Pakistan, July 16 -- Governor State Bank of Pakistan (SBP), Mr. Jameel Ahmad, has welcomed the launch of the HBL, UnionPay International and PayPak co-badged debit card, describing the partnership as an important milestone in Pakistan's journey toward a modern, resilient and inclusive digital payments ecosystem that supports the Prime Minister's vision of a Cashless Pakistan.

Speaking at the launch ceremony, Governor SBP said the co-badged payment solution combines the strength of Pakistan's domestic payment infrastructure with the international acceptance of a global payment network. He said the initiative reflects SBP's long-term vision for PayPak-to establish a secure, cost-effective and locally governed payment scheme capable of supp...