Raast

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aik by BankIslami Launches Pakistan’s First Shariah-Compliant Raast QR Payment Gateway

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aik by BankIslami has taken a major step in advancing Pakistan’s digital payments ecosystem with the launch of aikPay, the country’s first Shariah-compliant Raast-enabled QR Payment Gateway. Built on the State Bank of Pakistan’s Raast infrastructure, aikPay enables real-time online payments through dynamic QR codes, offering a fast, secure, and fully digital checkout experience. The […]

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New Raast P2M Service Launched to Boost Digital Payment Acceptance in Pakistan

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The State Bank of Pakistan (SBP) has launched a new Raast Person-to-Merchant (P2M) payment service to make it easier for merchants and businesses to accept digital payments. This move is expected to significantly boost digital payment adoption in Pakistan. Benefits for Merchants: Timeline for Adoption: Promoting Raast Adoption: Building a Robust Ecosystem: Raast’s Initial Success: […]

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