Landscape of
Digital Financial Services
in Pakistan
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Exposure Draft for Public Consultation

Digital Bank Regulatory Framework


State Bank of Pakistan has released the Exposure Draft of Digital Bank Regulatory Framework for public consultation. The proposed Framework is the outcome of an extensive study of international regulatory and industry best practices across several key themes in over 15 countries where digital banks or similar institutions operate in some form...  More


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SBP launches

Raast: Pakistan’s Instant Payment System



Raast enables Pakistanis to transfer funds instantly, reducing reliance on cash. Raast’s mission is to transform the reach, security, speed, quality of, and trust in digital payments available to individuals and institutions any time, any where in Pakistan...  More



Digital Financial Services


Digital Financial Services (DFS) include a broad range of financial services accessed and delivered through digital channels. DFS can be a catalyst in improving living standards, reducing poverty, decreasing fiscal deficit, and providing equal income opportunity to all Pakistanis.


What are we doing?


  1. Enhancing payments systems for digital age.
  2. Championing a platform to boost financing for small businesses.
  3. Developing an all-inclusive non-discriminatory data strategy.
  4. Promoting an enabling regulatory environment for new players.
  5. Facilitating firms’ use of technology for operational resilience.
  6. Forming new contractual relationships between financial institutions and third parties.

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Key Stats



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Payment Cards: 42.8 million
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Mobile Phone Banking Users: 8.9 million
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ATMs: 15,770


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E-Commerce merchants: 2,164
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POS machines: 52,924
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PRISM Participants: 50