Rising trend of digital payment in Pakistan’s retail landscape (Q1 FY24)
Quarterly Payment Systems Report for the quarter Q1 of FY2023-24 is released by the State Bank of Pakistan (SBP), highlighting key advancements within the country’s payment ecosystem and providing an inclusive overview of digital transactional activities. As of quarter-end, there were 33 Banks, 11 Microfinance Banks (MFBs), 4 Electronic Money Institutions (EMIs) and 5 Payment…