Digital Payments Make up 88% of Retail Deals
The State Bank of Pakistan reported that digital payments made up 88 percent of all retail transactions in FY25, showing strong growth from previous years. Mobile and internet banking led the surge, with e-money wallets growing the fastest. The Raast payment system more than doubled its transactions and became a key part of the digital ecosystem. Despite rising cybercrime and online fraud, the SBP said digital finance is expanding rapidly and helping improve financial inclusion and innovation.
