Link International Exchange Partners with SBP to Launch QR-Based Payments under Raast Across 75 Branches Nationwide
Link International Exchange joins hands with the State Bank of Pakistan to roll out QR-based payments under the Raast framework across its 75 branches, marking a key milestone in Pakistan’s journey toward a cashless and digitally inclusive economy.
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.
aik by BankIslami Launches 14% Azadi Cashback Campaign for Independence Day
aik by BankIslami celebrates Pakistan’s 78th Independence Day with a limited-time 14% cashback campaign on all debit card and QR code transactions, reinforcing its commitment to Riba-free digital banking in the country.
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.
SBP’s Q3 FY25 Report Highlights Major Growth in Digital Payments and E-Commerce Transactions
The State Bank of Pakistan’s third quarterly review for FY25 highlights a robust increase in digital payment adoption, driven by mobile banking, e-commerce, and QR transactions, with digital platforms handling 89% of all retail payments.