SBP review shows 9.1b digital transactions mark record year amid trust, connectivity challenges
State Bank of Pakistan. Photo: File
Pakistan's digital payments landscape continues to expand at an impressive pace. Yet the State Bank of Pakistan's (SBP) latest Annual Payment Systems Review (FY2024-25) warns that deep-seated structural, operational and regulatory challenges could slow the country's transition to a fully digital economy.
The report shows retail payment transactions surged to 9.1 billion, valued at Rs612 trillion. This represents a 38% increase in volume and 12% in value compared to last year.
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