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Digital transformation: SBP plans to route govt payments through Raast
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Digital transformation: SBP plans to route govt payments through Raast
KARACHI: In a major push to digitize financial transactions, the State Bank of Pakistan (SBP) plans to route all government payments through Raast, Pakistan’s instant payment system, by the end of the current fiscal year 2025-26. While speaking at the launch of a study titled “Merchant Payments on RAAST: Responsible Pricing for Impact and Inclusion,” Saleem Ullah deputy governor SBP said that Raast is one of the most significant initiatives unde…
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