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PM launches Pakistan s first instant digital payment system Raast
Published On
Digital payments only account for 0.2% of Pakistan s ~100 billion transactions.
ISLAMABAD (Web Desk) - Prime Minister Imran Khan has launched the country’s first instant Digital Payment System ’Raast’ on Monday.
Raast is part of Prime Minister Imran Khan Digital Pakistan vision to include poor segments of the society in formal economy.
It will also enable secure, efficient and transparent financial transactions.
Raast: Pakistan’s Instant Payment System
According to website of State Bank of Pakistan, Raast is Pakistan’s first instant payment system that will enable end-to-end digital payments among individuals, businesses and government entities instantaneously. The state-of-the-art Pakistan’s Faster Payment System will be used to settle small-value retail payments in real time while at the same time provide a cheap and universal access to all players in the financial industry inclu
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PM Imran launches first instant digital payment system Raast
Published On 11 January,2021 05:29 pm
Raast is part of PM Imran s Digital Pakistan vision to include poor segments of the society
ISLAMABAD (Dunya News) – Prime Minister Imran Khan on Monday launched the country s first instant Digital Payment System Raast in Islamabad on Monday.
Addressing the launching ceremony in Islamabad on Monday, he congratulated the State Bank of Pakistan (SBP) and termed the launch major step forward by the State Bank of Pakistan towards Digital Pakistan.
Raast is part of Prime Minister Imran Khan Digital Pakistan vision to include poor segments of the society in formal economy. It will also enable secure, efficient and transparent financial transactions.
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