Economy Drive with Ant Group, Easypaisa Talks on Digital Payments and Financial Inclusion
The Government of Pakistan reviews progress on its national digitization agenda with Ant Group and Easypaisa, focusing on digital payments, financial inclusion, fintech innovation, and a transition to a cashless economy.
JazzCash Drives Financial Digitisation in Pakistan with 55 Million Users and Expanding Merchant Network
JazzCash is transforming Pakistan’s financial landscape by expanding digital payments, supporting over 55 million customers and 650,000 Raast-enabled merchants, advancing transparency and economic formalisation.
BISP Transitions to Fully Digital Payments for 10 Million Women with Mobile Wallet Accounts
Over 10 million women under Pakistan’s Benazir Income Support Programme have received mobile wallet accounts, enabling digital cash transfers and reducing reliance on agents, with full digital payments targeted by June 2026.
Zindigi JS Bank and Albario Partner to Enable Digital Payments at EV Charging Stations
Zindigi JS Bank has partnered with Albario Engineering to integrate Raast QR, POS, and in-app payment solutions across Pakistan’s electric vehicle charging stations, supporting a cashless economy and the country’s clean-energy initiatives.
Pakistan’s Cashless Transition Gains Momentum with Growing RAAST Digital Payments
Pakistan’s journey toward a cashless economy gains pace as RAAST continues to deliver fast, safe and reliable digital payments, with the banking industry working together to expand a secure and inclusive digital ecosystem.
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.