Govt shifts to Raast for employees’ salaries, vendor bills paymentsÂ
Over 90% of federal employees now paid through the State Bank's instant payment system as digital transactions surge
SBP issues ‘Security of Digital Payments’ for banks/MFB in the wake of recent cyber attacks
SBP on Wednesday issued “Security of Digital Payments’ in order to safeguard banks/MFBs and their customers from potential losses due to cyber-crimes and online banking frauds.
Transactions through e-banking channels touched Rs47.4 trillion in FY18: SBP
The number of local e-commerce merchants registered with banks reached 1,094 and consumers carried out 3.4 million online e-commerce transactions valuing Rs 18.7 billion
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
The problem is access to credit, not payments claims Abhi CEO at World Economic Forum
Representing Pakistan’s fintech community at World Economic Forum, Omair Ansari claims it is a fallacy that Pakistan has a big unbanked population because of the impact of the telcos.
Tania Aidrus’s big bet on creating a Digital Pakistan
It started, as things often do in Pakistan, with a WhatsApp forward. On Thursday, December 5, a group of Pakistanis living in...
Banking sector in shambles over a plausible cyber-attack
MCB, ABL, other major banks reassure customers’ safety, SBP certifies only Bank Islami was affected
PayPal fixes outage that affected thousands worldwide
Company experienced a system issue that affected multiple products including account withdrawals
Covid-19: 1LINK collaborates with Bookme to facilitate online ticketing
LAHORE: E-payment network 1LINK has partnered with online ticketing startup Bookme.pk for 1LINK – 1BILL aggregation services to simplify digital payments for...
Ant Financial raises $10 billion from global and local investors
The fundraising values the firm at $150 billion, the people said, compared with about $60 billion after its previous fundraising in April 2016
Cashless Khyber Pakhtunkhwa Initiative launched to promote digital payments
Aims to implement mandatory digital payment system for businesses, strengthening economic growth, enhancing transparency, and reducing reliance on cash
Data usage jumped 25pc, revenue from voice traffic declined 10pc during lockdown
ISLAMABAD: Apart from other impacts of the outbreak of coronavirus, the lockdowns and work from home initiatives have also changed the consumers’...
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
MoneyGram exploring options, including potential sale: Sources
The Dallas-based company’s shares have lost 83 percent of their value since the deal with Ant Financial collapsed in January 2018
Alibaba vs Tencent in Pakistan?
The battle between China’s internet giants is about to come to Pakistan, and transform the country’s tech industry… but who will it be good for?