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Tag: Digital payments

secp asks to implement digital payments
Pakistan
  • Web Desk
  • Aug 26, 2025
SECP orders adoption of digital payments by October 31

Businesses under SECP’s regulatory ambit must display and enable digital payment options at all outlets and cannot refuse customers choosing to pay digitally.

SBP to launch upgraded payment system, PRISM+,
Latest
  • Web Desk
  • Aug 18, 2025
SBP to launch upgraded payment system, PRISM+, tomorrow

The system will make Pakistan’s financial framework “faster, safer, and more modern,” enabling banks to manage liquidity more effectively, reduce settlement risks, and improve overall efficiency.

FBR limits cash transactions
Business
  • Web Desk
  • Aug 16, 2025
FBR extends cash transaction limit to online CoD orders

FBR has placed a ceiling of Rs200,000 on cash transactions at retail outlets and on cash-on-delivery (CoD) orders in the e-commerce sector.

SBP to launch upgraded payment system, PRISM+,
Business
  • Web Desk
  • Jun 25, 2025
89pc of all retail payments are now digital, says SBP report

The SBP report also talks about payment ecosystem saying that Pakistan now has 19,170 bank branches and 722,361 branchless banking agents.

paypal HQ
Latest
  • Reuters
  • Jan 23, 2025
PayPal fined by New York for cybersecurity failures

Adrienne Harris, New York’s financial services superintendent, said a probe by her office found PayPal failed to use qualified staff to manage key cybersecurity functions or provide adequate training to address cybersecurity risks.

Mobile banking in Pakistan
Business
  • Web Desk
  • Dec 21, 2024
Digital payments now account for 87 per cent of retail transactions: SBP report

Pakistan’s digital payment landscape has seen impressive growth with digital channels now handling 87 per cent of retail payments by volume, highlighting a shift in consumer preferences and growing trust in digital transactions.

branchless banking in Pakistan
Business
  • Web Desk
  • Jul 20, 2024
Digital payments capture majority of retail transactions in Pakistan

In the third quarter of the fiscal year 2023-24, digital transactions took a significant lead in Pakistan’s financial sector, accounting for 83 per cent of the 844 million retail payments processed by banks and Electronic Money Institutions (EMIs)

Freelancers Pakistan
Pakistan Technology
  • Web Desk
  • Oct 27, 2023
Pakistan’s vision: $10 billion tech exports and better opportunities for freelancers

Caretaker IT and Telecommunications Minister Dr Umar Saif, is spearheading an ambitious plan to transform Pakistan into a thriving tech hub.

freelancing in Pakistan
Latest Pakistan
  • Web Desk
  • Oct 25, 2023
Pakistan to announce good news for freelancers soon

Pakistan In a significant announcement, Caretaker Federal Minister for IT and Telecommunications, Dr Umar Saif, shared optimistic news for Pakistan’s burgeoning freelancing community.

easiest ways to pay bills online
Business
  • Hum News
  • Oct 02, 2023
Here are the easiest ways to pay bills online in Pakistan

Discover the hassle-free realm of online bill payments in Pakistan. Unravel the complexities of settling electricity bills through digital platforms, revolutionizing the way you manage your finances. From Internet banking to user-friendly mobile apps like Easy Paisa and JazzCash, embark on a journey towards effortless transactions. Our guide empowers you to embrace eco-friendly, paperless billing solutions, ensuring convenience at your fingertips.

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