Raast - bigspay: FinTech, Blockchain, and Crypto News

NBP Enables Digital Passport Fee Payments Through Raast

The National Bank of Pakistan (NBP) has enabled digital passport fee collections through Raast Person-to-Merchant (P2M) QR, allowing citizens to conveniently pay passport fees using the mobile applications of participating…

Zara Fatima September 12, 2026

JazzCash onboards 1.7 million merchants onto Pakistan’s Raast QR network

FinTech & TradFi

JazzCash Brings 1.7 Million Merchants Onto SBP Interoperable Raast Network

JazzCash has onboarded 1.7 million merchants onto the State Bank of Pakistan’s interoperable Raast QR payment network, strengthening its position as one of the country's largest digital payment acceptance platforms.…

Zara Fatima September 6, 2026

Pakistan banking sector records 9.1% balance sheet growth in H1CY26

FinTech & TradFi

SBP Rejects Claims Linking Raast to Money Laundering

The State Bank of Pakistan (SBP) has rejected media reports and social media claims suggesting that the Financial Action Task Force (FATF) identified Pakistan’s Raast payment system as a channel…

Zara Fatima September 4, 2026

FinTech & TradFi

SBP Prepares Pakistan’s CBDC Pilot for Digital Rupee

The State Bank of Pakistan (SBP) is preparing a pilot for a Central Bank Digital Currency (CBDC), potentially taking Pakistan closer to a digital version of the Pakistani rupee. The…

Zara Fatima August 15, 2026