Raast payment system drives 306% digital points rise

A Finance Ministry document told the National Assembly that the Raast payment system and Cashless Pakistan push lifted active digital commerce points to 2.03 million by June 2026.

Active digital commerce payment points rose to 2.03 million by June 2026 from a 500,000 baseline, a 306% increase.

Some 1.73 million merchants are actively using Raast QR payments under the Cashless Pakistan initiative.

Government-to-person disbursements via Raast and digital banking at centralised entities rose from Rs472 billion in July 2025 to Rs4.402 trillion in June 2026.

Over 84% of G2P transaction volumes—39.5 million transactions—were processed through Raast.

Full digitisation of public-sector and government payments is targeted for December 2026.

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Zaviya