SECP Orders Licensed Entities to Mandatorily Display Raast QR Codes by October 2025
The SECP has mandated all licensed entities, including NBFCs, insurance companies, Modarabas, and brokers, to adopt and display Raast QR Codes by October 31, 2025. The directive aims to strengthen Pakistan’s digital payment ecosystem, enhance financial inclusion, and support the transition toward a cashless economy.