{"id":103083,"date":"2025-08-19T11:43:26","date_gmt":"2025-08-19T06:43:26","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=103083"},"modified":"2025-08-19T11:43:30","modified_gmt":"2025-08-19T06:43:30","slug":"sbp-rolls-out-prism-for-real-time-payments","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/sbp-rolls-out-prism-for-real-time-payments.html","title":{"rendered":"SBP rolls out PRISM+ for real-time payments, securities settlement"},"content":{"rendered":"\n<p>Karachi: The State Bank of Pakistan (SBP) launched its upgraded payment and settlement system, PRISM+, on Tuesday, introducing a faster and more secure mechanism for handling transactions and government securities.<\/p>\n\n\n\n<p>The new system modernises Pakistan\u2019s financial infrastructure by aligning it with global ISO messaging standards used in advanced economies. It comprises two major components: a Real-Time Gross Settlement (RTGS) system for high-value payments and a Central Securities Depository (CSD) to manage Treasury Bills and Pakistan Investment Bonds.<\/p>\n\n\n\n<p>According to the SBP, PRISM+ will enable banks to process real-time transfers, schedule payments, and prioritise transactions more effectively. It also provides live dashboards for account balances, automatic fee calculations, and enhanced security checks to reduce systemic risks.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/sbp-japan-to-test-central-bank-digital-currency.html\" target=\"_blank\" rel=\"noreferrer noopener\">SBP, Japan to test Central Bank Digital Currency<\/a><\/p>\n\n\n\n<p>The CSD feature allows banks to access real-time government bond auction results, settle trades more quickly in the secondary market, and streamline participation in SBP\u2019s open market operations. Officials said the system will improve liquidity management while enhancing transparency across financial markets.<\/p>\n\n\n\n<p>\u201cPRISM+ will make Pakistan\u2019s financial system faster, safer, and more efficient,\u201d the SBP noted, adding that the upgrade will strengthen the handling of payments and securities transactions while reducing operational risks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The State Bank of Pakistan (SBP) launched its upgraded payment and settlement system, PRISM+, on Tuesday, introducing a faster and more secure mechanism for handling transactions and government securities. The new system modernises Pakistan\u2019s financial infrastructure by aligning it with global ISO messaging standards used in advanced economies. It comprises two major components: a Real-Time Gross Settlement (RTGS) system for high-value payments and a Central Securities Depository (CSD) to manage Treasury Bills and Pakistan Investment Bonds. According to the SBP, PRISM+ will enable banks to process real-time transfers, schedule payments, and prioritise transactions more effectively. It also provides live dashboards for account balances, automatic fee calculations, and enhanced security checks to reduce systemic risks. Read: SBP, Japan to test Central Bank Digital Currency The CSD feature allows banks to access real-time government bond auction results, settle trades more quickly in the secondary market, and streamline participation in SBP\u2019s open market operations. Officials said the system will improve liquidity management while enhancing transparency across financial markets. \u201cPRISM+ will make Pakistan\u2019s financial system faster, safer, and more efficient,\u201d the SBP noted, adding that the upgrade will strengthen the handling of payments and securities transactions while reducing operational risks.<\/p>\n","protected":false},"author":18,"featured_media":76277,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016],"tags":[60635,67381,67382,67384,18632,51521,67383,61619,67378,50172,67380,67377,67379,6066,52954],"persona":[],"class_list":{"0":"post-103083","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"tag-banking-sector","9":"tag-central-securities-depository","10":"tag-financial-infrastructure","11":"tag-financial-technology","12":"tag-government-securities","13":"tag-karachi-news","14":"tag-liquidity-management","15":"tag-open-market-operations","16":"tag-pakistan-financial-system","17":"tag-pakistan-investment-bonds","18":"tag-payment-settlement-system","19":"tag-prism","20":"tag-real-time-gross-settlement","21":"tag-sbp","22":"tag-treasury-bills","23":"cat-15016-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SBP rolls out PRISM+ for real-time payments - Zameen News<\/title>\n<meta name=\"description\" content=\"PRISM+ will enable banks to process real-time transfers, schedule payments, and prioritise transactions more effectively....\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/sbp-rolls-out-prism-for-real-time-payments.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SBP rolls out PRISM+ for real-time payments - Zameen News\" \/>\n<meta property=\"og:description\" content=\"PRISM+ will enable banks to process real-time transfers, schedule payments, and prioritise transactions more effectively....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/sbp-rolls-out-prism-for-real-time-payments.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-19T06:43:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-19T06:43:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/SBP.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samra Zulfiqar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samra Zulfiqar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SBP rolls out PRISM+ for real-time payments - Zameen News","description":"PRISM+ will enable banks to process real-time transfers, schedule payments, and prioritise transactions more effectively....","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/sbp-rolls-out-prism-for-real-time-payments.html","og_locale":"en_US","og_type":"article","og_title":"SBP rolls out PRISM+ for real-time payments - Zameen News","og_description":"PRISM+ will enable banks to process real-time transfers, schedule payments, and prioritise transactions more effectively....","og_url":"https:\/\/www.zameen.com\/news\/sbp-rolls-out-prism-for-real-time-payments.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2025-08-19T06:43:26+00:00","article_modified_time":"2025-08-19T06:43:30+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/SBP.jpg","type":"image\/jpeg"}],"author":"Samra Zulfiqar","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Samra Zulfiqar","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/sbp-rolls-out-prism-for-real-time-payments.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/sbp-rolls-out-prism-for-real-time-payments.html"},"author":{"name":"Samra Zulfiqar","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/9810bc80e0f6830dcb87310b88ef6293"},"headline":"SBP rolls out PRISM+ for real-time payments, securities settlement","datePublished":"2025-08-19T06:43:26+00:00","dateModified":"2025-08-19T06:43:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/sbp-rolls-out-prism-for-real-time-payments.html"},"wordCount":209,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/sbp-rolls-out-prism-for-real-time-payments.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/SBP.jpg","keywords":["banking sector","Central Securities Depository","financial infrastructure","financial technology","government securities","Karachi news","liquidity management","Open Market Operations","Pakistan financial system","Pakistan Investment Bonds","payment settlement system","PRISM+","Real-Time Gross Settlement","SBP","Treasury Bills"],"articleSection":["New Developments"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/sbp-rolls-out-prism-for-real-time-payments.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/sbp-rolls-out-prism-for-real-time-payments.html","url":"https:\/\/www.zameen.com\/news\/sbp-rolls-out-prism-for-real-time-payments.html","name":"SBP rolls out PRISM+ for real-time payments - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/sbp-rolls-out-prism-for-real-time-payments.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/sbp-rolls-out-prism-for-real-time-payments.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/SBP.jpg","datePublished":"2025-08-19T06:43:26+00:00","dateModified":"2025-08-19T06:43:30+00:00","description":"PRISM+ will enable banks to process real-time transfers, schedule payments, and prioritise transactions more effectively....","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/sbp-rolls-out-prism-for-real-time-payments.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/sbp-rolls-out-prism-for-real-time-payments.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/sbp-rolls-out-prism-for-real-time-payments.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/SBP.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/SBP.jpg","width":1170,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/sbp-rolls-out-prism-for-real-time-payments.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"SBP rolls out PRISM+ for real-time payments, securities settlement"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/9810bc80e0f6830dcb87310b88ef6293","name":"Samra Zulfiqar","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","caption":"Samra Zulfiqar"},"description":"Samra Zulfiqar, a real estate analyst at Zameen.com, is passionate about finding projects that offer buyers the best returns. Her keen insights spotlight the market\u2019s most promising opportunities.","url":"https:\/\/www.zameen.com\/news\/author\/samra"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/103083","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=103083"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/103083\/revisions"}],"predecessor-version":[{"id":103084,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/103083\/revisions\/103084"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/76277"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=103083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=103083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=103083"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=103083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}