Karachi, Pakistan: The State Bank of Pakistan (SBP) has released its Annual Report on Payment Systems for the Fiscal Year 2024–25, providing an in-depth analysis of the nation’s rapidly evolving payment ecosystem. The report highlights significant progress in digital adoption, infrastructure expansion, and regulatory initiatives that continue to transform Pakistan’s financial landscape. According to the […]
ISLAMABAD: easypaisa digital bank reported a profit before tax of Rs5.65 billion for the nine months ended September 30, 2025. The Board of Directors of Easypaisa Digital Bank approved the financial statements for the nine months ended September 30, 2025. Recording a profit before tax of Rs5.65 billion, up from Rs3.88 billion in the same […]
Karachi, October 31: Meezan Bank, Pakistan’s leading Islamic bank, has announced the renewal and expansion of its strategic partnership with Visa, a global leader in digital payments, aimed at further enhancing its debit card portfolio and redefining the banking experience for its customers across the country. The collaboration was formalized with the signing of a Memorandum […]
KARACHI: The State Bank of Pakistan (SBP) has set an ambitious goal to impart financial literacy to 10 million beneficiaries by the end of FY2028, reaffirming its commitment to promoting inclusive finance and youth participation in the financial system. This was stated by Managing Director SBP Banking Services Corporation (SBP BSC), Mr. Maraj Mahmood, during […]
ISLAMABAD: JazzCash, has won the Silver Award in the Banking category at Money20/20 USA 2025, a leading global platform for the financial services ecosystem. The award recognizes ReadyCash, JazzCash’s pioneering digital lending feature that provides instant and accessible credit to individuals and micro-entrepreneurs in Pakistan. On average, it disburses 140,000 digital loans daily, making JazzCash […]
KARACHI: MCB Islamic Bank has officially launched its all-new mobile banking application, “SUBUK”, marking a major milestone in the Bank’s digital transformation journey. Designed to redefine how customers experience Islamic banking, SUBUK offers enhanced convenience, reliability, and security empowering users to manage their finances seamlessly anytime, anywhere. Developed with a customer-first approach, the app features […]
Systems Limited (PSX: SYS), Pakistan’s leading technology powerhouse, has announced a robust financial performance for the first nine months of calendar year 2025, posting a profit after tax (PAT) of Rs. 7.94 billion — a 46% year-on-year increase from Rs. 5.43 billion recorded in the same period last year. The company’s earnings per share (EPS) […]
Lahore, October 2025 — In a major milestone toward advancing Pakistan’s digital payment ecosystem, Link International Exchange Company (Pvt.) Ltd., one of the country’s largest and most trusted exchange companies, has partnered with the State Bank of Pakistan (SBP) to introduce QR code–based payment services under the national Raast Person-to-Person (P2P) program. This landmark initiative […]
Marking a significant milestone in its digital transformation journey, Telenor Pakistan has introduced a WhatsApp-based SIM purchase replacement and bundle subscription service, redefining how customers experience mobile connectivity. This innovative service reflects Telenor Pakistan’s focus on customer convenience, offering a simple, secure, and contactless way to get a SIM—without visiting a retail outlet. Customers can […]
Karachi, 24 October: Meezan Bank, Pakistan’s leading Islamic bank, in collaboration with Mastercard, has successfully concluded the “Spend Big, Win Big” cross-border spending campaign. The initiative encouraged customers to use their Meezan Mastercard Debit Cards for international transactions, reinforcing the Bank’s commitment to promoting secure and Shariah-compliant global payment solutions. The campaign concluded with an event […]