APTMA and CAP Collaborate to Expand Pakistani Textile Brands Globally
All Pakistan Textile Mills Association and Chainstores Association of Pakistan agree to promote Pakistani textile and apparel brands internationally and strengthen exports.
State Bank Rejects Claims Linking Raast To Money Laundering
State Bank of Pakistan clarifies that FATF did not identify Raast as a money laundering mechanism or raise concerns about the integrity of Pakistan’s instant payment system.
Pakistan Cashless Dashboard To Track New Targets And Real-Time Digital Payment Indicators
Pakistan’s Cashless Dashboard will receive annual targets and new indicators to improve real-time monitoring, merchant adoption, digital payments and government disbursements.
Jazz And iTecknologi To Launch Drivver With Free Network Access And JazzCash Payments
Jazz and iTecknologi have partnered to launch Drivver, a ride hailing platform combining mobility, connectivity, JazzCash payments and financial services.
SBP Designates NIFT As Payment System Operator Under New Regulatory Framework
State Bank of Pakistan formally designates National Institutional Facilitation Technologies as a Payment System Operator, recognising its role in Pakistan’s payment infrastructure and cheque clearing network.
Zindigi And DAT AI Systems Sign MoU For Digital Payments And Financial Solutions
Zindigi and DAT AI Systems sign an MoU to explore digital payments, identity, fee collection, wallets, disbursements and institutional technology solutions.
FPCCI Calls For Tax Incentives To Accelerate Digital Payments In Pakistan
FPCCI has called for tax relief, cashback schemes and other incentives to increase digital payments, improve documentation and broaden Pakistan’s tax base.
JazzCash Crosses 62 Million Registered Customers as Digital Transactions Surge
JazzCash crosses 62 million registered customers after processing Rs19.6 trillion in Gross Transaction Value, while expanding digital payments, lending and investment services.
Mobilink Bank, Yango Pakistan Partner to Offer Shariah-Compliant Vehicle and Handset Financing
Mobilink Bank and Yango Pakistan have partnered to provide eligible drivers and couriers with Shariah-compliant vehicle and handset financing, Takaful protection and digital banking services.
Pakistan Could Save $400 Million In Remittance Costs Through Regulated Stablecoins
Pakistan could save around $400 million annually by reducing remittance costs through regulated stablecoins as the government develops a broader virtual assets framework.