Pakistan Digital Payments Hit 92 Percent Share as Cashless Economy Accelerates
State Bank of Pakistan’s latest report reveals a massive shift toward digital channels, with retail transactions reaching PKR 167 trillion and Raast leading the growth.
NBP Hosts 2nd Merchant Sales Conference in Lahore to Drive Digital Ecosystem
National Bank of Pakistan (NBP) and Golootlo collaborate in Lahore to strengthen the cashless payments landscape and merchant acceptance nationwide.
Zindigi and SBP Digitization of Lahore’s Liberty Market to Drive Cashless Economy
Zindigi by JS Bank and the State Bank of Pakistan (SBP) inaugurate the digitization of Lahore’s Liberty Market using Raast QR for instant merchant payments.
Visa Convenes Pakistan Financial Leaders to Strategize Stablecoin Integration and Digital Asset Growth
Visa leads a high-level roundtable with Pakistani banks and fintechs to explore how regulated stablecoins can modernize remittances and cross-border settlements.
Easypaisa Digital Bank Records Massive Profit of Rs 17.04 Billion for 2025
Easypaisa Digital Bank reports an impressive Profit After Tax of Rs 17.04 billion in 2025 marking a historic milestone in Pakistans fintech and digital retail banking sector.
Meezan Bank Launches Raast QR Payments at Nando’s Pakistan to Boost Digital Transactions
Meezan Bank implements Meezan Raast QR at Nando’s Pakistan, enabling seamless, Shariah-compliant digital payments, supporting the State Bank of Pakistan’s cashless and financial inclusion initiatives.
Sadaqat Ali Appointed Head of Digital Payment Solutions at Askari Bank, Driving Fintech Innovation in Pakistan
Sadaqat Ali joins Askari Bank as Head of Digital Payment Solutions, bringing extensive expertise in digital banking to strengthen the bank’s payment ecosystem and customer-focused financial services.
PITB and Bank of Punjab Strengthen PayZen Digital Payments for Instant and Secure Transactions
Punjab Information Technology Board (PITB) signs MoU with Bank of Punjab to enhance PayZen digital payment platform, offering instant payments, QR code services, IPG integration, and improved financial inclusion.
World Bank, Punjab Revenue Authority agree on roadmap to promote cashless economy
World Bank delegation meets PRA chairman to advance digital payments, tax system digitalisation and cashless economy reforms in Punjab.
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.