SBP unveils PRISM+ system to upgrade National Digital Payments Infrastructure
PRISM+ aims to improve transparency, interoperability, and liquidity management in the payments ecosystem, launching on June 16
Pakistan to begin PayPal payments for freelancers in February
ISLAMABAD: In a significant development for Pakistan's freelance community, the Caretaker Federal Minister for Information Technology and Telecommunication, Dr. Umar Saif, announced...
Businesses in Punjab to face Rs 1 million penalty for refusing digital payments
Finance bill also proposes higher penalties for non-compliance with the Electronic Invoice Monitoring SystemÂ
Govt to introduce dual pricing for cash and digital transactions on fuel: report
Consumers making cash transactions at petrol stations will incur an additional cost of Rs2-3 per liter
Google Pay to launch in Pakistan by March 2025
Service to enable Pakistani users to link their bank-issued debit and credit cards to Google Pay for seamless contactless payments
Pakistan’s digital payments surge 35% in FY24, reports SBP
Total volume of digital transactions rise from Rs4.7 billion to Rs 6.4 billion while their value grows to Rs 547 trillion from Rs 403 trillion
Safepay granted full commercial license by SBP to operate as Payment Service Provider
Central bank approval enables Safepay to expand digital payment services across Pakistan, supporting financial inclusion and sector growth
Finance minister pushes for cashless economy with new digital payment measures
Government plans incentives and restrictions to reduce cash use and expand digital transactions
SBP boosts transaction limits to promote digital payments in cattle markets before Eidul Adha
Collaboration with 22 banks aims to increase cashless transactions and reduce reliance on cash during the peak livestock trading season at 54 key cattle markets in 21 districtsÂ
PakWheels eyes transaction-based business model through its new service ‘Sell it for me’
LAHORE: PakWheels.com, Pakistan's leading online portal for the buying and selling of cars, bikes and auto parts in Pakistan, looks set to...
The promising life and tragic death of Inov8
Founders of Pakistan’s most valuable fintech, Bashir and Hasnain Sheikh squandered potential that they had for years, all the while trying to ‘fake it till you make it’. This is their story: a business tragedy in five parts, and the hamartia is hubris
What’s next for Pakistan’s earliest startup veteran?
The startup ecosystem has had a rollercoaster ride. Does one of its oldest occupants have another trick up his sleeve?
Ladies and gentlemen, here are your digital banks
With the central bank finally issuing NOCs for setting up digital banks, Profit looks at the contenders and their intentions
Pakistani freelancers to regain access to blocked funds on Payoneer cards today Â
Preempting the positive decision, CEO Payoneer says company to ensure access to blocked funds regardless of outcome of scandal probe.
NayaPay, Alipay+ partner to boost global payments into Pakistan
The fintech platforms will use QR codes compatible with Raast and Alipay+ payment partners to enable cashless transactions and support SMEs