Digital payments target merchant growth
Pakistan's digital payment ecosystem is shifting from early adoption to widespread integration, with digital channels now accounting for 92% of retail transactions. The growth is driven by the expansion of the Raast instant payment system and increased mobile banking usage.
Why it matters
The rapid digitization of financial services in Pakistan indicates a significant transformation in consumer behavior and banking infrastructure, potentially boosting financial inclusion.
--> Home Business Digital payments target merchant growth Ecosystem moving beyond adoption to become part of everyday financial behaviour
facebook --> twitter --> whatsup --> linkded --> email MORE (3) Messenger Whatsapp --> KARACHI: Pakistan's digital payments ecosystem is moving beyond the early adoption phase, with instant payment infrastructure increasingly being integrated into everyday financial transactions, according to banking and payment industry officials.
According to the State Bank of Pakistan's Payment Systems Quarterly Review, 3.7 billion retail transactions were recorded during January-March 2026. Digital channels accounted for 3.4 billion transactions, or approximately 92% of the total, with the digital transaction value reaching Rs68.3 trillion.
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