Pakistan's payments infrastructure is the next test
Last month, Minister of State for Finance Bilal Azhar Kayani chaired a review of the Cashless Pakistan initiative’s first year. The numbers presented were striking. Annual digital payment transactions have risen from 6.9 billion to 11.3 billion. Active digital payment merchants have quadrupled from 500,000 to more than two million. Registered digital banking users now exceed 137 million. And 92%…
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