Karachi: The Central Depository Company of Pakistan Limited (CDC) has signed an agreement with Finnect (Private) Limited to facilitate Raast-based QR payments for Investor Account Services (IAS) Account Holders. This partnership introduces a new device-based QR payment system, aimed at improving the payment process for IAS Account Holders.

According to Central Depository Company of Pakistan Limited, the agreement was formalized with the signatures of Mr. Badiuddin Akber, CEO of CDC Pakistan, and Mr. Shahnawaz Mahmood, CEO of Finnect (Private) Limited. This collaboration underscores CDC's strategic initiative to integrate technology in enhancing investor services.