All News and Announcements

Showing 1 - 9 of 9
News

The State Bank of Pakistan Awards In-Principle Approval to 5 Digital Retail Banks

The awardees include HugoBank Limited, KT Bank Pakistan Limited, Mashreq Bank Pakistan Limited, Raqami Islamic Digital Bank Limited and Telenor Microfinance Bank Limited.

News

China Mobile Showcases PayMax, Its First Digital Payments Solution

This strategic venture aims to empower the people of Pakistan with a financial solution that is secure, unique and ensures inclusion in the unbanked sector of Pakistan.

News

Mobilink Microfinance Bank, CBA Partner to Promote Access to Digital Financial Solutions

This partnership will strengthen access to financial products and services through digital platforms and improve financial literacy.

News

Mobile Money Adoption Increased During the Pandemic by 4 Percent: Karandaaz Survey on COVID-19’s Impact on Financial Behavior

Survey findings on the impact of COVID-19 on financial behavior show that while financial inclusion in Pakistan increased from 21 percent of adults pre-pandemic to 25 percent in late 2020, the change was driven entirely by mobile money adoption.

News

Super Apps Rising: Mobile Drives Digital Payments Uptick in Pakistan

The pandemic and the rise of mobile infrastructure have set the stage to bring people living in developing and emerging economies into the digital realm.

News

Pakistan: Jazzcash Taps Mastercard for Digital Payments

In a statement, JazzCash owner Veon, said in addition to an opportunity to widen access to digital payments, the partnership would improve financial inclusion during the COVID-19 pandemic.