Finance ministry develops cashless payment system for govt entities to enhance transparency
Sub-committee holds discussions with relevant ministries; Government to Person and Person to Government transactions in state-owned entities to be digitized
Govt moves towards cashless economy with mandatory QR codes on utility bills
All electricity, phone, and gas bills to feature QR codes for digital payments; SBP sets targets for expanding digital transactions
SBP introduces new customer onboarding framework, mandates digital payment solutions for merchants
Framework aims to streamline account opening with two-day turnaround time, requires banks to provide digital payment solutions for merchants to facilitate digital transactions
SBP reports Rs4.66bn in digital transactions for cattle markets during Eid-ul-Adha
64,553 online payments made under ‘Go Cashless’ campaign in 2025, marking a significant rise in digital adoption over last year
ADB recommends 5% GST on digital transactions to bridge Pakistan’s digital divide
Report reveals women in Pakistan are 35% less likely to own a mobile phone and 38% less likely to use internet than men
SBP to introduce simplified digital payment package for small businesses
Implementation of digital transaction system across Pakistan is vital to bring transparency to economy, says PM
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
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
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
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
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
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
X unveils digital wallet with Visa integration
The launch aligns with Musk’s broader plan to transform X into a financial ecosystem, expanding beyond social media
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