Pakistan, Sept. 18 -- Mashreq, one of the leading financial institutions in the MENA region, has become Pakistan's first newly launched digital bank to offer the full suite of Raast services, including Raast Person-to-Merchant (P2M) payments, enabling seamless digital transactions for both individual customers and merchants.

Launched in August 2026, the new capability enables merchants to receive instant payments through Raast QR codes, while customers can conveniently scan and pay merchants through Mashreq's digital banking channels. As part of the wider Raast ecosystem, the service also enables customers of any Raast-enabled bank to make payments to Raast-enabled merchants, supporting greater interoperability and convenience across Pak...