Quick Facts
Introduction
Learn how Raast Person-to-Merchant QR payments work in Pakistan, what merchants should verify and how to reduce payment fraud.
A printed QR code can make it easier for a customer to pay a shop, clinic, home business or service provider. However, a QR code alone does not prove that money has arrived. Raast P2M is useful when it is connected to an authorised bank or payment service and when the merchant follows basic reconciliation and security practices.
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What is Raast P2M?
Raast P2M enables digital payment acceptance for merchants and businesses. Depending on the provider, a merchant may receive payments through an IBAN, merchant alias, static QR, dynamic QR or a request-to-pay flow. The exact features, settlement time, limits and charges depend on the participating bank or service provider.
Static QR versus dynamic QR
A static QR can be displayed at the counter and the customer enters the amount. A dynamic QR can be generated for a specific invoice or amount. Static QR is simple for small shops, while dynamic QR can reduce amount-entry mistakes for businesses using billing systems. In both cases, check the beneficiary name before confirming.
How a merchant can get started
- Ask your bank or authorised payment provider whether it offers Raast P2M.
- Complete business and identity verification as requested.
- Confirm the merchant name, linked account, settlement schedule and charges.
- Display the official QR where customers can see it, without changing its payment identity.
- Train staff to verify the incoming transaction in the merchant app or bank account.
How to prevent fake payment screenshots
Never release goods because a customer shows a screenshot. Open the merchant’s own banking or payment application and confirm the amount, reference and status. Keep daily sales records and match them with settlements. If a payment is pending, failed or reversed, contact the provider using the official helpline printed on its website.
Customer privacy and refunds
Collect only the customer information needed for the sale. Do not ask for a PIN or OTP. Publish a clear refund policy and keep the original transaction reference for disputes. Business owners should also ask whether refunds are initiated through the bank, provider dashboard or another authorised process.
The State Bank of Pakistan Raast P2M page lists the supported payment modes and participating providers. For more banking explainers, visit our Banking Info category.
FAQs
Is every QR code a Raast QR?
No. Different banks and payment providers may use different networks. Confirm that the code and merchant service are connected to Raast P2M.
Can a merchant trust a customer’s screenshot?
No. Verify the credit in the merchant’s own account or official provider dashboard.
Are Raast P2M charges always zero?
Charges and terms can depend on the provider, transaction type and applicable policy. Ask for the current schedule before onboarding.
Conclusion
Review the official sources, dates and eligibility conditions mentioned in this article before taking action. For more related updates, explore the category links above.
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