Visa Urges SME Digital Payments to Unlock $121 Billion

Karachi: Visa (NYSE: V) has released a whitepaper emphasizing the benefits of digitizing SME payments. The report highlights over $121 billion in SME B2B transactions ready for digital transformation. Umar S. Khan, Visa’s Country Manager for Pakistan & Afghanistan, stated that SMEs contribute 40% to Pakistan’s GDP and play a crucial role in job creation. …

SBP Grants Digital Banking License to Easy Paisa Bank Ltd

KARACHI: The State Bank of Pakistan (SBP) has granted a digital banking license to Easy Paisa Bank Ltd, the central bank governor announced on Tuesday. This move aims to enhance financial inclusion, particularly in remote areas of the country. Speaking on the occasion, SBP Governor Jameel Ahmad emphasized the significance of digital and branchless banking. …

KCCI Urges Govt to Provide Relief in Electricity Bills for Sindh

The Karachi Chamber of Commerce and Industry (KCCI) has issued a strong appeal to the federal government, calling for immediate relief in electricity bills for the people of Sindh. In a recent statement, the KCCI emphasized the urgent need for a reduction of 14 rupees per unit in electricity tariffs, similar to the relief recently …

REDtone Digital Services joins Google Cloud Partner Advantage Program for Pakistan

Karachi: REDtone group today announced that REDtone Digital Services (RDS) has joined the Google Cloud Partner Advantage program to bring cloud technologies to Pakistan. This is a huge achievement for the business ecosystem of Pakistan. Through RDS, public and private sector organizations, SMEs and startups will have direct access to Google Cloud, Google Education and …

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