Digital transactions surge to 80%
Value of online transactions, however, remains low averaging Rs80,000 each
Source: tribune.com.pk
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SBP offers P2M under RAAST
Transforms transaction mechanism reducing reliance on cash, encourages financial inclusion
Source: tribune.com.pk
P2M option deployed on Raast
Person-to-merchant payments will reduce use of cash, document economy
Source: tribune.com.pk
Cashless banking surges
Number of transactions via e-banking increased 4.3%, reaching 535 million
Source: tribune.com.pk
Almost 30 Million Users Now Registered with RAAST
The number of users registered with the RAAST Payment system surged to almost 30 million by the end of March 2023. According to the State Bank of Pakistan
Source: propakistani.pk