SBP Launches InvestPak Portal to Enable Digital Investment in Government Securities
The State Bank of Pakistan (SBP) launches InvestPak, a digital platform for investing in government securities. The portal allows individuals and corporates to open accounts, participate in auctions, and trade securities online, enhancing transparency and financial inclusion.
Pakistan Accelerates Towards a Cashless Future with Rapid Digital Payments Growth
Pakistan’s digital payments ecosystem recorded significant growth in FY 2024-25, with a 38% rise in transactions, widespread adoption of QR payments, and expanded branchless banking services, marking a major step towards a cashless and inclusive economy.
Quwat Services Onboarded on 1LINK’s 1BILL Platform to Boost Digital Bill Payments
Quwat Services Private Limited (QSPL) joins 1LINK’s 1BILL platform as a non-banking initiator, in partnership with Bank Alfalah, to provide secure and convenient digital bill payment solutions across Pakistan.
HBL Partners with UnionPay and PayPak to Introduce Pakistan’s First Co-Badge Debit Card for Domestic and International Payments
HBL launches a co-badge debit card in collaboration with UnionPay International and PayPak, offering enhanced domestic and international payment capability as Pakistan strengthens its digital banking infrastructure.
Pakistan Initiates Independent Audit to Strengthen Cashless Economy Transition
The Government of Pakistan has commissioned an independent audit of its nationwide cashless economy program to ensure transparency, measure impact, and enhance digital payment infrastructure as part of its financial inclusion and governance reform agenda.
Shariah-Compliant aik by BankIslami Expands QR Payments Accessibility for Karachi’s Merchant Community
BankIslami’s digital brand aik launches a Shariah-compliant QR payment activation at Creek Walk Food Street in Karachi, supporting Pakistan’s cashless economy agenda and empowering merchants with secure, interest-free digital payments.
Easypaisa Digital Bank Posts Rs 5.65 Billion Profit Before Tax for 9M 2025, Marking 45.6% YoY Surge on Strong Deposit Growth and Digital Services
Easypaisa Digital Bank reports a 45.6% year-on-year rise in profit before tax for the first nine months of 2025, driven by robust deposit growth, expanding digital payments revenue, and disciplined cost management.
PayFast, Unity Retail, and SLGTrax Launch Rah-e-Raast, Pakistan’s First Merchant-Friendly Raast QR Payment Solution
PayFast, Unity Retail, and SLGTrax have collaborated to introduce Rah-e-Raast, Pakistan’s first merchant-friendly Raast QR payment solution, enabling seamless digital payments directly via parcel airway bills and transforming doorstep transactions.
Easypaisa Digital Bank Reports Rs5.65 Billion Profit for 9MCY25, Achieves 45% YoY Growth
Easypaisa digital bank announced a profit before tax of Rs5.65 billion for the nine months ended September 30, 2025, marking a 45.6% year-on-year increase. Growth was driven by higher fee-based revenues, robust deposit growth, and operational efficiency, positioning the bank as a leading digital banking platform in Pakistan.
SBP Targets Financial Literacy for 10 Million Pakistanis by 2028 Through Digital and Inclusive Initiatives
The State Bank of Pakistan has launched an initiative to educate 10 million Pakistanis in financial literacy by 2028 through its partnership with Teach the World Foundation, focusing on digital education and inclusion for underserved and differently abled communities.