It is estimated that the market potential of Digital Finance Services in Pakistan will cross US$ 36 Billion by 2025, providing a 7% boost to the GDP, creating 4 million new jobs and resulting in US$ 263 Billion new deposits.4 This potential can only be achieved through a robust and efficient DFS ecosystem. Though Pakistan possesses a nascent DFS ecosystem, in order to tap in to its potential, innovative solutions by Fin Techs hold the opportunity to leverage the existing enabling regulations and market developments and help Pakistan leapfrog in to the next generation of digital financial services. It is clear that a vision of a technologically advanced, financially inclusive ecosystem cannot be achieved without the use of technologically innovative financial systems and solutions that give access of financial services to each and every citizen in the country without any limitations. The end goal is to use Digital Payments to make markets so inclusive, that even small entrepreneursin Pakistan.
The Pakistani economy is witnessing a signiﬁcant development in all sectors spearheaded by diversiﬁcation programs, low interest and modest inﬂation rates. The spurt in international oil prices, increased exports, major thrust on tourism and real estate and increased focus towards the private sector have contributed enormously towards Pakistan becoming a favored and favorable investors’ destination.
E-commerce globally is the way forward and is growing at a very fast rate involving people day to day corporate and personal transactions. It has evolved as a necessity rather than a lifestyle. This section of the exhibition will display services and solutions to enable a safe and secure future.