Pakistan Connects to Arab World Payments Ecosystem

Pakistan Connects to Arab World Payments Ecosystem with “Buna-Raast Project” Goes Live: SBP

Islamabad, October 2024 – In a landmark development for Pakistan’s financial sector, the State Bank of Pakistan (SBP) has announced the successful integration of its Raast payment system with the Arab Monetary Fund’s (AMF) Buna cross-border payment platform. This historic collaboration allows for real-time, secure, and cost-effective payments between Pakistan and the Arab region, significantly […]