Pakistan Approves Rs 3.5 Billion Subsidy to Promote Cashless Economy
The State Bank of Pakistan (SBP) has announced that the federal government has approved a targeted subsidy of Rs 3.5 billion to support the transition toward a cashless economy. According to the SBP, the subsidy will be provided to regulated entities for onboarding merchants onto the Raast digital payment system and for facilitating Raast Person-to-Merchant…
