Pakistan's Digital Leap: The Unassailable Uptake of Digitalisation
Despite persistent user complaints about poor experience, the adoption of digital financial services in Pakistan is experiencing an unassailable boom. As of FY25, digital platforms have over 123 million registered users. Mobile banking is driving high-value transactions, surging 80% to Rs 83.2 trillion and processing more volume than all other digital channels combined. The biggest breakthrough is in throughput digitization, where the digital share of scheduled bank retail transaction value reached a record 21.7%. The primary challenge now is capitalizing on this momentum to digitize the complex business-to-business (B2B) payment universe.
Read more