Karachi: Pakistan’s digital payments ecosystem recorded significant growth in 2025, with transactions through the State Bank of Pakistan’s instant payment system Raast nearing Rs50 trillion, according to the central bank’s Financial Stability Review.
Rapid adoption of instant payments
The State Bank reported that Raast’s user base expanded to 48 million individuals, reflecting widespread adoption of digital payment solutions across the country. Moreover, the platform processed nearly two billion transactions during the year as both consumers and businesses increasingly relied on fast and secure financial services.
Consequently, analysts view this surge as a clear indicator of shifting consumer behavior toward cashless transactions. In addition, the central bank emphasized that the continued expansion of digital infrastructure has supported financial inclusion and improved accessibility to formal banking systems.
Overseas inflows and financial inclusion
Meanwhile, the report highlighted growing engagement from overseas Pakistanis through Roshan Digital Accounts. Total inflows under the initiative surpassed $11 billion, while the number of active accounts exceeded 890,000.
Furthermore, officials noted that digital platforms have simplified cross-border transactions, encouraging expatriates to participate more actively in the country’s financial system. As a result, remittance channels have become more efficient and transparent.
The State Bank maintained that digitalisation remains a key driver reshaping Pakistan’s financial landscape. Therefore, authorities plan to further strengthen digital payment frameworks and promote innovation in financial technology.
Overall, the sharp rise in Raast transactions and overseas inflows underscores a broader transition toward a more inclusive and digitally connected economy, positioning Pakistan for sustained financial sector growth in the coming years.
