The role of biometric mobile banking in improving financial inclusion in Pakistan

Pakistan has experienced an extraordinary shift in its digital payments landscape in recent years, with mobile banking being the major contributor to financial inclusion. The State Bank of Pakistan (SBP) report indicates that biometric mobile banking users in Pakistan reached 16 million by the end of 2023, up more than a million from the previous quarter, and internet banking users reached 11 million. This increase demonstrates a clear inclination toward digital transactions that is reshaping the country’s financial landscape. The …

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