EFU Life and Mawazna Partner to Redefine Health Protection Through Digital Innovation
EFU Life and Mawazna.com have joined forces to launch digital-first, cashless health insurance solutions, including both Conventional and Takaful options. This partnership aims to make quality healthcare more accessible and convenient for families across Pakistan through technology-driven financial protection.
Karachi’s Historic Bohra Bazaar Goes Fully Cashless with QR-Based Digital Payments
Karachi’s historic Bohra Bazaar has transitioned to a fully cashless system through JazzCash’s QR-based payment solution, empowering merchants and customers with faster, safer, and more transparent digital transactions.
Premier Systems Signs Landmark Fintech Agreement with Fujian Centerm to Assemble Pakistan’s First POS Machines
Premier Systems has signed a Joint Technology Transfer and Development Agreement with Fujian Centerm to assemble Pakistan’s first locally manufactured POS machines, marking a major step toward strengthening the country’s fintech infrastructure and boosting its role in the global digital payments landscape.
HBL and foodpanda Explore Strategic Partnership to Accelerate Digital Payments in Pakistan
HBL and foodpanda Pakistan are exploring a strategic collaboration to boost financial inclusion and unlock new growth opportunities by converting cash-on-delivery transactions into seamless digital payments, driving Pakistan’s digital commerce forward.
Pakistan to Route All Government Payments via Raast by FY26 to Boost Digitalisation
The State Bank of Pakistan plans to route all government payments through Raast by FY26, backed by subsidies for merchants and initiatives to reduce cash reliance, boost financial inclusion, and formalize the economy.
SBP Deputy Governor Welcomes Mashreq Digital Bank’s Entry into Pakistan’s Market
SBP Deputy Governor Saleem Ullah congratulated Mashreq Digital Bank on entering Pakistan, highlighting its role in fostering competition, innovation, and a stronger digital ecosystem for the country’s financial sector.
Pakistan’s Youth Encouraged to Drive Growth of Digital Economy
Advisor to the Finance Minister Khurram Schehzad has urged Pakistan’s youth to take the lead in shaping the digital economy, highlighting their role in freelancing, entrepreneurship, and innovation at the Skill-Up Batch-II Graduation Ceremony at Iqra University.
MCB Bank and NayaPay Join Forces to Digitize Remittances for Overseas Pakistanis
MCB Bank has partnered with NayaPay to streamline and digitize the home remittance process for overseas Pakistanis, combining MCB’s remittance network with NayaPay’s digital wallet platform to deliver faster and more accessible financial services.
Branding Pakistan at Money20/20 Middle East
Pakistan takes center stage at Money20/20 Middle East in Riyadh, with government leaders, financial regulators, and fintech innovators representing the nation’s digital finance potential on a global stage.
Pakistan’s Crypto Turning Point: From Skepticism to Strategic Embrace
Pakistan has shifted from banning cryptocurrency in 2018 to embracing digital assets in 2025, with new mining plans, regulatory bodies, and frameworks shaping its role in the global financial system.