Digital Payments have now processed 92 percent of all retail transactions by volume in Pakistan, showing rapid adoption across the country.
According to the State Bank of Pakistan (SBP)’s Quarterly Payment Systems Review for Q2-FY26 (October–December 2025), retail payments continued to grow significantly in both volume and value.
During this period, retail transactions increased by 8 percent, reaching 3.4 billion transactions worth Rs. 167 trillion. The share of digital payments rose to 92 percent, compared to 88 percent in the same quarter last year. By value, digital payments now account for about 38 percent of total retail payment value.
Transaction Breakdown
Retail transactions by volume were primarily driven by:
- 1,584.9 million fund transfers
- 500.9 million merchant payments
- 359.1 million bill payments and mobile top-ups
- 319.5 million cash withdrawals via ATMs, branches, and agents
- 71.8 million cash deposits
In terms of value, fund transfers dominated with Rs. 121 trillion, while cash withdrawals and deposits together accounted for roughly Rs. 30 trillion.
Importance of Digital Payments
The data highlights the growing importance of digital payments in Pakistan’s financial system. Widespread use of these channels improves efficiency, reduces reliance on cash, and enhances transparency in retail transactions.
The SBP encourages more consumers and businesses to adopt secure and technology-driven payment channels. Improved digital infrastructure and awareness campaigns are expected to further increase the share of digital payments in the coming years.
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With the continued growth of digital transactions, Pakistan is moving closer to a more modern and inclusive financial system, providing easier access and safer payment options for its citizens.
