SBP Issues Procedure for Fee-Free Remittance Disbursement Through Raast
The State Bank of Pakistan has issued a procedure allowing approved exchange companies to disburse inward remittances through Raast without charging beneficiaries, supporting digital payments and transparency.
SBP Governor Urges Human Judgment in AI-Driven Banking Decisions
SBP Governor Jameel Ahmad stresses the importance of human oversight in AI-driven banking decisions, highlighting digital payments growth and Shariah-aligned innovation at AlBaraka Forum Pakistan 2026.
Meezan Bank and PIA Collaborate to Enhance Travel Convenience for Debit Cardholders
Meezan Bank Limited has partnered with Pakistan International Airlines (PIA) to provide exclusive discounts and seamless flight booking for debit cardholders, enhancing customer convenience and digital payment solutions.
Visa Partners with easypaisa Digital Bank to Boost Card Transactions Nationwide
Visa and easypaisa Digital Bank have entered a strategic partnership to expand Visa card issuance and usage in Pakistan, enhance cross-border payments, and strengthen the country’s digital payment ecosystem.
Pakistan Explores Stablecoin-Based Cross-Border Payments in Digital Finance Push
Pakistan signs an MoU with SC Financial Technologies to explore digital payment infrastructure and potential use of the USD1 stablecoin, signaling growing global interest in the country’s digital finance ecosystem.
SBP launches Pakistan Financial Inclusion Index, inclusion level reaches 58.1 in 2024
The State Bank of Pakistan has introduced the Pakistan Financial Inclusion Index (P-FII), revealing an overall inclusion score of 58.1 in 2024 and strengthening evidence-based policymaking under NFIS 2024–28.
1LINK Secures Mastercard Certification for Card Personalization Bureau, Enhancing Pakistan’s Payments Infrastructure
1LINK’s PCI-compliant Card Personalization Bureau receives Mastercard certification, supporting PayPak, Mastercard, co-badged, and UPI cards with secure, scalable, and automated card fulfillment services.
BOP and FetchSky Launch BOP Mall to Transform Digital Installment Shopping in Pakistan
The Bank of Punjab collaborates with FetchSky to launch BOP Mall, a dedicated digital marketplace offering secure, installment-based shopping for BOP cardholders, enhancing Pakistan’s e-commerce ecosystem.
Zindigi Recognized for Best Digital Banking Experience in Pakistan at Global FDI Insider Awards
Zindigi, powered by JS Bank, wins the Best Digital Banking Experience award at the FDI Insider Awards, highlighting its innovation in digital payments, lifestyle banking, and financial inclusion for Pakistan’s Gen Z and millennial users.
Pizza Hut and JazzCash Collaboration Introduces Seamless Digital Payments
Pizza Hut Pakistan joins hands with JazzCash to offer customers faster, safer, and more convenient digital payment options, coupled with exclusive discounts.