The State Bank of Pakistan has released its Quarterly Report on Payment Systems for October to December 2025, summarising activity across low-value retail payments and high-value real-time gross settlement transactions conducted through formal banking and payment channels. The review reports 3.4 billion retail transactions in the quarter, with 92% executed via digital channels, and total retail value rising to PKR 167 trillion. Digital payments reached 3.1 billion transactions worth PKR 64 trillion, with mobile app-based payments accounting for 2.6 billion transactions, or 83% of all digital payments, totalling PKR 40 trillion. Internet banking volumes and values increased by 11% and 22%, respectively. The Raast Instant Payment System processed 645.7 million transactions valued at PKR 18.5 trillion, including 603 million person-to-person transactions worth PKR 15.7 trillion and 33.6 million person-to-merchant transactions worth PKR 167.6 billion, while Raast Bulk Service processed over 9 million transactions worth PKR 2.6 trillion. The report also notes 66.7 million payment cards in circulation, around 1.7 million card-based transactions per day across point-of-sale and e-commerce, 277 million ATM transactions worth PKR 4.9 trillion through 20,976 ATMs, and continued over-the-counter usage via 20,143 branches and 763,262 banking agents.
State Bank of Pakistan 2026-03-19
State Bank of Pakistan publishes Q2 FY26 payment systems review showing digital channels at 92% of retail transactions and continued Raast growth
The State Bank of Pakistan's Quarterly Report on Payment Systems for Q4 2025 highlights 3.4 billion retail transactions, with 92% via digital channels, totaling PKR 167 trillion. Mobile app payments dominated, accounting for 2.6 billion transactions worth PKR 40 trillion. The Raast Instant Payment System processed 645.7 million transactions valued at PKR 18.5 trillion, with significant person-to-person and person-to-merchant activity.