CW Pakistan
  • Legacy
    • Legacy Editorial
    • Editor’s Note
  • Academy
  • Wired
  • Cellcos
  • PayTech
  • Business
  • Ignite
  • Digital Pakistan
  • DFDI
  • PSEB
  • PASHA
  • TechAdvisor
  • GamePro
  • Partnerships
  • PCWorld
  • Macworld
  • Infoworld
  • TechHive
  • TechAdvisor
0
0
0
0
0
Subscribe
CW Pakistan
CW Pakistan CW Pakistan
  • Legacy
    • Legacy Editorial
    • Editor’s Note
  • Academy
  • Wired
  • Cellcos
  • PayTech
  • Business
  • Ignite
  • Digital Pakistan
  • DFDI
  • PSEB
  • PASHA
  • TechAdvisor
  • GamePro
  • Partnerships
  • PayTech

K-Electric and SBP Partner to Enhance Digital Payment Services

  • October 30, 2024
Total
0
Shares
0
0
0
Share
Tweet
Share
Share
Share
Share

SBP and K-Electric have joined forces to accelerate the country’s digital transformation. The two entities have signed agreements to integrate K-Electric’s bill payment services into the Raast payment system.

This partnership will enable K-Electric customers to make seamless and secure payments through their bank accounts via Raast, Pakistan’s instant payment system. The integration will offer a convenient and efficient way for customers to settle their utility bills.

Saleem Ullah, Deputy Governor of the SBP, emphasized the importance of digitalizing public services and encouraged the banking industry to collaborate with fintech companies to provide innovative payment solutions. He highlighted the increasing demand for digital payment options and the role of Raast in facilitating these services.

Moonis Alvi, CEO of K-Electric, expressed his enthusiasm for the partnership, stating that it aligns with the company’s vision of enhancing customer experience through digital innovation. By integrating with Raast, K-Electric aims to provide a more convenient and accessible payment experience for its customers.

This collaboration marks a significant step towards a more digital Pakistan, where citizens can easily access essential services and make payments through various digital channels.

Share
Tweet
Share
Share
Share
Previous Article
  • PayTech

Bank Alfalah Unveils New Alfa App for Digital Banking in Pakistan

  • October 30, 2024
Read More
Next Article
  • Wired

Cheezious Partners with MathMania to Promote Math Education

  • October 30, 2024
Read More
You May Also Like
Read More
  • PayTech

Bank Alfalah Offers 0% Markup Installments on Smartwatches and Earbuds for Credit Card Holders

  • Press Desk
  • July 8, 2025
Read More
  • PayTech

AliExpress Sellers Halt Cheap Shipping to Pakistan Amid Customs Restrictions

  • Press Desk
  • July 2, 2025
Read More
  • PayTech

StockIntel Introduces Direct Brokerage Integration with Munir Khanani Securities for PSX Investors

  • Press Desk
  • June 30, 2025
Read More
  • PayTech

Digital Payments Dominated Retail Transactions in Pakistan Q3 FY25

  • Press Desk
  • June 25, 2025
Read More
  • PayTech

Pakistanis Spend Rs. 317 Billion on Meta, Apple, Google, Netflix, and Other Online Apps

  • Press Desk
  • June 21, 2025
Read More
  • PayTech

E-Commerce Associations Urge Government to Rethink Tax Measures in Finance Bill 2025-26

  • Press Desk
  • June 21, 2025
Read More
  • PayTech

Ecommerce and Freelancer Communities to Protest Massive Tax Hike in Karachi

  • Press Desk
  • June 19, 2025
Read More
  • PayTech

FBR to Generate Rs65 Billion from New Digital and E-commerce Tax Measures

  • Press Desk
  • June 19, 2025
Trending Posts
  • Jazz and Zong Lead in Pakistan’s 2025 Download Speed Rankings Across 15 Cities
    • July 11, 2025
  • OIC COMSTECH Workshop Emphasizes Quality Assurance and University Rankings
    • July 11, 2025
  • Islamabad Court Suspends Ban on 27 Pakistani YouTube Channels
    • July 11, 2025
  • Cabinet Approves Retention of NITB Under Ministry of IT
    • July 10, 2025
  • Cratus Launches 100,000 sq. ft. Smart Telecom Cabinet Facility in Islamabad
    • July 10, 2025
about
CWPK Legacy
Launched in 1967 internationally, ComputerWorld is the oldest tech magazine/media property in the world. In Pakistan, ComputerWorld was launched in 1995. Initially providing news to IT executives only, once CIO Pakistan, its sister brand from the same family, was launched and took over the enterprise reporting domain in Pakistan, CWPK has emerged as a holistic technology media platform reporting everything tech in the country. It remains the oldest continuous IT publishing brand in the country and in 2025 is set to turn 30 years old, which will be its biggest benchmark and a legacy it hopes to continue for years to come. CWPK is part of the SPIN/IDG Wakhan media umbrella.
Read more
Explore Computerworld Sites Globally
  • computerworld.es
  • computerworld.com.pt
  • computerworld.com
  • cw.no
  • computerworldmexico.com.mx
  • computerwoche.de
  • computersweden.idg.se
  • computerworld.hu
Content from other IDG brands
  • PCWorld
  • Macworld
  • Infoworld
  • TechHive
  • TechAdvisor
CW Pakistan CW Pakistan
  • CWPK
  • CXO
  • DEMO
  • WALLET

CW Media & all its sub-brands are copyrighted to SPIN-IDG Wakhan Media Inc., the publishing arm of NCC-RP Group. This site is designed by Crunch Collective. ©️1995-2025. Read Privacy Policy.

Input your search keywords and press Enter.