In a significant move towards advancing digital financial services, HABIBMETRO, 1LINK, and Kuickpay have signed a tripartite agreement to streamline the bulk onboarding of online billers. This strategic partnership leverages the innovative capabilities of Kuickpay and the robust 1BILL aggregation platform to provide seamless integration and improved service delivery. The signing ceremony, held at the […]
Easypaisa, Pakistan’s leading digital payment platform, is set to revolutionize the sale and purchase of sacrificial animals this Eid-ul-Azha with its innovative in-app Raast-based QR code payment system. This initiative aligns with the State Bank of Pakistan’s (SBP) QR code payment system under the Raast instant payment service, aimed at facilitating secure and convenient transactions […]
Karandaaz Pakistan, an impact investment platform dedicated to driving sustainable economic growth and strengthening financial and social protection systems for inclusion, announced its partnership with PostEx, a leader in e-commerce logistics with over 20,000 registered merchants and a customer base of over 20 million. This collaboration aims to transform Pakistan’s e-commerce landscape by digitalizing cash-on-delivery […]
In a significant move to streamline financial transactions at cattle markets ahead of Eidul Azha, JazzCash has partnered with the State Bank of Pakistan (SBP) to enable interoperable RAAST QR codes for payments at cattle markets nationwide. This initiative aims to replace traditional cash-based transactions with secure, efficient digital payments, ensuring safe and secure transactions […]
United Bank Limited (PSX: UBL) on Monday organized an official launch ceremony of its wholly-owned subsidiary, UBL Currency Exchange (Private) Limited (UBLCEPL), in Karachi. The launch ceremony was attended by Governor State Bank of Pakistan Jameel Ahmad, President & CEO UBL Muhammad Jawaid Iqbal, along with other senior team members of SBP and UBL.The Board […]
June 3, 2024 — Digitt+, an innovative electronic money institution, has announced a strategic partnership with Bookme.pk, Pakistan’s largest digital ticketing platform. This groundbreaking collaboration aims to transform Bookme’s closed-loop ticketing system into an open mobile wallet using Digitt+’s proprietary open API platform. Through this partnership, Digitt+ and Bookme.pk will jointly serve over 2.5 million […]
In a significant move towards enhancing digital financial services, Askari Bank (AKBL), 1LINK, and Kuickpay have signed a tripartite agreement to streamline the bulk onboarding of billers. The partnership leverages the capabilities of Kuickpay and the 1BILL aggregation platform to provide seamless integration and improved service delivery. The signing ceremony, held at the Askari Digital […]
A Revolutionary Transformation of Interoperable Payments Karachi, May 29, 2024 – In a groundbreaking move to revolutionize Pakistan’s digital payment landscape, 1LINK, in partnership with Raast, an initiative by the State Bank of Pakistan (SBP), and 13 merchant aggregators, has launched the 1GO Raast Person to Merchant (P2M) service. This significant event took place at […]
In a transformative move for Pakistan’s oil and gas sector, GOREX Pakistan and OMAP have signed a landmark agreement aimed at introducing groundbreaking technology. Mr. Asim Jamil, Chairman of GOREX Pakistan, and Mr. Tariq Wazir Ali, Chairman of OMAP, formalized the collaboration to usher in a new era of digitalization within the industry, leveraging the […]
Karachi: The State Bank of Pakistan (SBP) is set to revolutionize the traditional cattle markets during Eid-ul-Azha by introducing digital payment methods. This initiative aims to reduce cash transactions and promote financial inclusion in a market valued at an estimated Rs550-600 billion during the festival. The SBP has partnered with 25 banks to facilitate QR […]