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Raast Aims to Create Pakistan's Unified Digital Payments Infrastructure

Pakistan's central bankers have taken the plunge into the world of digital payments with their own offering: Raast. It aims to create an instant low-cost payment system that can seamlessly and securely connect government entities, a variety of banks and State Bank authorized private payment processors like 1Link and NIFT which may choose to take advantage of it.  Currency and coins in circulation account for about 43% of Pakistan's total money supply. The introduction of Raast is part of the…See More
4 hours ago
Riaz Haq posted a blog post

Raast Aims to Create Pakistan's Unified Digital Payments Infrastructure

Pakistan's central bankers have taken the plunge into the world of digital payments with their own offering: Raast. It aims to create an instant low-cost payment system that can seamlessly and securely connect government entities, a variety of banks and State Bank authorized private payment processors like 1Link and NIFT which may choose to take advantage of it.  Currency and coins in circulation account for about 43% of Pakistan's total money supply. The introduction of Raast is part of the…See More
4 hours ago
Riaz Haq commented on Riaz Haq's blog post With Covid19 Under Control, Pakistan Enjoys V-Shaped Recovery in Manufacturing
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Riaz Haq commented on Riaz Haq's blog post Overseas Pakistanis Rescuing Pakistan Economy Yet Again
"Why are #Chinese #car makers setting up shop in #Pakistan? Master Chang'an Motors, a Pakistan-Chinese #automotive joint venture recently sold out 6 months’ production of its first compact sedan car Alsvin within five days of market…"
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Riaz Haq commented on Riaz Haq's blog post Pulwama Attack: Did Modi Order False Flag Operation in Kashmir?
""While the mature handling of the crisis by Pakistan’s leadership averted the worst-case scenario, the fact that the Modi government orchestrated the Pulwama false flag to gain domestic political advantage showcased jingoistic mindset…"
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    Blog Posts

    Raast Aims to Create Pakistan's Unified Digital Payments Infrastructure

    Pakistan's central bankers have taken the plunge into the world of digital payments with their own offering: Raast. It aims to create an instant low-cost payment system that can seamlessly and securely connect government entities, a variety of banks and State Bank authorized private payment processors like 1Link and NIFT which may choose to take advantage of it.  Currency and coins in circulation account for about 43% of Pakistan's total money supply. The introduction of Raast is part of the…

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    Posted by Riaz Haq on January 23, 2021 at 1:30pm — 1 Comment

    Pulwama Attack: Did Modi Order False Flag Operation in Kashmir?

    On 14 February 2019, a terrorist attack near Pulwama in Kashmir killed 40 Indian soldiers. It has now come to light that Indian TV anchor Arnab Goswami had prior knowledge of it. He wrote in a WhatApp message to BARC TV rating company head Pratho Dasgupta on that day that his channel was “20 min ahead on the biggest terrorist attack of the year in Kashmir”. "This attack we have won like crazy", he added. Arnab Goswami has close ties to the nation's Hindu Nationalist Prime Minister Narendra…

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    Posted by Riaz Haq on January 21, 2021 at 10:30am — 5 Comments

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