Pakistan, April 24 -- Meezan Bank has reported that its monthly card spend has exceeded Rs45 billion, signalling a significant shift in consumer payment behaviour and reinforcing the rapid growth of Pakistan's digital payments ecosystem. The milestone comes amid a broader transition toward cashless transactions, with increasing adoption of cards, mobile applications and QR-based payments across the country.

Banking industry data suggests that consumers are steadily moving away from cash, driven by convenience, security and expanding acceptance of digital payment channels. According to the State Bank of Pakistan, digital retail transactions in the country have reached 3.1 billion in a single quarter, with a cumulative value of Rs64 trilli...