News
Pakistan Mandates November 15 and December 2026 Deadlines for Digital Payments System
Prime Minister Shehbaz Sharif orders time-bound targets for Pakistan's digital payments system, replacing cheque transactions with Raast.
IESCO Introduces QR Code Payment System for Electricity Bills and Demand Notices
IESCO launches QR code payments across its service region, allowing electricity consumers to pay monthly bills and demand notices instantly via mobile apps.
Pakistan IT Sector Drives Services Exports to $2.72 Billion in Q1 FY27
Pakistan's services export revenue rose 22.6% to $2.72 billion in Q1 FY27, led by $1.246 billion from IT and telecom exports.
Pakistan and Sudan Prepare Bilateral Agreement to Combat Cross-Border Cybercrime
Pakistan and Sudan move to sign an MoU on combating cybercrime, expanding police training and extending NADRA-backed civil identity systems.
FBR Allows Corrections to Sales Tax Invoices on IRIS Past 72 Hours
The FBR has opened a mechanism on the IRIS portal allowing registered taxpayers to amend or cancel sales tax invoices past the 72-hour window with commissioner approval.
PTA Quality of Experience Survey Ranks Jazz Ahead in Twin Cities Network Test
Jazz leads mobile network quality in Islamabad and Rawalpindi following the Pakistan Telecommunication Authority's latest Quality of Experience survey.
SECP Registers Six Satellite Internet Providers as Approvals Shift to PSARB and PTA
Six satellite internet providers have registered with the SECP, but commercial rollouts remain subject to PSARB clearance and Ministry of Interior security vetting.
JazzWorld Revenue Hits PKR 144.9 Billion in Q3 2026 as Digital Services Surpass 40%
JazzWorld reported PKR 144.9 billion in Q3 2026 revenue, with fintech and digital platforms accounting for over 40% of its business as daily nano-loans exceeded 230,000.
State Bank Deploys Cisco Software-Defined Core Banking Network in Karachi
The State Bank of Pakistan has deployed a new software-defined core banking network and data centre built with Cisco Systems at its Karachi headquarters.
National CERT Warns of AI Cyberattacks Targeting Pakistani Banks and Infrastructure
National CERT warns Pakistani banks and utility operators of AI-powered cyberattacks targeting customer accounts, payment systems, and power grids.
Government Mandates Raast for Asaan Assignment Accounts Starting November 16
Federal cheque payments under Asaan Assignment Accounts end on November 15, with all disbursements moving exclusively to Raast on November 16.
Telecom Giants Push PTA for Device Financing Rules to Ease High Costs
Pakistan's leading telecom operators are pressing the PTA for clear regulations to support smartphone installment plans and tackle low ownership rates.