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Digital cheque clearing, unified QR code for payments launched


August 5, 2021

KARACHI: In a move towards digitalisation of financial products and services, the State Bank of Pakistan (SBP) has introduced digital cheques clearing and a unified QR code for payments. Announcing these initiatives at the 5th stakeholders’ meeting on Digital Financial Services, SBP Governor Dr Reza Baqir said the introduction of these digital services by the financial institutions will benefit all …

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