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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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Dawn broke the news in Karachi, Pakistan on Tuesday, July 14, 2026.
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