Telecom Foundation's Pak Datacom becomes the first company to use Prime Minister's inaugurated cashless payment platform

RAAST is the State Banks payment gateway on which CDC is working with SBP since last 1 year. This new and fastest payment gateway of RAAST was inaugurated by the honorable Prime Minister Imran Khan on Monday, 11th January 2021. Pak Datacom Limited, one of the subsidiaries of the Telecom Foundation is the first company of Pakistan to use RAAST cashless platform.

Managing Director Telecom Foundation, Zomma Mohiuddin, as the Chairman Board of Pak Datacom Limited approved the use of payment platform last month in the Board meeting. CDC has now successfully processed the cash dividend of Pak Datacom Ltd through State Banks RAAST payment gateway last week on the 15th January, 2021.