Pakistan launches its first instant payment system – Raast
(APP) --- Prime Minister Imran Khan Monday launched Pakistan’s first instant payment system – Raast – to enable end-to-end digital payments among individuals, businesses and government entities instantaneously.
The Prime Minister while addressing the gathering termed the launch a major step forward by the State Bank of Pakistan towards Digital Pakistan and said it would help include the low income groups and make them part of the mainstream economy. He was optimist that it would go a long way in fighting poverty, particularly in the rural areas.