Episode 15: Digitization of Pakistan's Financial Landscape
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Description
Mr. Sohail Javaad, Executive Director, Digital Financial Services Group, talks about the digital evolution of Pakistan’s financial landscape. He explains SBP’s role in providing a nurturing framework/ platform for fintechs and other stakeholders to enhance their facilities, services and products. He highlights some unique achievements of Pakistan such as having two payment platforms i.e. 1 Link and Raast; the successful implementation of systemically important initiatives such as PayPak, RTGS, and the benefits they bring. He addresses important current issues such as why certain petrol pumps no longer accept card payments. He also addresses the future of cryptocurrencies in Pakistan, and why PayPal is not available in the country. Host: Adeel Azhar  Guest: Sohail Javaad    ---DISCLAIMER: SBP is providing this podcast as a public service to educate the public about current economic issues and market trends, but it is neither a legal interpretation nor a policy statement of SBP. Reference to any specific product or entity does not constitute an endorsement or recommendation by SBP. The views expressed by participants are entirely their own and the views and opinions expressed by SBP employees are those of the employees and do not necessarily reflect the view of the SBP or any of its officials. SBP does not accept any liability in respect of the material shared in this podcast.
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