State Bank of Pakistan 'Go Cashless' Campaign
Analysis based on 6 articles · First reported May 15, 2026 · Last updated May 16, 2026
The 'Go Cashless' campaign by Pakistan — State Bank of Pakistan is expected to positively impact the financial services sector in Pakistan by accelerating digitization and increasing the adoption of digital payment channels. This initiative aims to reduce the risks associated with cash transactions and foster a more transparent financial ecosystem.
The Pakistan — State Bank of Pakistan has launched a nationwide 'Go Cashless' campaign for Eid-ul-Azha 2026, expanding its coverage from 54 cattle markets in 2025 to 96 markets this year. This initiative is part of Pakistan — State Bank of Pakistan's broader strategy to reduce reliance on cash and accelerate the digitization of Pakistan's payment ecosystem. Twenty-two participating banks will establish camps in cattle markets to facilitate digital payments, onboarding sellers and service providers onto digital channels using QR codes and other services like Raast. Temporary relaxations on transaction and account balance limits have been introduced, and mobile banking vans, ATMs, and Cash Deposit Machines will be deployed to improve access to financial services.
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