**PayPak System Failure Sparks Outrage: SBP & Banks Under Fire in Senate Committee 🔥⚠️💳**
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PayPak’s major failure triggers strong criticism as SBP and leading banks face tough questions in the Senate Committee. ⚠️💳 Discover what went wrong and why it matters. 🔍🔥 A storm is brewing in Pakistan’s financial sector! ⚠️💳 The **PayPak system failure** has ignited serious backlash as the **Senate Committee grills SBP and major banks** over security, reliability, and public trust. What really happened — and who’s responsible? Tap to uncover the full story! 🔥🔍🇵🇰 In a strongly worded session, the Senate Standing Committee on Finance raised serious concerns over the weak adoption of Pakistan’s local PayPak debit card, accusing banks and the SBP of failing to enforce its promotion despite clear regulatory directives. The Senate Standing Committee on Finance sharply criticized the State Bank of Pakistan (SBP) and commercial banks on Tuesday over the continued failure to promote the local PayPak debit card, despite repeated regulatory directives. During the briefing, ...