Pakistan, Nov. 13 -- Cashless Pakistan initiative gained fresh momentum as the government urged banks to expand digital payment services nationwide. Minister of State for Finance Bilal Azhar Kayani met senior banking executives in Karachi on November 13. The meeting took place at the Pakistan Banks Association headquarters and focused on advancing the Prime Minister's digital payments agenda. Officials from the State Bank of Pakistan, Raast and Karandaaz also attended.

Kayani briefed participants on progress under the initiative, including greater use of digital payments and government transaction digitisation. He also discussed targets for fiscal year 2026 and highlighted advances towards meeting them. The minister encouraged banks to t...