Pakistan Q1 FY26 Digital Payments Reach 2.8 Billion Transactions, Mobile Banking Dominates
Digital payments in Pakistan reached 2.8 billion transactions in Q1 FY26, with mobile app-based banking accounting for 81% of digital activity, highlighting rapid adoption of digital financial services.
Pakistan’s EMIs and the Arithmetic of Payments
Pakistan’s electronic money institutions face structural challenges in a rapidly digitising retail payments ecosystem. High transaction volumes, low wallet retention, and competition from branchless banking and Raast’s instant rails are shaping the survival and consolidation of EMIs, highlighting the intersection of technology, regulation, and financial incentives.
Mashreq Pakistan Introduces Digital Islamic Banking to Transform Pakistan’s Financial Landscape
With Pakistan’s financial inclusion reaching 67%, Mashreq Pakistan leverages digital innovation and Shariah-compliant finance to offer transparent, accessible, and tech-enabled banking solutions for all segments of society.
The Bank of Punjab Honored as Top Bank for Financial Inclusion at 9th Annual Microfinance Conference
The Bank of Punjab has been recognized as the Top Bank for Financial Inclusion at the 9th Annual Microfinance Conference. The award celebrates the bank’s initiatives to expand access to finance, promote inclusion, and empower underserved communities through digital solutions and innovative banking strategies.
SBP Launches Unified Digital Framework to Simplify Bank Account Opening for Individuals and Businesses
The State Bank of Pakistan has introduced a streamlined digital framework for customer onboarding, reducing paperwork and improving turnaround times for individuals and businesses opening accounts, while also pushing digital payment acceptance across merchants nationwide.
State Bank Launches Revised Framework to Digitize BISP Sahulat Account Onboarding Across Pilot Cities
The State Bank of Pakistan rolls out a revised framework for BISP Sahulat Accounts, introducing biometric verification and secure digital processes for onboarding beneficiaries in pilot cities.
Pakistan’s Digital Payments Soar in Q3 FY25 with Over 2 Billion Transactions: SBP Report
The State Bank of Pakistan reports over 2 billion digital transactions in Q3 FY25, reflecting strong growth in mobile, wallet, and e-commerce payments as part of the country’s digital financial transformation.
SBP’s Q3 FY25 Report Highlights Major Growth in Digital Payments and E-Commerce Transactions
The State Bank of Pakistan’s third quarterly review for FY25 highlights a robust increase in digital payment adoption, driven by mobile banking, e-commerce, and QR transactions, with digital platforms handling 89% of all retail payments.
Digital Payments Hit Record High in Q3 FY25 as SBP Reports Surge in Mobile and E-Commerce Transactions
SBP’s Q3 FY25 report highlights robust growth in Pakistan’s digital payments sector, with mobile banking, wallets, and e-commerce transactions rising significantly and digital platforms covering 89% of all retail payments.