Pakistan, Aug. 5 -- Pakistan's transition towards a cashless economy has entered a crucial stage, with national goals firmly in place to digitize payments across all sectors. State Bank of Pakistan Deputy Governor Saleemullah said the drive now moves ahead under the guidance of Prime Minister Shehbaz Sharif's leadership.

He highlighted that the digital shift supports the central bank's long-term strategy to build a safe, efficient, and low-cost payment system. The plan includes expanding digital access from large retailers to small businesses, ensuring inclusivity and nationwide adoption.

Saleemullah outlined clear national targets, such as raising the number of digital merchants to two million and increasing mobile and internet banking...