Karandaaz Pakistan Partners with BISP

Karandaaz Pakistan Partners with BISP to Enhance Digital Payments and Financial Literacy

ISLAMABAD, December 17, 2024 – This initiative marks a revolutionary development as a result of the significant meetings held by Chairperson Benazir Income Support Programme (BISP), Senator Rubina Khalid and Secretary BISP, Amer Ali Ahmad with representatives of the Bill & Melinda Gates Foundation and Karandaaz Pakistan, an impact investment platform dedicated to driving sustainable economic…

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Pakistan Digital Payment Transformation Could Boost GDP by 7% by 2025

Pakistan Digital Payment Transformation Could Boost GDP by 7% by 2025: Karandaaz Pakistan Report

A recent report by Karandaaz Pakistan, titled “Transforming Pakistan’s Payment Landscape,” highlights the transformative potential of digital payment adoption in the country. According to the report, nationwide adoption of digital payments could enhance Pakistan’s GDP by 7% by 2025, create 4 million jobs, and add $263 billion in deposits to the formal banking sector. Cost…

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Askari Bank Partners with Karandaaz Pakistan

Askari Bank Partners with Karandaaz Pakistan to Launch Pakistan First Cashless Ecosystem for Housing Societies

ISLAMABAD: Askari Bank is advancing its role in digital financial services with the launch of Pakistan’s first comprehensive cashless ecosystem initiative. This innovative project, aimed at building cashless communities, reflects the bank’s mission to bring customers closer through digital transformation and financial inclusion. Askari Bank’s digital journey has already seen pioneering efforts, including an indigenous…

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Pakistan to Launch National Digital Payment Index Soon

Pakistan to Launch National Digital Payment Index Soon to Accelerate Payment Digitization

In a landmark move to track and enhance the progress of digital payments, Pakistan is set to introduce a national Digital Payment Index (DPI), aiming to assess the penetration and effectiveness of digital payment infrastructure across the country. The initiative will provide a crucial tool for policymakers, financial institutions, and private sector players to gauge…

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Karandaaz Pakistan, Proparco and Parwaaz Financial Services Partners

Karandaaz Pakistan, Proparco and Parwaaz Financial Services Partners to Advance Gender and Climate Finance in Pakistan

Islamabad, August 27, 2024 — In a first-of-its-kind collaboration in South Asia, Proparco, Karandaaz Pakistan, and Parwaaz Financial Services Ltd have joined forces to enhance access to finance for women-led businesses and early-stage green technology ventures in Pakistan. This strategic partnership aims to empower those who are traditionally underserved by the conventional financial system, particularly…

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Karandaaz Pakistan and SBP's Initiative to Onboard Tier 2 & 3 Retailers

Accelerating Raast Adoption: Karandaaz Pakistan and SBP’s Initiative to Onboard Tier 2 & 3 Retailers

In a significant move to transform merchant and retailer payments in Pakistan, Raast, the country’s groundbreaking instant payment system, is expanding its reach through an innovative pilot program. This initiative, backed by Karandaaz Pakistan with the support of the State Bank of Pakistan (SBP), aims to onboard tier 2 and 3 retailers onto the Raast…

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Karandaaz and PostEx Partners

Karandaaz and PostEx Partners to Digitize Cash on Delivery Payments in Pakistan

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…

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