Payment Systems Annual Review for FY24 highlights substantial growth in digital payments across Pakistan, marking a significant shift toward digital channels. The report, published by the State Bank of Pakistan (SBP), emphasizes the increasing availability and adoption of digital payment systems, showcasing the growing reliance of consumers and businesses on these platforms nationwide.
The review details how advancements in financial technology and expanding infrastructure have fueled this upward trend, with more users transitioning from traditional banking methods to digital solutions. The surge in digital payments reflects the country’s broader move toward financial inclusion and modernization of its payment ecosystem.
For more details, the full report can be accessed on the SBP’s website
