Governor SBP Highlights Collaboration and Innovation as Key to Pakistan’s Digital Finance Future
Governor State Bank of Pakistan, Jameel Ahmad, stresses collaboration among banks, fintechs, and regulators to accelerate digital financial services, enhance inclusion, and strengthen cybersecurity at the Future of Banking Summit 2025.
Pakistan Showcases FinTech Innovations at Singapore FinTech Festival 2025
Pakistan’s fintech sector shines at Singapore FinTech Festival 2025, with Pakistani companies showcasing innovations, attracting international investors, and fostering global collaborations in digital finance.
Cashless Economy Drive Faces Hurdles as Only 700,000 Retailers Adopt Digital Payments
Pakistan’s cashless economy initiative faces challenges as less than 700,000 retailers currently offer digital payment options, highlighting the gap between government targets and implementation.
Bank of Khyber and Daraz Join Forces to Drive the Next Wave of Digital Commerce in Pakistan
The Bank of Khyber (BoK) has partnered with Daraz to accelerate the future of digital commerce in Pakistan, enhancing convenience, innovation, and financial accessibility for online shoppers and merchants across the country.
CDA Introduces Cashless One Window System to Drive Islamabad’s Digital Transformation
The Capital Development Authority launches a cashless One Window System in Islamabad, enabling digital payments for civic services and moving the capital closer to becoming Pakistan’s first fully digital and smart city.
PayFast Partners with Garaj Cloud by Jazz Business to Strengthen Pakistan’s Digital Payment Infrastructure
PayFast has partnered with Garaj Cloud by Jazz Business to strengthen its cloud infrastructure, ensuring secure, scalable, and reliable digital payment services. This strategic collaboration reinforces Pakistan’s fintech ecosystem and supports the country’s broader shift toward a digital economy.
Askari Bank and 1LINK join hands to drive cashless payments with 1GO Raast P2M acceptance
Askari Bank and 1LINK have signed an agreement to enable 1GO Raast P2M acceptance, allowing merchants to receive secure, instant payments through interoperable QR codes, supporting Pakistan’s move towards a cashless economy.
Karachi’s Historic Bohra Bazaar Goes Fully Cashless with QR-Based Digital Payments
Karachi’s historic Bohra Bazaar has transitioned to a fully cashless system through JazzCash’s QR-based payment solution, empowering merchants and customers with faster, safer, and more transparent digital transactions.
SBP Governor’s Annual Report Highlights Economic Stability, Flags Global and Domestic Risks
The SBP Governor’s Annual Report 2024–25 highlights improved economic stability, lower inflation, and a current account surplus for the first time in 14 years. It warns of global trade shifts, geopolitical tensions, and domestic risks, emphasizing the need for structural reforms and vigilant policymaking.
BOP joins hands with Al Jazira Exchange UAE to enhance global remittance network for overseas Pakistanis
The Bank of Punjab strengthens its international remittance network through a new partnership with Al Jazira Exchange UAE, ensuring faster and more secure money transfers for overseas Pakistanis.