Pakistan moves toward a cashless economy as JazzCash and Easypaisa lead digital wallets with millions of active users nationwide.Minister for IT and Telecom Shaza Fatima has said Pakistan, with over 143 million broadband users, holds strong potential to move toward a cashless economy. She highlighted that mobile wallets now surpass traditional bank accounts, supported by a solid branchless banking network. The government, she added, is determined to cut reliance on physical money and […]
Minister for IT and Telecom Shaza Fatima has said Pakistan, with over 143 million broadband users, holds strong potential to move toward a cashless economy.
She highlighted that mobile wallets now surpass traditional bank accounts, supported by a solid branchless banking network. The government, she added, is determined to cut reliance on physical money and expand digital payment systems. However, among the four mobile operators, only Jazz and Telenor have successfully developed large-scale wallet platforms.
