Raast
FPSPakistan's first instant payment system. 24/7/365. Launched January 2021. Enables P2P, P2M (QR code), bulk payments (government salaries, pensions, welfare), and tax payments. Free for individuals. Phone-number-based proxy (Raast ID). 25+ banks/MFBs with P2P QR. Operated by SBP.
ClearingPost does not assess whether Raast is running normally.
Next
Dated items ClearingPost holds, each with its source and whether the date is confirmed
No supported upcoming items in ClearingPost's records for Raast.
ClearingPost holds sourced upcoming items for 16 of 150 systems; an empty list is a statement about ClearingPost's records, not about a system's plans.
Changed
Material, sourced changes ClearingPost recorded; corrections to its own record are labelled as such
No substantive change recorded for Raast in ClearingPost's change records.
The full activity log for this system, including context notes, is on the Changes page.
Sources No status page recorded · 11 of 14 fields carry a source and a recorded date · latest sourced entry recorded 20 Aug 2026 · evidence details ↓
Record · Raast
Q1 2026 (Jan-Mar): 742.1M transactions worth PKR 23.3T. P2P: 664M transactions (+10% QoQ) worth PKR 18.9T. P2M: 55.9M transactions (up from 36.3M previous quarter). Raast accounted for ~20% of all retail transaction volume processed through formal channels in Q1 2026. Source: SBP Payment Systems Quarterly Review Q3 FY26. last recorded: 2026-07-03.
Operations · Raast
Operational monitoring: not configured. ClearingPost does not monitor operational sources for this system and does not assess its current service condition.
Operations lists the systems ClearingPost monitors and the operational events it has recorded.
Intelligence for Raast (6)
Coverage whose headline or summary names Raast, or names its operator or country together with its system type. Each item quotes that evidence and says whether the source is the Raast operator or external.