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All Stories: Payments

‘Freelancers in Pakistan to start receiving PayPal payments in February’

ISLAMABAD: Caretaker Federal Minister for IT and Telecommunication Dr. Umar Saif on Thursday said that under the pilot project, 10,000 freelancers would start receiving...

Pizza restaurant offers to delay payments until customers die

Hell Pizza, a renowned pizza chain based in New Zealand, has introduced a rather unconventional proposition to its customers: the option to "buy now,...

Reko Diq project: Federal Cabinet okays payments for Chilean firm

ISLAMABAD: Following the endorsement of the multi-billion dollars Reko Diq project deal by the Supreme Court of Pakistan, the federal cabinet on Tuesday approved...

SBP issues clarification on holding payments to Google

The State Bank of Pakistan (SBP) has dismissed “baseless and misleading” media reports that it had withheld payments to Google. The SBP statement comes after...

Adobe jumps into e-commerce payments business

Adobe on Wednesday said it will add payment services to its e-commerce platform this year to help merchants accept credit cards and other ways...

COVID-19: SBP announces doorstep cheque collection, other facilities

The state bank announced the measures aimed at limiting person-to-person interactions and provide ease of services.

Airline announces to only accept payments in US dollars

Crisis-hit Lebanon's national carrier will only accept payments in US dollars from Monday, according to state media.

WhatsApp to roll out payments feature

WhatsApp will roll out its payments service in India this year following a year-long pilot, its global chief Will Cathcart has said

Senate body seeks report on payments being given to unproductive power plants

The National Electric Power Regulatory Authority (NEPRA) officials said in 2007 there was no power plant which would get money without functioning.

WhatsApp builds system to comply with India’s payments data storage norms

NEW DELHI: Facebook Inc’s WhatsApp said on Tuesday it has built a system that stores payments-related data locally in India, in a bid to...

India to bar cryptocurrencies from its payments system: finance ministry official

NEW DELHI: India is planning steps to ensure cryptocurrencies are illegal within its payments system, while at the same time appointing a regulator to...

Annual review of payment systems shows significant growth: SBP

KARACHI: During the financial year 2016 (FY16), Payment Systems in Pakistan have shown significant growth in key performance indicators, State Bank of Pakistan (SBP)...

Biometric Verification System for payments launched in Mirpur Khas, Sanghar

ISLAMABAD: Under Benazir Income Support Program (BISP), Biometric Verification System for payments was inaugurated in Mirpur Khas and Sanghar on Sunday. Addressing the inaugural ceremony,...

Pakistan’s liquid foreign reserves at $19,818mln

KARACHI: Pakistan’s total liquid foreign reserves stood at $19,818.7 million on 23rd October, 2015, ARY News reports.

UK 'Google tax' will target inter-company payments

LONDON: A new British tax on companies that shift profits out of the country and into tax havens will target inter-company fees for services like use of intellectual property, according to a Treasury document seen by Reuters.

Cyberattacks to worsen in 2015: McAfee researchers

WASHINGTON: A series of spectacular cyberattacks drew headlines this year, and the situation will only worsen in 2015 as hackers use more advanced techniques to infiltrate networks, security researchers said Tuesday.
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