Digital Dividends or Digital Drains? Pakistan’s Uneven E-Banking Journey
Pakistan’s banks have invested heavily in digital channels over the past two decades, but profitability remains uneven. ATMs continue to deliver value, while mobile and e-commerce platforms drag on returns. A deeper focus on trust, design, and sequencing may determine whether digital finance becomes a dividend or a drain.
Digital Payments Dominate Retail Transactions in Pakistan, Hitting 89% Share in Q3 FY25
In Q3 FY25, digital payments accounted for 89% of Pakistan’s retail transactions by volume, with mobile banking, e-wallets, and Raast leading the shift toward a cashless economy, according to SBP’s latest report.