Pakistan Retail Payments Hit 166 Trillion

Pakistan is witnessing a remarkable digital transformation in its financial landscape as the latest data from the State Bank of Pakistan reveals a massive surge in payment activity. During the first quarter of the fiscal year 2026 the volume of retail transactions soared to 2.8 billion showing a significant ten percent increase from the previous quarter. The total value of these transactions also witnessed a robust growth reaching an impressive 166 trillion rupees which highlights the expanding economic activity across the country. This growth is primarily driven by the rapid adoption of digital channels which now account for ninety percent of all retail payments demonstrating a clear shift away from traditional cash reliance among the public.

Mobile app based banking has emerged as the dominant force in this digital revolution recording 2.0 billion transactions worth over 33 trillion rupees. This surge covers everything from person to person transfers to utility bill payments across both online platforms and physical outlets. The Raast Instant Payment System also maintained strong momentum with transactions rising by thirty one percent showing increased trust in instant digital transfers. While digital platforms are booming physical channels like bank branches and ATMs continue to play a supportive role processing trillions in value. To understand more about global financial trends you can read the latest reports from the https://profit.pakistantoday.com.pk/2025/12/30/retail-payments-hit-2-8-billion-transactions-worth-rs166-trillion-in-q1-fy26-sbp/. This data clearly points towards a more efficient and digitally enabled payments ecosystem in Pakistan. For more updates on the national economy visit our https://weeklypakistan.com.pk/ section to stay informed about the latest financial developments.