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Pakistan’s digital banking users top 127 million amid shift to cashless economy

Pakistan’s digital banking users top 127 million amid shift to cashless economy

  • Government digitally disbursed $5.7 billion in salaries and pensions between July and January
  • Pakistan’s central bank aims to encourage traceable payments to curb tax evasion, corruption
By NAIMAT KHAN ·
Pakistan eyes doubling digital transactions to 15 billion by June 2026 

Pakistan eyes doubling digital transactions to 15 billion by June 2026 

By Ismail Dilawar ·
Pakistan enables instant digital payments for stock trades in market reform push

Pakistan enables instant digital payments for stock trades in market reform push

By Ismail Dilawar ·
24 Fintech Day 2: Experts highlight Saudi Arabia’s unique role in shaping industry’s future 

24 Fintech Day 2: Experts highlight Saudi Arabia’s unique role in shaping industry’s future 

By MANAL AL-BARAKATI - Hajar AlQusayer ·
New SAMA platform Naqd to facilitate easier account access for agencies 

New SAMA platform Naqd to facilitate easier account access for agencies 

By Arab News ·
Special Fertile fintech scene driving digital banking in Saudi Arabia

Fertile fintech scene driving digital banking in Saudi Arabia

By Miguel Hadchity ·
Saudi Investment Ministry boosts digital banking with GIB and Bank Albilad partnership 

Saudi Investment Ministry boosts digital banking with GIB and Bank Albilad partnership 

By ARAB NEWS    ·
Pakistan’s digital banking transactions surged by 57 percent in FY23— central bank

Pakistan’s digital banking transactions surged by 57 percent in FY23— central bank

By Arab News Pakistan ·
Digital banking enhanced in Saudi Arabia thanks to new agreements with Ministry of Investment

Digital banking enhanced in Saudi Arabia thanks to new agreements with Ministry of Investment

By Arab News ·
Special Pakistan’s digital footprint gains momentum with rising e-banking, PoS transactions — central bank

Pakistan’s digital footprint gains momentum with rising e-banking, PoS transactions — central bank

By KHURSHID AHMED    ·
Saudi banks shut down 42 branches in 12 months, increase digital presence graphic

Saudi banks shut down 42 branches in 12 months, increase digital presence

By Hala Hisham Koura ·
Special In a first, Pakistani central bank says will issue digital banking licenses this year

In a first, Pakistani central bank says will issue digital banking licenses this year

By KHURSHID AHMED    ·
The Saudi Zakat, Tax, and Customs Authority recently launched its Fatoorah e-invoicing project to implement a system allowing the smooth exchange and processing of invoices. (Shutterstock)

E-invoicing will help combat commercial concealment in Saudi Arabia

By Arab News ·

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