ISLAMABAD: The Jazz spokesman has said that charges on banking transactions via JazzCash are regulated by the State Bank of Pakistan. Clarifying a news report published in The News and the Daily Jang, claiming JazzCash has imposed a new fee of Rs 5 on all transactions, the spokesman said that in a May 12 circular, the central bank provisioned a charge of 0.5% of the transaction amount (up to a maximum of PKR 100) on cash deposit transactions into mobile wallets for all branchless banking operators, including JazzCash.
JazzCash implemented the change on June 1, ensuring proper communication through its website and informed retailers via SMS prior to the implementation of this charge, the spokesman explained, adding it is important to note that no new fees were imposed on any other transactions as stated in the .—
IHC registrar declined to comment on confidential matters
Asad Qaiser said that Prime Minister Shehbaz Sharif’s government had formed the caretaker government
Russia’s defence ministry said it would hold military drills including practice for the preparation and deployment...
Justice Mansoor Ali Shah remarked that there was no issue bigger issue of human rights in the country than the impact...
A ‘significant number of students’ from the IIOJ&K have been coming to Pakistan annually for medical education for...
The police conducted a special operation and traced the accused with the help of IT and other modern technologies