Askari Bank Appoints Khurram Ishtiaq as SVP – Head Mobile App and Digital Payments Ecosystem to Drive Next-Phase Digital Growth
Askari Bank appoints Khurram Ishtiaq as SVP – Head Mobile App and Digital Payments Ecosystem, marking a major step in strengthening its digital banking strategy, mobile innovation, and payments modernization across Pakistan.
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.
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.
SBP Governor Inaugurates JazzCash Experience Lounge to Advance Pakistan’s Cashless Economy
SBP Governor Jameel Ahmad inaugurated the JazzCash Experience Lounge in Islamabad, showcasing digital payments innovations that aim to accelerate Pakistan’s shift toward a cashless economy.
Digital Payments Hit Record High in Q3 FY25 as SBP Reports Surge in Mobile and E-Commerce Transactions
SBP’s Q3 FY25 report highlights robust growth in Pakistan’s digital payments sector, with mobile banking, wallets, and e-commerce transactions rising significantly and digital platforms covering 89% of all retail payments.