JazzCash Dominates RAAST IDs in Pakistan, Holding Half of All Accounts

JazzCash solidifies its position as a leader in Pakistan’s digital financial ecosystem. According to the central bank’s Payment Systems Review, a staggering 50% of the 35 million RAAST IDs in Pakistan belong to JazzCash account holders. This translates to JazzCash processing a significantly higher volume of transactions compared to other banks and microfinance institutions.

JazzCash’s dominance extends beyond RAAST. With a robust user base of 44 million and a digital footprint encompassing 34% of all branchless banking app users in Pakistan, the company continues to be a major player in the country’s financial landscape.

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