Table of Contents

Over 25 Million Users Registered With Raast in 2022

By the end of 2022, the Raast payment system will have around 25.8 million users registered thanks to its well-liked feature of fast cash transmission at no cost.

Read More: Shoaib Akhtar Enclave Commercial Plots to be Launched Soon

SBP has launched a project called Raast to encourage quick end-to-end digital payments among people, companies, and governmental organizations.

Over 21 million transactions totaling Rs. 578 billion were made possible by the P2P payment system in the final quarter of 2022. During the ensuing third quarter of 2022, the system handled 11.8 million transactions worth Rs. 234 billion.

The system, which was introduced in February 2022, has seen a rise in both users and transactions, and in the first 11 months after its launch, it has handled more over Rs. 1 trillion.

Read More: Kingdom Valley Launched Affordable Heroes Block

Customers can use the bank’s mobile application, internet banking, or branch visits to set their registered mobile phone number as their Raast ID and link it to their selected International Bank Account Number (IBAN).

When a customer sets her or his mobile phone number as the Raast ID, others can pay money to her or him using that number without needing to know the account number or any other information. Even if they don’t have a Raast ID or would rather use their IBAN, bank customers can still utilize the Raast service to transfer or receive money using their IBANs.

The minimum transaction threshold for customers making RAAST payments is Rs. 200,000, or the corresponding transaction thresholds for the account type.

Read More: International Standard Cricket and Football Stadiums in Islamabad

The Interbank Fund Transfer (IBFT) limit must be met by the total customer limit applied to RAAST payments.

The available transaction limit will be displayed in the clients’ mobile apps and online banking portals, and the aggregate limit will be disclosed to them.

Read More: Repairing, and Decoration of Faisal Masjid is Being Initiated

Please check out the Al Sadat Marketing website to find out what’s going on.

You can also invest in other famous and most in demand housing societies, such as , Blue World CityRudn Enclave, 7 Wonders City Peshawar, Taj Residencia, Kingdom ValleyNew Metro City Gujar Khan, Forest Town Rawalpindi, University Town Rawalpindi, ICHS Town, Park View City Islamabad, Multi Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit https://alsadatmarketing.com/

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2, Prism Town Gujar Khan, New City Paradise, Eighteen Islamabad, 7 Wonders City Islamabad, Capital Smart CitySilver City Islamabad, The Life ResidenciaFaisal Town Islamabad, Islamabad Golf City, Islamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

Book Your Plot Now: +92 331 111 0005

Tags :

Share :

About Author
About Author

Syed Sadat Hussain Shah

Leave a Reply

Your email address will not be published. Required fields are marked *