Pakistan Introduces QR Codes on All Government Bills to Accelerate Cashless Economy
Prime Minister Shehbaz Sharif directs all government institutions to introduce QR codes on bills as Pakistan pushes digital payments through Raast and expands its cashless economy strategy.
Pakistan Digital Payments Surge in Q1 FY26 as Mobile App Transactions Reach 2 Billion: SBP
Pakistan’s digital payment ecosystem recorded strong growth in Q1 FY26, with mobile app-based transactions hitting 2 billion and accounting for over 80% of all digital payments, according to the State Bank of Pakistan.
Pakistan’s Digital Payment Surge Faces Cultural and Infrastructure Hurdles Amid Cash Reliance
Pakistan is experiencing rapid growth in digital payments with platforms like Raast, JazzCash, and Easypaisa driving transactions, yet cash remains dominant due to awareness gaps and cultural habits.
Governor SBP Highlights Collaboration and Innovation as Key to Pakistan’s Digital Finance Future
Governor State Bank of Pakistan, Jameel Ahmad, stresses collaboration among banks, fintechs, and regulators to accelerate digital financial services, enhance inclusion, and strengthen cybersecurity at the Future of Banking Summit 2025.
SBP Governor Highlights Need for Integrated Capital Markets to Boost Investments Across Asia
SBP Governor Jameel Ahmad calls for regional cooperation and innovation to build integrated capital markets across Asia, boosting investments, financial resilience, and sustainable growth.
Cashless Economy Drive Faces Hurdles as Only 700,000 Retailers Adopt Digital Payments
Pakistan’s cashless economy initiative faces challenges as less than 700,000 retailers currently offer digital payment options, highlighting the gap between government targets and implementation.
SBP Advocates Regional Collaboration to Strengthen Asia’s Integrated Capital Markets
SBP urges regional cooperation to build integrated capital markets in Asia, highlighting innovation, regulatory alignment, and digital infrastructure for sustainable growth.
Pakistan to Disburse Next BISP Payments via Digital Wallets, Accelerating Cashless Economy
The Benazir Income Support Programme (BISP) will use digital wallets for upcoming payments, marking a significant step in Pakistan’s cashless economy initiatives and digital financial inclusion efforts.
Pakistan Airports Authority Launches Digital Cashless Payment System Nationwide
The Pakistan Airports Authority (PAA) has introduced a nationwide digital cashless payment system across major airports, enabling travelers to make instant payments via QR codes and the Raast real-time payment platform, aligning with Pakistan’s Digital Economy vision.
Karandaaz Pakistan Collaborates with SBP to Propel Digital Banking and Financial Inclusion
Karandaaz Pakistan highlights its collaboration with SBP to develop digital banking regulations, driving financial inclusion, supporting fintech innovation, and advancing Pakistan’s digital financial ecosystem.