Pakistan is making fast progress toward a cashless economy. The government has set ambitious goals to increase digital financial services. By the end of fiscal year 2025–26, the aim is to reach two million active digital merchants. The number of mobile and internet banking users is expected to grow from 95 million to 120 million. […]
digital financial services
Shocking gap: Just 14% of Pakistani women use financial services
Despite progress in digital financial services across Pakistan, a new survey has revealed a major gender gap in financial inclusion. According to the Karandaaz Financial Inclusion Survey, only 14% of women have access to financial services, compared to 56% of men. The report showed that 35% of Pakistanis now use banks, mobile wallets, or non-bank […]