HOW PAKISTAN PAYS: MEASURING THE GROWTH OF RAAST, QR CODES, AND FINTECH

Pakistan's revolution isn't taking place on the streets. It's happening at cash counters.

In the third quarter of FY26, 92% of banking retail payments were digital, valued at over PKR 68.3 trillion.

Nobody marched for this. It happened one tap and scan at a time.

This industry report by Pakistan & Counting in partnership with Visa explores how Raast, QR codes, and fintech are transforming day-to-day purchases into powerful economic engines.

Beyond just settling a bill, digital payments are building Pakistan's financial infrastructure. Every scan at a storefront creates a verified transaction history that turns into merchant loans, inventory financing, and BNPL (Buy Now Pay Later) for unbanked shopkeepers and citizens.