Islamabad
\nNational Bank of Pakistan (NBP) has successfully enabled digital passport fee collections through Raast Person-to-Merchant (P2M) QR, allowing citizens to conveniently pay passport fees through the mobile applications of participating banks.
\nThe initiative represents another step in NBP\u2019s ongoing digital transformation journey and supports the Government of Pakistan\u2019s broader Cashless Pakistan agenda, which seeks to expand digital payments and accelerate the digitization of government payments and receipts.
\nTo review the implementation and explore opportunities for further collaboration, Ch. Muhammad Ali Randhawa, Director General Immigration & Passports, along with his team, visited NBP Head Office, Karachi, where he met with Mr. Abdul Wahid Sethi, SEVP & Group Chief\/ CFO, Financial Control Group; Mr. Faisal Topra, SEVP & Group Chief, Operations Group and Mr. Adnan Nasir, CDO & Group Chief Digital Banking Group, along with senior officials from NBP\u2019s Digital Banking and Operations teams.
\nThe engagement reviewed the performance of the Raast-based cashless passport fee payment solution and explored further digital payment options, including a PSID-based alternate payment mechanism, aimed at enhancing convenience and ensuring continuity of passport fee collections.
\nSpeaking on the occasion, Mr. Abdul Wahid Sethi said \u201cAt NBP, we see digital transformation as an important enabler of more accessible, efficient and customer-centric public services. We are pleased to support the Government of Pakistan\u2019s digital payments and cashless economy agenda and remain committed to leveraging technology to make financial services simpler and more accessible for citizens.\u201d
\nDirector General Immigration & Passports appreciated NBP\u2019s efforts and collaboration in advancing digital transformation and improving public service delivery.
\nThe successful implementation of the initiative further strengthens NBP\u2019s role in enabling interoperable digital payments and supporting the modernization of government-related collections, in line with Pakistan\u2019s evolving digital payments ecosystem. Raast is Pakistan\u2019s instant payment system, designed to facilitate digital payments across individuals, businesses and government entities.<\/p>\n","protected":false},"excerpt":{"rendered":"
Islamabad National Bank of Pakistan (NBP) has successfully enabled digital passport fee collections through Raast Person-to-Merchant (P2M) QR, allowing citizens to conveniently pay passport fees through the mobile applications of participating banks. The initiative represents another step in NBP\u2019s ongoing digital transformation journey and supports the Government of Pakistan\u2019s broader Cashless Pakistan agenda, which seeks …<\/p>\n","protected":false},"author":4,"featured_media":102886,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-102909","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/102909","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=102909"}],"version-history":[{"count":2,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/102909\/revisions"}],"predecessor-version":[{"id":102921,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/102909\/revisions\/102921"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/102886"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=102909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=102909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=102909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}