Cashless Economy to Drive Sustainable Growth, Transparency, Says PM
Officials said 92% of overseas remittances were already digital as Shehbaz Sharif ordered faster adoption of cashless payments and QR code use.
- Prime Minister Shehbaz Sharif directed that 100% of overseas remittances to Pakistan be digitised or processed through digital channels to promote a cashless economy and increase transparency.
- The number of merchants accepting QR-code digital payments increased by 300% to about two million, while mobile banking users rose from 95 million to 137 million in the past year.
- Between July 2025 and June 2026, Pakistan recorded 11.9 billion digital transactions, with almost all payments to the National Database and Registration Authority becoming digital.
- Payments to 10 million Benazir Income Support Programme beneficiaries are now made via digital wallets, improving convenience and transparency.
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9 Articles
'Cashless economy': PM orders all overseas remittances to be processed digitally
Mobile banking users increase from 95 million to 137 million.Govt directs all overseas remittances through digital channels.All BISP payments now reach beneficiaries via digital wallets.Prime Minister Shehbaz Sharif on Tuesday directed that all...
PM commends economic team for major progress in advancing digital payment system
Prime Minister Muhammad Shehbaz Sharif on Tuesday lauded his economic team for achieving significant progress in promoting digital payments and advancing Pakistan’s transition towards a cashless economy over the past year, saying the shift would enhance transparency, improve financial inclusion, and support sustainable economic.
Cashless economy to drive sustainable growth, transparency, says PM
Prime Minister Shehbaz Sharif said on Tuesday that transitioning the national economy to a cashless system will lead to sustainable economic growth and promote transparency. Chairing a meeting in Islamabad today, the PM commended the economic team’s performance regarding the progress made over the past year in transforming Pakistan’s economy into a cashless one based on digital payments. He directed authorities to further strengthen awareness ca…
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