Pakistan Online Payments Hit 92%

While overall digital payments grew by 65 percent year-on-year to 13.2 billion transactions, according to the State Bank of Pakistan's (SBP) latest Annual Payment Systems Review, pakistan conducted 92 percent of its retail payment transactions through digital channels in fiscal year 2025-26.

Key points

• The number of point-of-sale terminals reached 337, 791 throughout 295, 367 merchant locations.
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• Digital channels accounted for 92 percent of total retail payment transactions in FY26, up from 88 percent a year earlier.
• While users of banks' mobile applications rose to 30.4 million, branchless banking mobile app users reached 99.1 million.
• Overall, 14.3 billion retail payment transactions were conducted through formal banking channels during FY26, valued at Rs.

Notably, the data demonstrates a sharp shift toward mobile banking, internet banking, e-money wallets, QR payments, and other digital payment methods nationwide. Rupee Nears 190 Against Canadian Dollar.

Overall, 14.3 billion retail payment transactions were conducted through formal banking channels during FY26, valued at Rs. 673 trillion. While the value of payments rose 10 percent, transaction volume rose 58 percent year-on-year.

Mobile phone-based payment solutions led the expansion, recording more than 11.1 billion transactions during the year. This represented a 79 percent growth from FY25.

Internet banking additionally continued to expand, with online banking portals processing around 0.3 billion transactions, up 15 percent from the previous year.

Meanwhile, the expansion was backed by the expansion of digital payment infrastructure nationwide.

For context, the number of point-of-sale terminals reached 337, 791 throughout 295, 367 merchant locations. These terminals handled almost 1.5 million card payments per day, compared with around 1 million daily payments in FY25.

Pakistan additionally saw continued expansion in smartphone-based banking. While users of banks' mobile applications rose to 30.4 million, branchless banking mobile app users reached 99.1 million.

E-commerce payments additionally remained heavily dependent on digital channels. Account-based online payments created up 96 percent of e-commerce transactions conducted through banking channels.

Meanwhile, the SBP remarked the payments landscape continued to evolve during FY26 as consumers, businesses, and financial institutions increasingly adopted digital payment channels. IMF Costs Pakistan More Than 9/11.

In practice, a major development during the year was the launch of PRISM+ in August 2025. It moved Pakistan's real-time gross settlement system to the ISO 20022 standard.

For context, the upgraded system is aimed at improving the efficiency, transparency, and security of payment processing throughout retail and large-value transactions. Stay Connected with ProPakistani.

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In short, pakistan Online Payments Hit 92% is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.