Published on, Aug. 19 -- August 19, 2025 7:24 AM

The State Bank of Pakistan (SBP) will launch its upgraded payment and settlement system, called PRISM+, on Tuesday, August 19, 2025. The event will be led by the Governor of the State Bank of Pakistan, Mr. Jameel Ahmad, and will bright together senior SBP officials, representatives from financial institutions, and key stakeholders across the financial sector. This advancement marks a significant milestone in the ongoing evolution of Pakistan's financial infrastructure.

This new system is a major step forward in modernizing how money and government securities move across the country's financial system.

PRISM+ is based on the global ISO 20022 messaging standard, which is used in many advan...