Easypaisa, Pakistan’s leading mobile financial service provider, has enhanced its service offerings by integrating the Raast P2M (Person to Merchant) payment system on its platform. This strategic move by the State Bank of Pakistan (SBP) is designed to accelerate the digitization of merchant and business transactions nationwide. The Raast P2M payment mechanism aims to facilitate […]
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 […]
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 […]
Zindigi and 5th Pillar Family Takaful Partner to Simplify Hajj and Umrah Pilgrimages In a groundbreaking move to facilitate Hajj and Umrah pilgrimages, Zindigi, the digital banking initiative of JS Bank, has partnered with 5th Pillar Family Takaful Limited, a leading provider of Takaful products and services. This collaboration aims to make these sacred journeys […]
In a significant move aimed at transforming the digital payments landscape in Pakistan, Soneri Bank, a prominent banking institution, and NayaPay, a leading fintech platform, have joined forces through a strategic partnership. The partnership agreement, inked by Mr. Syed Amir Raza, Chief Digital & Innovation Officer at Soneri Bank, and Omar Askari, Chief Business Officer […]