Raast Merchant QR

Akhtar Fuiou Technologies

Raast Merchant QR Registration

 

Raast is Pakistan's instant payment system developed under the guidelines of the State Bank of Pakistan (SBP). To enable payments through your Digitt+ Merchant QR, a Raast Merchant ID (alias) will be registered and linked to your Digitt+ Merchant account. This Raast ID allows customers to make instant payments to your Merchant QR.

By registering for a Digitt+ Raast Merchant QR, you acknowledge and agree to the following:

• I confirm that the information provided for Raast Merchant QR registration is accurate and belongs to me and my business.

• I authorize Digitt+ to register a Raast Merchant QR and create/link a Raast Merchant ID against my Digitt+ Merchant account in accordance with the applicable Raast, 1LINK, and State Bank of Pakistan (SBP) guidelines.

• I understand that only one active Raast ID may be associated with my registered mobile number (or other applicable alias type). If my mobile number or Raast ID is already registered with another bank, wallet, or financial institution, I authorize Digitt+ to initiate the deregistration/deletion request of the existing Raast ID (where permitted under the Raast/1LINK framework) to facilitate the registration of my Digitt+ Merchant QR. I understand that this process will only remove the existing Raast ID mapping and will not affect my underlying bank account or merchant wallet.

• I understand that the registration of my Digitt+ Merchant QR is subject to successful verification and compliance with the applicable Raast, 1LINK, and SBP rules and regulations.

• I acknowledge that my Merchant QR and Raast Merchant ID will be used to receive payments from customers through participating Raast-enabled financial institutions.

• I agree to use the Merchant QR solely for lawful business transactions and in accordance with the applicable Raast, 1LINK, SBP, and Digitt+ policies.

• I acknowledge that any future changes, deregistration, deletion, suspension, or transfer of my Raast Merchant ID will be governed by the applicable Raast, 1LINK, and SBP policies in effect at the time of such request.