National Bank of Pakistan Secures Regulatory Approval for Raast Person to Merchant P2M Acquiring Commercial Launch
The National Bank of Pakistan reaches a major digital milestone after receiving State Bank of Pakistan approval to commercially launch Raast P2M acquiring services.
DIB Pakistan and Pocket Money Partner to Revolutionize US Dollar Cashouts for Freelancers
Dubai Islamic Bank Pakistan and Pocket Money launch a regulated US Dollar to Rupee cashout service to support freelancers and international home remittance flows.
Meezan Bank Reports Record Monthly Card Spending of Rs45 Billion as Digital Payments Surge in Pakistan
Pakistan experiences a significant shift toward a cashless economy with Meezan Bank recording a milestone Rs45 billion in monthly card spending amid rising digital adoption.
Istanbul Financial Center Sees Surge in Global Interest Amid Regional Middle East Conflict
The Istanbul Financial Center CEO reveals that dozens of global firms from the Gulf and East Asia are considering relocating operations to Turkey due to the Iran war.
National Bank of Pakistan Launches WhatsApp Banking to Drive Digital Inclusion
NBP introduces WhatsApp banking services allowing customers to check balances and request statements through the popular messaging app.
JazzCash Achieves Milestone with 1 Million Raast QR Enabled Merchants
JazzCash reaches a historic 1 million Raast QR-enabled merchant milestone, accelerating Pakistan’s shift toward a documented and cashless digital economy.
Apna Microfinance Bank cuts losses in 2025 but profitability remains out of reach
Apna Microfinance Bank reduces its annual losses and improves key financial indicators in 2025, but cumulative deficits and merger talks highlight ongoing challenges in Pakistan’s microfinance sector.
SBP Quarterly Report Reveals Massive 92 Percent Surge in Pakistan Digital Payments
State Bank of Pakistan Q2 FY26 payment systems report shows retail transactions hitting PKR 167 trillion with Raast and mobile banking leading digital adoption.
NayaPay and Elevate Pay Partner to Offer Fee Free USD Transfers for Pakistani Freelancers
Pakistani digital professionals can now transfer USD earnings from Elevate Pay to NayaPay with zero fees until April 2026 through a new strategic fintech partnership.
SBP Launches Unified Digital Framework to Simplify Bank Account Opening for Individuals and Businesses
The State Bank of Pakistan has introduced a streamlined digital framework for customer onboarding, reducing paperwork and improving turnaround times for individuals and businesses opening accounts, while also pushing digital payment acceptance across merchants nationwide.