Digital Payments Up by 300%

Notably, the Cashless Pakistan Initiative has registered 2.03 million active digital commerce payment points, including 1.73 million merchants actively using Raast QR payments, according to a Finance Ministry document submitted to the National Assembly.

Key points

• While digital transactions rose to 11.9 billion from 6.9 billion, mobile, internet app and digital banking users rose to 137 million from 95 million.
• As well as the governments of Azad Jammu and Kashmir and Gilgit-Baltistan, this represented 76 percent of total disbursements by federal and provincial governments.
• 1.247 trillion, or 75 percent, has been disbursed through digital and Raast-based payments.
• The document states that the administration remains on track to digitize public sector payments fully by December 2026.
• Digital payment adoption throughout state-owned enterprises is additionally progressing, with 34 percent of government-to-person payments and 18.4 percent of person-to-government payments digitized by value.

According to the document, the State Bank of Pakistan (SBP) is monitoring progress against four key performance indicators. By June 2026, active digital commerce payment points had rose to 2.03 million from a baseline of 500, 000, up 306 percent.

Meanwhile, the document states that the administration remains on track to digitize public sector payments fully by December 2026. Tax Officers Reject New Intends for FBR.

While digital transactions rose to 11.9 billion from 6.9 billion, mobile, internet app and digital banking users rose to 137 million from 95 million. The share of remittances credited to accounts and wallets reached 92 percent, up from a baseline of 80 percent.

Government-to-person (G2P) disbursements through Raast and digital banking channels at centralized administration entities climbed from Rs. 472 billion in July 2025 to Rs. 4.402 trillion in June 2026.

As well as the governments of Azad Jammu and Kashmir and Gilgit-Baltistan, this represented 76 percent of total disbursements by federal and provincial governments. More than 84 percent of G2P transaction volumes, comprising 39.5 million transactions, are being processed through Raast.

Raast integration and digital payment processing have additionally been extended to major self-accounting entities, including the Central Directorate of National Savings, Pakistan Post Office Department, Ministry of Foreign Affairs, Geological Survey of Pakistan and provincial forest departments.

Of the Rs. 1.669 trillion allocated to these entities, Rs. 1.247 trillion, or 75 percent, has been disbursed through digital and Raast-based payments. FBR Halted From Accessing Bank Records.

While payments under the Benazir Income Backing Programme were shifted directly to beneficiaries' digital mobile wallets in July 2026, the document additionally states that domestic billers are required to introduce QR codes.

Notably, the Finance Ministry has established a dedicated data collection portal to monitor progress and identified 25 high-impact entities to accelerate implementation. Technical integration with the remaining entities, including Pakistan Railways and Ehsaas Assignment Accounts, is ongoing, with full digitization of administration payments targeted for December 2026. Stay Connected with ProPakistani.

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For now, digital Payments Up by 300% remains the part of the story worth watching, and further updates are likely as more details are confirmed.