Summary
- Federal Finance Minister Senator Muhammad Aurangzeb has announced significant progress in Pakistan’s digital transformation and financial inclusion efforts, revealing that the number of people using digital banking services has reached 133 million across the country.
- Furthermore, Aurangzeb stated that the number of digital banking customers has climbed from 95 million to 133 million, marking a major milestone in Pakistan’s financial inclusion journey.
- With more citizens using digital banking services and a growing number of merchants accepting electronic payments, the country is making steady progress toward building a modern, technology-driven financial ecosystem.
Federal Finance Minister Senator Muhammad Aurangzeb has announced significant progress in Pakistan’s digital transformation and financial inclusion efforts, revealing that the number of people using digital banking services has reached 133 million across the country.
Speaking during his budget speech for the fiscal year 2026-27 at Parliament House, the finance minister highlighted the government’s achievements in advancing the Digital Pakistan agenda. He said the growing adoption of digital financial services reflects increasing public confidence in modern banking solutions and supports the country’s transition toward a more digital economy.
According to Aurangzeb, the expansion of digital banking has led to a substantial increase in banking users nationwide. He noted that this growth has strengthened the foundation for digital transactions and accelerated the shift toward a cashless economy.
The finance minister also shared encouraging figures regarding merchant participation in digital payments. He said that the number of businesses and traders connected to digital payment systems has surged to 1.677 million, compared with only 500,000 during the previous year. This sharp increase demonstrates the growing acceptance of digital payment methods among commercial enterprises.
Furthermore, Aurangzeb stated that the number of digital banking customers has climbed from 95 million to 133 million, marking a major milestone in Pakistan’s financial inclusion journey. He emphasized that millions of citizens now have easier access to banking services through digital platforms, helping bring more people into the formal financial system.
The volume of digital transactions has also recorded remarkable growth. The finance minister reported that annual digital transactions have increased from 6.9 billion to 10.1 billion. He described this rise as evidence of the rapid adoption of digital financial technologies by consumers and businesses alike.
The latest figures indicate that Pakistan’s digital finance sector continues to expand at a strong pace. With more citizens using digital banking services and a growing number of merchants accepting electronic payments, the country is making steady progress toward building a modern, technology-driven financial ecosystem.
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