Zindigi Recognized for Best Digital Banking Experience in Pakistan at Global FDI Insider Awards
Zindigi, powered by JS Bank, wins the Best Digital Banking Experience award at the FDI Insider Awards, highlighting its innovation in digital payments, lifestyle banking, and financial inclusion for Pakistan’s Gen Z and millennial users.
Zindigi JS Bank and Albario Partner to Enable Digital Payments at EV Charging Stations
Zindigi JS Bank has partnered with Albario Engineering to integrate Raast QR, POS, and in-app payment solutions across Pakistan’s electric vehicle charging stations, supporting a cashless economy and the country’s clean-energy initiatives.
Islamabad Advances Cashless Economy With Raast QR Code System Across City
Islamabad begins citywide rollout of Raast QR-code payment system covering commercial centres, malls, markets, and transport services as part of Pakistan’s first fully cashless city initiative.
Pakistan Accelerates Cashless Transition as Government Pushes for Digital Economic Reforms
The government of Pakistan is accelerating its shift toward a cashless economy through the Cashless Pakistan Initiative, focusing on digital payments, financial inclusion, and infrastructure reforms. Advisor to the Finance Minister Khurram Schehzad highlighted new milestones, including expanded Raast adoption and nationwide internet facilitation, at the 5th Pakistan Future of Retail Business Summit in Karachi.
Govt Seeks SBP Review on Rs3.5 Billion Raast QR Subsidy Impact
The government has tasked the State Bank of Pakistan to prepare a detailed report on the Rs3.5 billion Raast QR subsidy, assessing its impact on merchant adoption, transaction volumes, and the growth of digital payments.
Industrialists Urge SBP to Slash Interest Rate to Spur Growth and Revive Investment
Leading trade and industry figures across Pakistan urge SBP to cut the policy rate to single digits, citing high costs, low inflation, and regional competitiveness concerns.
SBP Launches Unified Digital Framework to Simplify Bank Account Opening for Individuals and Businesses
The State Bank of Pakistan has introduced a streamlined digital framework for customer onboarding, reducing paperwork and improving turnaround times for individuals and businesses opening accounts, while also pushing digital payment acceptance across merchants nationwide.
Faysal Bank partners with Smart1-Tech to bolster digital payments for Pakistan’s MSMEs
Faysal Bank teams up with fintech Smart1-Tech to expand secure digital payment solutions for Pakistan’s MSMEs, advancing financial inclusion and strengthening the country’s cashless payment infrastructure.
Raast QR Payments Now Available in Mandis Across Pakistan: Faysal Bank Launches Cashless Eid Payment Solution
Faysal Bank introduces Raast QR payments across major Mandis in Pakistan, offering a safer, faster, and cashless method for Eid shopping. The initiative aligns with State Bank of Pakistan’s digital financial services push and provides consumers with a new avenue for secure transactions.