The Gallup Pakistan Digital Analytics team has recently undertaken a groundbreaking project to digitize the State Bank of Pakistan’s – SBP data on payment infrastructures. This initiative provides a comprehensive view of the FY23-24 data, delivering invaluable insights into Pakistan’s evolving financial landscape. The latest FY24-Q2 data reveals that there are 18.4k ATMs and 18.2k commercial bank branches nationwide, underscoring a robust physical banking infrastructure. Meanwhile, the digital banking sphere is expanding rapidly, with 10.8 million internet banking users and 16.3 million mobile banking users. These figures reflect the SBP ‘s success in promoting digital financial solutions and enhancing the accessibility of banking services.

The analysis also highlights a thriving digital economy, with 2.7 million e-wallet users and 74.3k registered freelancers, showcasing the growing role of digital work and commerce in Pakistan. The widespread adoption of telephonic banking services is evident, with 39.2 million IVR banking users, indicating a strong preference for convenient banking options. Furthermore, the number of registered merchants has increased to 4.9k, pointing to a strengthening digital payment ecosystem that supports both businesses and consumers.

These advancements illustrate the SBP ‘s commitment to fostering a dynamic and inclusive financial environment. The digitization efforts by the Gallup Pakistan Digital Analytics team have made it easier for stakeholders to access and analyze this critical data. For those interested in delving deeper into these insights and exploring further details on Pakistan’s payment infrastructure advancements, the Gallup Pakistan Digital Analytics dashboard offers an interactive and comprehensive platform. By visiting the dashboard, users can stay updated and engage with the trends that are shaping the future of financial services in Pakistan. This initiative not only highlights the current state of financial infrastructures but also sets the stage for future growth and innovation in the sector.