Pakistan to Launch National Digital Payment Index 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…
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…
Raast: Revolutionizing Payments with a New Initiative for 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…
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…
