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PM to launch first phase of Instant Payment System

PM to launch first phase of Instant Payment System
System will facilitate transfer of dividends to bank accounts of investors through CDC
The State Bank of Pakistan (SBP) has achieved a significant headway on a payment system, which is aimed at transferring dividend payments directly to bank accounts of investors through the Central Depository Company (CDC).
The development of Pakistan’s Instant Payment System project, powered by the SBP in collaboration with its partners, has progressed significantly and Prime Minister Imran Khan will soon launch the completion of its first phase, said SBP Governor Reza Baqir.
Chairing the third nationwide stakeholders’ meeting on digital financial services on Thursday, he commended the completion of this phase in a reasonable time despite Covid-19 disruptions and appreciated continuous support from the SBP partners and other stakeholders. ....

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Pakistan's Instant Payment System is Almost Ready: SBP Governor

Pakistan’s Instant Payments System is almost ready and will be launched soon, as indicated by the State Bank of Pakistan (SBP) Governor, Dr. Reza Baqir, ....

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Governor State Bank of Pakistan steers the third Stakeholders Meeting on Digital Financial Services

Governor State Bank of Pakistan steers the third Stakeholders Meeting on Digital Financial Services
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