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Pakistan digital payments

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Eid ul Fitr 2020 – Begining of digital wallet era in Pakistan. Easypaisa has been rooted in the Pakistani economy for decades especially, in the rural areas where there are rarely any banking services. Easypaisa has achieved a myriad of financial inclusion in Pakistan. With Easypaisa one can perform day to day financial transactions like transfer cash, save money, buy products/services online, withdraw cash through ATM, pay utility bills, and receive international remittance at ease.…

Pakistan adopts roadmap towards cashless society. A roadmap has been brought in practice in government’s circles to take the country towards a cashless society, reports Gwadar Pro Mobile News Net.The State Bank of Pakistan (SBP) earlier launched the National Payment Strategy System (NPSS) in order to build a road map and action plan for Pakistan to have a modern and robust digital payments network.According to the report, the key goal of the strategy is to…

PMEX signs with Cloudasset to digitize payments PMEX signs with Cloudasset to digitize payments. Pakistan Mercantile Exchange (PMEX), country’s first and only multi-commodity futures exchange, signed an agreement with Cloudasset on December 16, 2019. Under this agreement, Cloudasset will provide digital transaction service platform to PMEX. This platform will be based on cloud native technologies that will seamlessly integrate all forms of financial systems, methods and tools to rapidly enable digital payments initiation and acceptance…

Shaping Pakistan’s first-ever eCommerce policy Shaping Pakistan’s first-ever eCommerce policy. To drive the economy’s digital transformation and further its eCommerce potential, active involvement from the government and the private sector is integral, said Kamil Khan, Visa’s Country Manager for Pakistan, in an exclusive Q&A session with Money Matters. Q: Pakistan’s first-ever eCommerce policy is in place. What other steps would you suggest the government take to boost the sector’s growth further? A: Improved internet accessibility…