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.
SBP Advocates Cash Flow-Based Financing and Tech-Led Growth at Zahid Husain Memorial Lecture
At the 25th Zahid Husain Memorial Lecture, SBP emphasizes structural reforms, cash flow-based lending, and technology-led initiatives to foster inclusive and sustainable economic growth in Pakistan.
PayPak Partners with Bank Alfalah to Boost eCommerce Transactions with Exclusive Discounts
PayPak and Bank Alfalah have partnered to launch nationwide eCommerce discount campaigns for PayPak cardholders, aiming to enhance digital payments and drive online transactions across Bank Alfalah’s merchant network.
Fauji Foundation Signs LOI With Binance for Blockchain and Crypto Collaboration in Pakistan
Fauji Foundation has signed a Letter of Intent with Binance to explore collaboration in blockchain, cryptocurrency, digital payments and Web3 in Pakistan, focusing on infrastructure, education and innovation.
BISP Transitions to Fully Digital Payments for 10 Million Women with Mobile Wallet Accounts
Over 10 million women under Pakistan’s Benazir Income Support Programme have received mobile wallet accounts, enabling digital cash transfers and reducing reliance on agents, with full digital payments targeted by June 2026.
Zindigi JS Bank and Albario Partner to Enable Digital Payments at EV Charging Stations
Zindigi JS Bank has partnered with Albario Engineering to integrate Raast QR, POS, and in-app payment solutions across Pakistan’s electric vehicle charging stations, supporting a cashless economy and the country’s clean-energy initiatives.