Financial Inclusion in Pakistan Reaches 67% as SBP Targets 75% by 2028
Pakistan’s financial inclusion has climbed to 67%, with the State Bank of Pakistan aiming to push it to 75% by 2028. Governor Jameel Ahmad credits this progress to digital initiatives and inclusive policy measures.
Quwat Goes Live on PayFast, Strengthening Digital and Retail Financial Connectivity Across Pakistan
Quwat officially launches on PayFast, integrating major payment platforms like Raast, Easypaisa, and JazzCash to expand secure, affordable, and inclusive digital financial services nationwide through its FLYP and CASHYN networks.
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.
PM Initiates Major Push Towards Cashless Economy with Three High-Level Committees
Prime Minister Shehbaz Sharif launches three expert committees to fast-track Pakistan’s cashless economy, expanding RAAST and forming a national digital master plan for seamless digital transactions.