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.
Pakistan Accelerates Towards a Cashless Future with Rapid Digital Payments Growth
Pakistan’s digital payments ecosystem recorded significant growth in FY 2024-25, with a 38% rise in transactions, widespread adoption of QR payments, and expanded branchless banking services, marking a major step towards a cashless and inclusive economy.