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GCHF
Gatwala Commercial Hub , Faisalabad is Punjab’s biggest and Pakistan’s second largest mixed use, real estate project. It has a covered area of over 3.1 million sq. ft.

This mega project, designed and developed by Shah Nawaz Associates, is located, at the junction of Canal Expressway and Lahore Sheikhupura Road. The road in front of the GCH project, has an average traffic count of 30 vehicles per minute. become, the city’s next mega center for trade, commerce, industries as well as residential projects.

 

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SBP to launch micropayment gateway

KARACHI: Allowing instant transfer of funds, the State Bank of Pakistan (SBP) has announced to launch micropayment gateway (MPG) in the next two months.

“The SBP is now in the final stages of going live with the first use case, i.e. bulk transfers including government-to-person (G2P) transfers, tentatively by the end of (December) 2020,” it was announced in a report issued by SBP.

The initiative will accommodate governmental and non-governmental players including banks, businesses, and consumers to make seamless transactions.

It is aimed to digitize payments collected through the public and private sector, including salaries and pensions.

 

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