Mashreq Pakistan Launches Raast P2M Ecosystem to Expand Digital Payments
Mashreq Pakistan has launched a full Raast payment ecosystem with P2M services, enabling instant QR payments for consumers, merchants and small businesses.
Yango Pakistan Introduces Sharia-Compliant Pay Later Fintech Service for Online Shopping
Yango Pakistan launches its first fintech service, Pay Later, allowing customers to split eligible purchases into equal payments while helping merchants increase sales.
Mastercard and Bank of Khyber Join Hands to Expand Digital Payments Across KP
Mastercard and Bank of Khyber have formed a strategic alliance to expand digital payment solutions across consumer, commercial and government transactions in Khyber Pakhtunkhwa.
NBP Digitizes Passport Fee Payments Through Raast P2M QR
National Bank of Pakistan enables digital passport fee payments through Raast Person-to-Merchant QR, allowing citizens to pay through participating bank mobile applications.
JazzCash Disburses Over Rs90 Billion to 3 Million Beneficiaries in 2026
JazzCash has disbursed more than Rs90 billion through government and development programmes in 2026, reaching over three million beneficiaries across Pakistan.
HBL Islamic Appointed Exclusive Banking Partner For Hajj 2027
HBL Islamic has been appointed exclusive banking partner for Hajj 2027 by the Ministry of Religious Affairs, supporting Shariah compliant payments and digital Hajj applications.
1LINK Welcomes New Board As Pakistan’s Digital Payments Infrastructure Enters New Growth Phase
1LINK has welcomed its newly constituted Board of Directors, led by Bank Alfalah President and Chief Executive Officer Atif Bajwa, as the payment system operator prepares for its next phase of growth and strengthens Pakistan’s digital payments infrastructure.
SBP Caps Card Payment Charges At Fuel Stations To Boost Digital Payments
State Bank of Pakistan caps Merchant Discount Rate at Rs1 per litre and Interchange Reimbursement Fee at Rs0.20 per litre for fuel station card payments until January 2027.
State Bank of Pakistan Reports Surge in Digital Payments Capturing Massive Share of Retail Transactions
The State Bank of Pakistan latest quarterly report reveals that digital payment channels processed 92 percent of total retail transactions as electronic banking usage surges nationwide.
SBP Payment Systems Data Triggers Paradigm Shift in Digital Financial Services
The State Bank of Pakistan released its Q3 FY26 Payment Systems Review, revealing rapid digital payment migration with retail transaction volumes surging.