JazzCash has emerged as a prominent leader in Pakistan’s evolving financial landscape, as demonstrated by data from the State Bank of Pakistan (SBP).
According to the latest data from the SBP and JazzCash, the company holds an impressive 50 percent share, or 17 million, of the 35 million RAAST IDs in Pakistan, showcasing its dominance in the market.
The SBP’s Payment Systems Review for Q2 FY2023-24 further highlighted that JazzCash processed 75 million RAAST transactions independently, surpassing the combined 107 million transactions processed by banks and other microfinance banks (MFBs).
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