Soneri Bank Teams Up with Euronet Pakistan to Modernize Credit Cards and Payments
Soneri Bank partners with Euronet Pakistan to transform its credit card and acquiring business, leveraging managed services, tokenization, and Google Pay integration to enhance digital payments and customer experience in Pakistan.
HBL Partners with UnionPay and PayPak to Introduce Pakistan’s First Co-Badge Debit Card for Domestic and International Payments
HBL launches a co-badge debit card in collaboration with UnionPay International and PayPak, offering enhanced domestic and international payment capability as Pakistan strengthens its digital banking infrastructure.
Pakistan Initiates Independent Audit to Strengthen Cashless Economy Transition
The Government of Pakistan has commissioned an independent audit of its nationwide cashless economy program to ensure transparency, measure impact, and enhance digital payment infrastructure as part of its financial inclusion and governance reform agenda.
Shariah-Compliant aik by BankIslami Expands QR Payments Accessibility for Karachi’s Merchant Community
BankIslami’s digital brand aik launches a Shariah-compliant QR payment activation at Creek Walk Food Street in Karachi, supporting Pakistan’s cashless economy agenda and empowering merchants with secure, interest-free digital payments.
Meezan Bank Expands Strategic Partnership with Visa to Strengthen Premium Digital Debit Card Portfolio
Meezan Bank has renewed and expanded its strategic partnership with Visa to strengthen its debit card offerings, introduce premium lifestyle products, and elevate digital payment experiences across 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.
First Women Bank Limited Integrates with 1GO Raast P2M Service to Empower Merchants
First Women Bank Limited has joined the 1GO Raast P2M platform, enabling merchants across Pakistan to accept digital payments seamlessly, enhancing financial inclusion and streamlining transactions.
Bank Alfalah Partners with CDA to Launch Pakistan’s First Cashless Model City Initiative
Bank Alfalah has joined forces with the Capital Development Authority (CDA) to implement a cash‑less payment system in Islamabad, marking a milestone in Pakistan’s digital finance landscape.
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.
Pakistan Airports Authority Launches Digital Cashless Payment System Nationwide
The Pakistan Airports Authority (PAA) has introduced a nationwide digital cashless payment system across major airports, enabling travelers to make instant payments via QR codes and the Raast real-time payment platform, aligning with Pakistan’s Digital Economy vision.