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Raast — the way forward for financial inclusion and tackling poverty

Raast -- the way forward for financial inclusion and tackling poverty

State Bank of Pakistan in collaboration with Karandaaz and Bill & Melinda Gates Foundation, marked the beginning of 2021 with a digital leap forward following the launch of Raast — Pakistan’s first instant payment system that permits end-to-end digital payments among general public, businesses and government entities. The initiative is part of ‘Digital Pakistan Vision’ aimed at financial inclusion of poor segments and women of our society in the formal …

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