Pakistan’s digital payment ecosystem recorded strong expansion in 2025, with transactions routed through the State Bank of Pakistan’s instant payment system RAAST reaching nearly Rs. 50 trillion, according to the central bank’s Financial Stability Review 2025.

The SBP reported that RAAST’s user base climbed to 48 million individuals, reflecting rapid nationwide adoption of instant digital transfers among consumers and businesses. During the year, the system processed close to two billion transactions, underscoring the growing shift toward cashless financial activity.

The report also highlighted rising engagement from overseas Pakistanis through Roshan Digital Accounts (RDA), with total inflows surpassing $11 billion. Active RDA accounts have now exceeded 890,000, showing sustained diaspora participation in Pakistan’s formal banking system.

The central bank said digitalization continues to reshape the financial sector, improving access, efficiency, and the overall reach of formal banking services across the country.