Raast at the Crossroads: Paving Pakistan’s Path to a Cashless Future
Raast, Pakistan’s real-time digital payment system launched by the State Bank, stands at a defining moment as it pushes the nation toward a cashless economy. With new leadership, growing adoption, and integration across fintechs, the platform is set to reshape financial inclusion, remittances, and economic transparency.
HBL Partners with Mastercard to Launch Business Debit Cards for Pakistan’s SMEs
HBL, in collaboration with Mastercard, has introduced Business Debit Cards tailored for SMEs, enabling secure, digital transactions while supporting Pakistan’s cashless economy and promoting financial inclusion for small businesses and entrepreneurs.
SBP Plans Easier Digital Payment Options for Traders to Expand Cashless Transactions
The State Bank of Pakistan is working on easing digital payment systems for traders to drive cashless transactions, aiming to increase mobile users, QR merchants, and total digital payments under its broader digital economy strategy.