PayPak Partners with Bank Alfalah to Boost eCommerce Transactions with Exclusive Discounts
PayPak and Bank Alfalah have partnered to launch nationwide eCommerce discount campaigns for PayPak cardholders, aiming to enhance digital payments and drive online transactions across Bank Alfalah’s merchant network.
Fauji Foundation Signs LOI With Binance for Blockchain and Crypto Collaboration in Pakistan
Fauji Foundation has signed a Letter of Intent with Binance to explore collaboration in blockchain, cryptocurrency, digital payments and Web3 in Pakistan, focusing on infrastructure, education and innovation.
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 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.
Visa and Euronet Partner to Enable Real-Time Clearing and Expand Digital Payments in Pakistan
Visa and Euronet Pakistan have partnered to launch Visa SMS, introducing real-time clearing and settlement for POS transactions. The initiative aims to enhance efficiency, accelerate merchant onboarding, and expand digital payment acceptance across Pakistan.
Neem expands into retail with DigiKhata partnership to accelerate SME payouts in Pakistan
Neem has partnered with DigiKhata to introduce instant and secure payout capabilities for SMEs in Pakistan, integrating its wallet and ledger infrastructure into DigiKhata’s platform while setting the stage for future embedded lending solutions.
Governor SBP Highlights Collaboration and Innovation as Key to Pakistan’s Digital Finance Future
Governor State Bank of Pakistan, Jameel Ahmad, stresses collaboration among banks, fintechs, and regulators to accelerate digital financial services, enhance inclusion, and strengthen cybersecurity at the Future of Banking Summit 2025.
Pakistan Showcases FinTech Innovations at Singapore FinTech Festival 2025
Pakistan’s fintech sector shines at Singapore FinTech Festival 2025, with Pakistani companies showcasing innovations, attracting international investors, and fostering global collaborations in digital finance.
Cashless Economy Drive Faces Hurdles as Only 700,000 Retailers Adopt Digital Payments
Pakistan’s cashless economy initiative faces challenges as less than 700,000 retailers currently offer digital payment options, highlighting the gap between government targets and implementation.