Writes letter to FBR chairman, argues provision of law is anti-business; sans due diligence and is incorporated without taking the stakeholders into confidence
Lately there has been a lot of chatter regarding launch of a payment interface by the Central Bank, which has aptly been branded as ‘Raast’, and is being heralded as the ultimate solution to all payment related problems.
If built, and leveraged well, ‘Raast’ can truly catalyse a paradigm shift regarding how transactions are executed in the country, enabling hefty economic dividends in the process.
The State Bank of Pakistan (SBP) has finally granted approval to SadaPay, a Pakistani fintech startup, to officially begin its pilot operations in 2021.
The report draws insights from a regional survey, which polled more than 5,000 consumers in September 2020 in the UAE, Saudi Arabia, Egypt, Jordan, Qatar, Kuwait, Bahrain, and Pakistan.