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RAAST Online Funds Transfer Service to be Unavailable on Sunday - LRE-Azan - 09-02-2023 02:48 PM
RAAST Online Funds Transfer Service to be Unavailable on Sunday
Pakistan’s instant payment system RAAST will be temporarily suspended for nearly 15 hours on Sunday.
According to the State Bank of Pakistan (SBP), the RAAST service will be unavailable from 9 AM (September 3) to 12 AM (September 4) due to a planned system upgrade.
As per our channel checks, banking services through the instant payment system will be unavailable for the time period mentioned above due to maintenance.
“RAAST services on Mobile App & Internet Banking will be unavailable from 9:00 AM 3rd September till 12:00 AM 4th September due to scheduled maintenance,” the banks said in a text.
Services are expected to resume as per normal protocols on 4 September, Monday.
Raast is Pakistan’s first instant payment system that enables end-to-end digital payments among individuals, businesses, and government entities instantaneously.