NBP Digitizes Passport Fee Payments Through Raast P2M QR

National Bank of Pakistan (NBP) has introduced a digital payment system for passport fees through Raast Person-to-Merchant (P2M) QR codes, enabling citizens to pay fees via mobile applications of partner banks. This move aligns with NBP's digital transformation journey and the government's "Cashless Pakistan" initiative, aimed at promoting digital payments and digitizing government transactions.

Ch. Muhammad Ali Randhawa, Director General Immigration & Passports, and his team visited NBP's Head Office in Karachi to review the Raast-based cashless passport fee payment solution and discuss potential collaborations for future digital payment enhancements, such as a PSID-based alternate payment mechanism. NBP's SEVP & Group Chief Financial Officer, Mr. Abdul Wahid Sethi, emphasized NBP's commitment to facilitating accessible and efficient public services, while the Director General Immigration & Passports expressed appreciation for NBP's efforts in advancing digital transformation and improving public service delivery.

The successful rollout of this initiative highlights NBP's pivotal role in promoting interoperable digital payments and modernizing government-related collections in line with Pakistan's evolving digital payments landscape. Raast, Pakistan's instant payment system, enables digital payments for individuals, businesses, and government entities.