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business Latest filing 31 Aug – 1 Sep 2026

SBP designates NIFT as a payment system operator

How it developed

3 articles · 3 outlets

Tue

SBP Designates NIFT As Payment System Operator

1 outlet
  1. ProPakistani

    SBP Designates NIFT As Payment System Operator

    SBP has designated National Institutional Facilitation Technologies (Private) Limited, or NIFT, as a Designated Payment System Operator under the Payment… Read More

Mon

SBP designates NIFT as a payment system operator

2 outlets
HarZaviya summary · from 2 outlets

Most outlets reported that the State Bank of Pakistan (SBP) designated NIFT as a payment system operator under relevant regulatory provisions. Business Recorder highlighted the legal basis of the designation, while Profit added context about NIFT’s role in operating the nationwide cheque-clearing infrastructure.

How 2 outlets covered this — an automatically generated summary. Each outlet's own headline and excerpt are below.

  1. Profit

    SBP designates NIFT a key payment system operator under new regulatory framework

    Firm runs nationwide cheque-clearing infrastructure across 27 processing centres

  2. Business Recorder 77% identical

    SBP notifies NIFT as designated payment system operator

    KARACHI: The State Bank of Pakistan (SBP) has notified National Institutional Facilitation Technologies (Private) Limited (NIFT) as a Designated Payment System Operator under Section 4(1) of the Payment Systems and Electronic Fund Transfer Act, 2007. The designation, issued by SBP, is in accordance with the Payment System Designation Framework, 2017, marks an important milestone in NIFT’s insti...

3 articles from 3 outlets over 2 developments, 31 Aug–1 Sep 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text. What does % identical mean?