User:Muhammad236/rewrite
| Operating area | Pakistan |
|---|---|
| Founded | 12 January 2021 |
| Owner | State Bank of Pakistan |
| Website | Raast |
Raast (Template:Lang-ur lit. 'direct') is an instant payment system in Pakistan for digital payments between banks, businesses, and individuals.[1][2][3]It's first of its kind in Pakistan that offers free, fast, and reliable digital person-to-person (P2P) payments service to in the country.[4]. Raast is used on mobile devices and users just needs to connect their mobile number with their bank account to send or receive money without any cost.[5]
Partner Banks
Security
It is Pakistan's first instant payment service that enables end-to-end secure digital payments by one time password OTP and biometric fingerprint login.
See also
References
- ^ "Raast: Pakistan's Instant Payment System". http://sbp.org.pk. Retrieved 2022-11-29.
{{cite web}}: External link in|website= - ^ "PM Imran launches digital payment system 'Raast'". The Express Tribune. 2022-02-15. Retrieved 2022-11-29.
- ^ http://Dawn.com (2022-02-15). "PM Imran launches Raast person-to-person instant digital payment system". http://DAWN.COM. Retrieved 2022-11-29.
{{cite web}}: External link in|last=and|website= - ^ "'Raast' – SBP launches Pakistan's first instant payment system". http://en.dailypakistan.com.pk. 06:36 PM | 3 Feb, 2022. Retrieved 2022-11-29.
{{cite web}}: Check date values in:|date=(help); External link in|website= - ^ Bhatti, Rizwan (2022-11-23). "Digitisation of country's financial landscape highlighted". Brecorder. Retrieved 2022-11-29.
- ^ https://www.hbl.com/personal/digital-banking/raast
- ^ https://www.ubldigital.com/Instant-payments-with-Raast
Category:Payment clearing systems Category:Payment networks Category:Banking in Pakistan