Visa, Mastercard and Ant International Build Trust Framework for AI Payment Agents
Visa, Mastercard and Ant International are collaborating on a Know-Your-Agent framework to help payment networks, wallets and marketplaces verify trusted AI agents handling purchases for users.
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.
JazzCash Disburses Over Rs90 Billion to 3 Million Beneficiaries in 2026
JazzCash has disbursed more than Rs90 billion through government and development programmes in 2026, reaching over three million beneficiaries across Pakistan.
NayaPay Named Fintech Startup Pakistan at Asian Banking and Finance Awards 2026
NayaPay has been recognised as Fintech Startup Pakistan at the Asian Banking and Finance Awards 2026 for its product innovation and contribution to expanding Pakistan’s digital payments infrastructure and access to financial services.
Prime Minister Shehbaz Sharif Urges Provinces to Release Fuel Subsidy Funds for Digital Disbursement
Prime Minister Shehbaz Sharif calls for provincial cooperation to fund a 200 billion rupee fuel subsidy package delivered through secure digital wallets.
PM Shehbaz Sharif Launches Digital Wallet Subsidy for Transport Sector
Prime Minister Shehbaz Sharif initiates a transparent digital wallet system to disburse fuel subsidies to public and goods transport operators across Pakistan.
Government Initiates Petroleum and Transport Subsidy Disbursement Through Digital Wallets
Prime Minister Muhammad Shehbaz Sharif launches a digital wallet payment system for transport subsidies to ensure transparency and stabilize essential commodity prices.
State Bank of Pakistan Introduces Independent Digital Banking Framework for Teenagers
The SBP launches a landmark framework allowing 26 million teenagers to own and operate independent bank accounts and digital wallets to boost financial literacy.
Pakistan’s EMIs and the Arithmetic of Payments
Pakistan’s electronic money institutions face structural challenges in a rapidly digitising retail payments ecosystem. High transaction volumes, low wallet retention, and competition from branchless banking and Raast’s instant rails are shaping the survival and consolidation of EMIs, highlighting the intersection of technology, regulation, and financial incentives.
JazzCash Expands RAAST QR Payments to 400+ Fuel Stations Boosting Pakistan’s Cashless Economy
JazzCash accelerates Pakistan’s cashless economy by enabling RAAST QR payments at over 400 fuel stations, processing PKR 20 million+ in transactions and expanding the nation’s digital merchant network.