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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. ....

Reza Baqir , Imran Khan , Central Depository Company , Melinda Gates Foundation , Benazir Income Support Programme , Foreign Exchange Manual , State Bank , Instant Payment System , Prime Minister Imran Khan , Roshan Digital Account , Electronic Money Institutions , Karandaaz Pakistan , Mckinsey Pakistan , Instant Payment , Accountant General , Pakistan Revenue , News Update , ரெஸ பாகீர் , இம்ரான் காந் , மைய வைப்புத்தொகை நிறுவனம் , மெலிண்டா வாயில்கள் அடித்தளம் , வெளிநாட்டு பரிமாற்றம் கையேடு , நிலை வங்கி , உடனடி கட்டணம் அமைப்பு , ப்ரைம் அமைச்சர் இம்ரான் காந் , ரோஷன் டிஜிட்டல் எண்ணுதல் ,

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Omar Faridi , Pakistan Central Depository Company , Central Depository Company , ஓமர் பரிதி , பாக்கிஸ்தான் மைய வைப்புத்தொகை நிறுவனம் , மைய வைப்புத்தொகை நிறுவனம் ,

CDC starts digital platform


CDC starts digital platform
January 2, 2021
KARACHI: The Central Depository Company of Pakistan Limited (CDC), through its subsidiary ITMinds Limited, has launched the pilot version of a digital platform for the support of the mutual fund industry, a statement said on Friday.
This platform, named “Emlaak Financials”, will function as a digital distribution channel initially for the mutual funds and later for other asset classes also, it added.
In the first phase, “Emlaak Financials” will provide a low-cost and centralised solution to investors, initially through covering low-risk investors, but will soon be expanded to a full-fledged distribution mechanism for all types of investors. ....

Central Depository Company Of Pakistan Limited , Central Depository Company , Pakistan Limited , மைய வைப்புத்தொகை நிறுவனம் ஆஃப் பாக்கிஸ்தான் வரையறுக்கப்பட்டவை , மைய வைப்புத்தொகை நிறுவனம் , பாக்கிஸ்தான் வரையறுக்கப்பட்டவை ,