EBANX Prepares Pakistan Expansion With JazzCash, Easypaisa and Raast Integrations
EBANX is preparing to expand payment operations into Pakistan, planning integrations with JazzCash, Easypaisa and Raast while also introducing new Apple Pay token decryption infrastructure.
Mashreq Pakistan Launches Raast P2M Ecosystem to Expand Digital Payments
Mashreq Pakistan has launched a full Raast payment ecosystem with P2M services, enabling instant QR payments for consumers, merchants and small businesses.
Mastercard and Bank of Khyber Join Hands to Expand Digital Payments Across KP
Mastercard and Bank of Khyber have formed a strategic alliance to expand digital payment solutions across consumer, commercial and government transactions in Khyber Pakhtunkhwa.
SECP and NCCPL Conduct Industry Training on IBAN Authentication Through Raast
SECP and NCCPL conducted a three-day industry training on IBAN authentication through Raast to support faster and more seamless customer onboarding.
Govt Reduces Commercial Banks’ Role in Pension Payments Through Digital Verification
The Finance Ministry has removed commercial banks from pensioners’ proof-of-life verification, integrating NADRA with CGA and MAG for digital pension verification and disbursement.
State Bank Rejects Claims Linking Raast To Money Laundering
State Bank of Pakistan clarifies that FATF did not identify Raast as a money laundering mechanism or raise concerns about the integrity of Pakistan’s instant payment system.
Zong And Zindigi Launch Z-Wallet With Embedded Banking Services In My Zong App
Zong and Zindigi have launched Z-Wallet inside the My Zong App, enabling users to access RAAST transfers, bill payments and mobile top ups through an embedded finance model.
Faisalabad Electric Supply Company launches instant electricity bill payments using Raast gateway
FESCO integrates Raast payment gateway to allow consumers in Pakistan to pay electricity bills and demand notices instantly via QR codes.
Finance Minister Launches InvestPak Portal to Democratize Government Securities Investment
Federal Finance Minister Muhammad Aurangzeb and SBP Governor Jameel Ahmed launch the InvestPak portal to digitize and expand access to government securities.
RAAST Transactions Surge to 50 Trillion Rupees as Pakistan Digital Payment Adoption Accelerates
SBP Financial Stability Review 2025 reveals RAAST processed 2 billion transactions while Roshan Digital Account inflows surpassed 11 billion dollars.