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.
SBP Q1 FY26 Payment Systems Review Highlights Surge in Digital and Mobile Payments
The State Bank of Pakistan has released its first Quarterly Payment Systems Review for FY26, reporting strong growth in digital, mobile app-based and Raast payments, reflecting Pakistan’s accelerating shift toward a digitally enabled payments ecosystem.
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.
MCB Islamic Bank Unveils SUBUK Mobile App to Accelerate Its Digital Banking Transformation
MCB Islamic Bank has launched its new mobile banking application, SUBUK, as part of a broader digital transformation strategy aimed at delivering secure, customer-centric, and Shari’ah-compliant digital banking services.
Faysal Bank Wins Bronze at Qorus Reinvention Awards MEA 2025 for Digital Innovation
Faysal Bank receives the Bronze Award at the Qorus Reinvention Awards MEA 2025 in Dubai, recognized for its innovative Faysal Digibank app featuring AI enhancements, hyper-personalization, and next-gen digital banking services.
Pakistan’s Digital Payment Surge Faces Cultural and Infrastructure Hurdles Amid Cash Reliance
Pakistan is experiencing rapid growth in digital payments with platforms like Raast, JazzCash, and Easypaisa driving transactions, yet cash remains dominant due to awareness gaps and cultural habits.
HBL Targets Stronger Deposit Growth, Digital Expansion, and Improved Efficiency as Strategic Priorities for 2025
HBL outlines its strategic priorities for deposit growth, digital banking expansion, and operational efficiency as the bank reinforces its position in Pakistan’s evolving financial landscape.
BankIslami Enhances ‘aik’ Digital Platform to Expand Shariah-Compliant Banking and Lifestyle Services
BankIslami has enhanced its digital Islamic banking platform ‘aik’ with Raast QR payments, instant account opening, and Islamic lifestyle features, advancing Shariah-compliant banking and financial inclusion across Pakistan.
Pakistan’s Digital Payment Volumes Hit PKR 612 Trillion as Retail Transactions Climb 38% in FY24–25
Pakistan’s payment ecosystem recorded strong digital adoption in FY24–25, with retail transactions rising 38% to 9.1 billion and digital channels capturing 88% of activity, driven by mobile banking, Raast, and EMI wallets.
Easypaisa Digital Bank Posts Rs 5.65 Billion Profit Before Tax for 9M 2025, Marking 45.6% YoY Surge on Strong Deposit Growth and Digital Services
Easypaisa Digital Bank reports a 45.6% year-on-year rise in profit before tax for the first nine months of 2025, driven by robust deposit growth, expanding digital payments revenue, and disciplined cost management.