Digital payments

Govt seeks SBP report on impact of Rs3.5 billion Raast QR subsidy

SBP directs banks to equip 25% branches with Cash Deposit Machines 

Govt sanctions Rs3.5 billion annual subsidy to expand Raast QR adoption at retail outlets

Government to commission independent audit of Cashless Economy Initiative 2025

PM Sharif pushes for digitization of economy, Raast expansion to districts

Pakistan targets 2 million digital merchants, 120 million online banking users, 15 billion digital transactions by FY26

Finance ministry seeks update on implementation of Raast QR code in public utility companies

PM Office directs officials to ensure Raast QR codes at all retail outlets by August 31

Pakistan's cashless economy initiative enters critical phase, says SBP deputy governor

FBR disallows 50% of business expenditure for non-bank transactions over Rs200,000

Finance ministry develops cashless payment system for govt entities to enhance transparency

Govt moves towards cashless economy with mandatory QR codes on utility bills

SBP introduces new customer onboarding framework, mandates digital payment solutions for merchants

SBP reports Rs4.66bn in digital transactions for cattle markets during Eid-ul-Adha

ADB recommends 5% GST on digital transactions to bridge Pakistan's digital divide

SBP to introduce simplified digital payment package for small businesses

Businesses in Punjab to face Rs 1 million penalty for refusing digital payments

SBP unveils PRISM+ system to upgrade National Digital Payments Infrastructure

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