Regulatory Alerts2025-09-23 | PSP&OD Circular No 03 of 2025Added · Updated
Allocation of Subsidy for Raast Person-to-Merchant (P2M) QR Payments
Regulated Entities providing Raast P2M QR acceptance services are eligible for a subsidy of 0.5% of transaction value or PKR 100 per transaction, whichever is lower, for successful transactions processed between 1 September 2025 and 30 June 2026. The subsidy is shared equally between Merchant Service Providers and Customer Service Providers, who must submit quarterly claims verified by internal audit to Raast Payments Pakistan within five working days of the quarter's close. Claims for September 2025 will be paid with the quarter ending December 31, 2025, subject to fund release by the Finance Division of the Government of Pakistan.
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