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RAASTRAAST

RAAST

Pakistan’s First Instant Payment System

Raast is Pakistan’s first Instant Payment System which allows you to transfer funds quickly, securely and easily by registering your mobile number as your Raast ID, or by using IBAN.

Developed by State Bank of Pakistan, this payment gateway allows real-time transfer of money without any charges.

Features:

  • Convenient: No need to remember your account number anymore, simply send and receive funds through your mobile number.
  • Quick Registration: Link your Bank Alfalah account with your mobile number to receive funds.
  • Free of Cost: Customers can send payments to any mobile number or IBAN without any charges
  • Safe and Secure: Raast uses secure payment types, ensures each transaction is authorized by the payer and offers enhanced data protection and fraud detection services.

How do I register on Raast?

  1. Login to Alfa or Internet Banking
  2. Select Raast ID Management from the sidebar menu
  3. Choose a Bank Alfalah account to link to your mobile number

or

  • Type “Raast” and send it to 8287. Your mobile number will be linked to your account
  • To manage linked account, login to Alfa/IB > Select Raast ID Management

All done. You can now start receiving funds through your mobile number!

How do I send money with Raast?

  1. Login to Alfa or Internet Banking
  2. Select Send Money > Raast Payment
  3. Choose any account to send funds from
  4. Send money to any registered mobile number or IBAN

How do I receive money with Raast?

To receive funds through your mobile number, register your Raast ID using ‘Raast ID Management’

or

You can also receive funds using IBAN

Enjoy free fund transfer up to PKR 1,000,000. *Your Raast transaction limits are as per your Alfa/IB package selected.

User Guide

Alfa Internet Banking
Registration
  • Select Sidebar menu > Raast ID Management
  • In Register/Re-link tab, select an account to link with your Raast ID

Once, registration/re-linking is completed, you can start receiving funds via your mobile number.
  • Select Overview from the side menu and then select Raast ID Management.
  • Select ‘Set Default Account’ from ‘Manage Raast ID’ drop down
  • Select account to be linked from ‘Link Account’ dropdown

Once, registration/re-linking is completed, you can start receiving funds via your mobile number.
Re-linking
  • Select Sidebar menu > Raast ID Management
  • In Register/Re-link tab, simply select any of your listed account to re-link
  • Re-link your Raast ID by clicking on Overview > Raast ID Management
  • Select ‘Set Default Account’
  • Select any of your listed account to re-link
De-linking To temporarily stop receiving funds on Raast ID, de-link your Raast ID by selecting:

  • Side menu > Raast ID Management
  • In De-link tab, simply switch toggle off to de-link the linked account
 To temporarily stop receiving funds on Raast ID, de-link your Raast ID by selecting:

  • Overview > Raast ID Management
  • Manage Raast ID Dropdown > Delink Account > Delink Account

Frequently Asked Questions:

For more information about Raast Payments, please explore FAQs:

Frequently Asked Questions Read Questions & Answers related to this page.
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