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NBP digitises passport fee payments through Raast P2M QR

Business Recorder • • 1 min read

NBP digitises passport fee payments through Raast P2M QR

According to Business Recorder, National Bank of Pakistan has made passport fees payable digitally via Raast P2M QR codes. Citizens can settle these charges through the mobile apps of partner banks. The development is described as the latest stage in the bank's continuing move toward digital operations.

The initiative is linked to the federal government's Cashless Pakistan agenda, which targets wider use of digital payments and faster digitisation of state receipts. Director General Immigration and Passports Ch. Muhammad Ali Randhawa visited NBP's Karachi head office with his team to assess how the arrangement has performed. The discussions also looked at a PSID-based backup payment route designed to keep passport fee collections uninterrupted.

NBP's SEVP and Group Chief/CFO Abdul Wahid Sethi said the bank sees digital change as a way to make public services easier to reach, more efficient and centred on customers. He added that NBP is glad to back the government's drive toward electronic payments and a cashless economy. The Director General praised the bank's contribution to modernising government collections and service delivery.

At a glance

  • NBP now accepts passport fee payments through Raast P2M QR codes.
  • Citizens can pay through the mobile apps of participating banks.
  • The review also discussed a PSID-based alternative payment mechanism.

Stocks in this story

Sectors:Commercial Banks

Originally reported by Business Recorder

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