Digital payment in Pakistan has seen noteworthy development in FY24, with transactions volumes expanding from 4.7 billion to 6.4 billion and transaction amount ascending from PKR 403 trillion to PKR 547 trillion — this growth is of around 35% in the two measurements.
The volume percentage of digital payments increased from 76% to 84%. This is mostly because of the increase of mobile banking applications (increase 16%), internet banking (increase 25%), and a stunning 85% growth in e-wallet use.
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