In order to promote digital
payments through payment cards in the country,
it has been decided that banks in Pakistan
shall not charge any variable transaction
fee (Interchange, Merchant Discount Rate etc.)
on payments made to Federal and Provincial
Governments using electronic modes of payments
including payment cards and electronic wallets
etc. The acquiring banks, however, may charge
a pre-determined flat service fee from the
concerned government entities with mutual
agreement. Further, these instructions will
be applicable at the time of signing of new
agreement or the renewal of existing agreements.
Accordingly, all issuing
and acquiring banks/microfinance banks/payment
schemes are advised to meticulously comply
with these instructions.
Please acknowledge receipt.