Raast quarterly payments surge to Rs6.4tr

Digital payments are rapidly increasing as Raast transactions surged to Rs6.4 trillion in the second quarter of 2025, said State Bank of Pakistan Deputy Governor Saleem Ullah while launching the “Go Cashless” drive on Saturday. Transactions via Raast have been growing fast in major cities, but a majority in the rural areas did not operate this system. To boost financial inclusion and encourage digital payments, the State Bank has launched Financial Literacy Week. This initiative aims to engage a wider segment of the 250 million people in the banking system. The State Bank has already launched several schemes to enhance banking outreach to the people, including the overseas Pakistanis. The SBP launched the drive in collaboration with 12 leading financial institutions.