Easypaisa Discontinues its Virtual Debit Card Service

Easypaisa has discontinued its flagship Virtual Debit Card service, we have checked.The service worked on the same principle as any debit card...

Sindh Bank-Summit Bank Merger to Happen in December

The management of Summit Bank has finalized a scheme of amalgamation of its operations with Sindh Bank.Summit Bank will be closing down...

HBL Launches Open Payments API in Pakistan

As an industry first, HBL has launched an open API, allowing its 10 Million bank account holders to instantly purchase movie, bus...

Over 5,000 Wells Fargo ATMs now support card-free access via Apple...

Wells Fargo’s ATMs are getting an upgrade. The bank announced today that more than 40 percent – or...

Govt’s WHT on Banking Transactions Is Doing More Harm Than Good

The government has enhanced the burden of taxes on the common man to generate revenues for the economy but its measures such...

You Can Buy Xiaomi Products on Installments with 0% Markup from...

Xiaomi has partnered with Faysal Bank to bring its flagship products at your doorstep. Faysal Bank is offering Xiaomi products at installments...

Rupee’s Current Value Against Dollar is Fair: Governor SBP

The Governor for State Bank Pakistan (SBP) Tariq Bajwa, following a meeting of National Assembly Standing Committee on Finance, has declared...

How Your ATM Cards are Hacked in Pakistan & How to...

ATM hacking incidents have been in the news in Pakistan these days as hundreds of ATM card holders found their accounts empty...

Branchless Banks Asked to Give Rs. 100 of Mobile Balance on...

State Bank of Pakistan (SBP) has asked branchless banking (BB) players to give free airtime of Rs. 100 to their account holders,...

Banks Investments in Govt Papers Surge By Rs. 1 Trillion in...

The commercial banks’ reliance on government papers/securities for making investment and securing safe returns is continuing, as an amount of more than...