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digital payment

SBP reposes its confidence in digital payment infrastructure

KARACHI: The State Bank of Pakistan (SBP) recently reviewed the country’s digital payment infrastructure and...

Published 01 Oct, 2024 06:49am

Business & Finance

PITB signs agreement with JazzCash to enhance digital payment scope

LAHORE: The Punjab Information Technology Board (PITB) has signed an agreement with JazzCash to enhance digital...

Published 03 Aug, 2024 06:46am

Opinion

FinTech revolutionises Pakistan’s financial landscape

The global ascent of FinTech is heralding a transformative era in financial landscapes worldwide. Pioneering...

Published 27 Jan, 2024 06:20am

Business & Finance

Faysal Bank announces strategic collaboration with OPay

KARACHI: Faysal Bank Limited, a leading Islamic financial institution known for its commitment to technological...

Published 26 Jan, 2024 04:58am

Team reaches UAE to remove bottlenecks

ISLAMABAD: Pakistan’s key team comprising caretaker Minister for Commerce and Industries, Gohar Ijaz has reached...

Updated 05 Jan, 2024 09:17am

Business & Finance

BOP forges strategic alliance with PayNet

LAHORE: The Bank of Punjab (BOP), recognized as one of the nation’s premier commercial banks, has embarked on a...

Published 29 Sep, 2023 06:24am

Business & Finance

easypaisa, foodpanda partner for seamless payment

KARACHI: easypaisa and foodpanda have joined hands to introduce seamless payment options for customers. Users will...

Published 01 Sep, 2023 05:41am

Business & Finance

Payment innovation: SCB and Mastercard join hands

KARACHI: Standard Chartered Bank Pakistan Ltd and Mastercard have signed an exclusive strategic partnership to...

Published 19 May, 2023 06:17am

Business & Finance

HABIBMETRO, IDEMIA and VISA kick off tokenisation & digital card programme

KARACHI: In continuation of its innovation journey, HABIBMETRO, in collaboration with VISA, commenced its...

Published 17 Mar, 2023 06:15am

Business & Finance

Potential of digital payment ecosystem highlighted

ISLAMABAD: Executive Vice President of Global Business Development, Omar El Gammal said there is incredible ...

Published 26 Feb, 2023 03:27am

FY21-22: digital payments take a rising trajectory

KARACHI, The digital payment ecosystem of Pakistan continued to grow as the overall e-banking transactions witnessed...

Updated 24 Dec, 2022 10:06am

Business & Finance

Telemart, NIFT ePay team up to provide great digital payment experience

KARACHI: Telemart collaborates with NIFT ePay to provide a superior digital payment experience to its customers. ...

Published 07 Dec, 2022 05:54am

Markets

KE partners with Faysal Bank to provide bill installment facility

KARACHI: In furtherance to its efforts to maximise customer convenience, K-Electric has partnered with Faysal Bank...

Published 15 Sep, 2022 05:57am

Business & Finance

Credit, debit cards: Careem introduces digital payment visibility for ‘captains’

KARACHI: Careem has introduced visibility for credit/ debit card payments to all its ‘captains’ across Karachi,...

Published 14 Sep, 2022 04:45am

Senate body rejects key proposals of Finance Bill

ISLAMABAD: The Senate Standing Committee on Finance has rejected some key provisions of the Finance Supplementary...

Updated 11 Jan, 2022 09:34am

BR Research

M-wallets: Slowing down?

The rise in branchless banking (BB) segment mid-pandemic has been well-documented. However, the recent release of...

Published 04 Jan, 2022 08:04am

BR Research

Digitizing tax

The new income tax law for any company making cumulative annual payment of beyond Rs250,000 from any single account...

Updated 30 Nov, 2021 03:35pm

BR Research

Booming e-banking

Concentration of digital payments is improving in the banking system. In the first full fiscal year after the...

Published 27 Oct, 2021 07:40am

Business & Finance

After KTBA, FPCCI also criticises FBR's 'digital payments' measure

Writes letter to FBR chairman, says amendment made without taking business community on board

Updated 26 Oct, 2021 09:11pm

Business & Finance

KTBA calls FBR's digital payments measure 'anti-business, contradictory'

Writes letter to FBR chairman, argues provision of law is anti-business; sans due diligence and is incorporated without taking the stakeholders into confidence

Updated 25 Oct, 2021 08:58pm

Bank account attachment: Senate panel asks FBR to withdraw orders

ISLAMABAD: The Senate Standing Committee on Finance has recommended to the Federal Board of Revenue (FBR) to...

Updated 22 Oct, 2021 09:57am

Opinion

Benefits of digitizing documents

The puzzle of documentation is not getting solved. The cash (or more broadly the informal) economy is growing ...

Published 07 Feb, 2021 04:07am

Perspectives

What is Raast? An Explainer

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.

Updated 13 Jan, 2021 11:40am

BR Research

Raast: Paving the way for economic prosperity

The Prime Minister in a ceremony held at the PM House launched Raast, a payment interface being developed by the ...

Published 12 Jan, 2021 07:30am

Technology

Pakistani Fintech SadaPay earns pilot launch approval from SBP

The State Bank of Pakistan (SBP) has finally granted approval to SadaPay, a Pakistani fintech startup, to officially begin its pilot operations in 2021.

Updated 16 Dec, 2020 10:31am

Technology

KP to Launch Digital Payment System by June 2021: Zia Ullah Bangash

KP Government plans on launching the Digital Payment System by June 2021, according to Zia Ullah Bangash.

Updated 05 Dec, 2020 02:36pm

Business & Finance

SBP blocks payment for subscribing to India’s Zee5

The SBP says the ban was imposed at the behest of the federal government.

Published 13 Nov, 2020 11:28am

Business & Finance

Ecommerce & Digital Payment industries set for major growth in Pakistan: Survey

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.

Published 11 Nov, 2020 11:59am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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