FBR’s Rs200,000 Cash Limit to Push Retailers and E-Commerce Towards Digital Payments
FBR has capped cash transactions at Rs200,000, including e-commerce CoD orders. The move is set to push retailers and consumers toward digital payments and financial inclusion.
State Bank Launches Revised Framework to Digitize BISP Sahulat Account Onboarding Across Pilot Cities
The State Bank of Pakistan rolls out a revised framework for BISP Sahulat Accounts, introducing biometric verification and secure digital processes for onboarding beneficiaries in pilot cities.
Karandaaz Survey Shows Fourfold Growth in Financial Inclusion, but Gender and Regional Divides Persist
Karandaaz Pakistan’s 2024 Financial Inclusion Survey reveals a fourfold rise in account ownership over a decade, driven by mobile money, but highlights persistent gender and regional inequities. The RAAST system shows early promise amid enduring trust and usage barriers.