Page 30 · Business & Finance

NBP facilitates Raast

ADVANCING the prime minister’s vision of a modern, cashless, and digitally empowered economy, the National Bank of Pakistan has achieved another significant milestone in the public sector’s digital transformation journey. NBP has onboarded the Bureau of Emigration & Overseas Employment (BEOE) to digitise its payment coIIection process. The agreement was recently signed by Rehmat Ali Hasnie, President and CEO of NBP, and Javed Zia, Director General of BEOE.

Under this partnership, NBP will facilitate Raast P2M QR-based digital fee collections for BEOE’s walk-in applicants, enabling instant, secure, and convenient payments while enhancing customer convenience, operational efficiency, and transparency.

On the occasion, Mr Hasnie, accompanied by Adnan Nasir, Group Chief and Chief Digital Officer at NBP, highlighted the significance of cashless and digital payment systems in driving Pakistan’s digital transformation. These developments reflect the rapid shift from conventional payment methods to modern digital transaction systems across public sector organisations.

NBP remains committed to delivering innovative digital payment solutions across Pakistan and accelerating the country’s transition towards a secure, efficient, and inclusive digital economy. •