#DigitalPakistan

Pakistan’s IT Exports Soar to Record $342 Million in March 2025

Pakistan’s IT Export Boom Record $342 Million Achieved in 2025

Pakistan’s IT Export Boom Record $342 Million Achieved in 2025 800 480 D. I. Khan New City

Pakistan’s IT exports boomed to $342 million, setting a new record. In March 2025, the country’s information technology (IT) exports surged to an all-time high of $342 million, marking a 12% increase both year-on-year and month-on-month. This remarkable milestone highlights the sustained momentum driving the industry forward for the 18th consecutive month since October 2023.

According to Topline Securities, this performance not only exceeds expectations but also surpasses the 12-month average of $311 million. Clearly, the sector is showing robust and consistent growth.

What’s Fueling the Surge?

Several key factors are contributing to this exceptional rise in IT exports:

  • Expanded Global Client Base: Pakistani tech firms are rapidly gaining traction in the Gulf Cooperation Council (GCC) region, as well as North America and Europe, allowing them to tap into high-value markets.

  • Favorable SBP Policies: The State Bank of Pakistan (SBP) increased the permissible retention limit in Exporters’ Specialized Foreign Currency Accounts from 35% to 50%, enabling firms to reinvest more efficiently.

  • Equity Investment Abroad (EIA): The introduction of the EIA category empowers IT companies to acquire stakes in foreign ventures using up to 50% of their foreign currency proceeds—boosting both confidence and international presence.

  • Stable Rupee Performance: The relatively stable exchange rate has further encouraged exporters to repatriate a larger share of their profits, strengthening Pakistan’s financial outlook.

  • Global Presence: Moreover, participation in international tech events like LEAP 2025 in Saudi Arabia and Web Summit Qatar 2025 has amplified Pakistani innovation on a global platform.

Key Stats to Note:

  • March 2025 IT export earnings: $342 million

  • Total IT exports for 9MFY25: $2.8 billion (24% YoY increase)

  • Net IT exports (exports minus imports): $311 million

  • Daily export proceeds in March: $18.0 million (up from $16.1M in February)

  • Specialized FCY accounts: 62% of IT firms maintain one

What’s Next for Pakistan’s Tech Industry?

Looking ahead, industry analysts remain optimistic. They project a continued growth trajectory of 10–15% for FY25, with total IT exports potentially reaching between $3.5 to $3.7 billion by year-end.

Additionally, under the government’s ambitious ‘Uraan Pakistan’ strategy, the long-term objective is to achieve $10 billion in IT exports by FY29. This target, though challenging, is within reach if the current compound annual growth rate (CAGR) of 28% is sustained.

Conclusion:

Ultimately, the record-breaking performance in March 2025 demonstrates that Pakistan’s digital economy is rapidly evolving. Backed by forward-looking policies, a skilled workforce, and an expanding global footprint, the country is on a clear path to becoming a top-tier global IT exporter. As the world watches, Pakistan’s tech industry is proving it’s ready for the spotlight.

Starlink Set to Launch in Pakistan by End of 2025

Starlink Set to Launch in Pakistan by End of 2025

Starlink Set to Launch in Pakistan by End of 2025 680 480 D. I. Khan New City

In a major step toward digital transformation, Federal Minister for Information Technology and Telecommunication, Shaza Fatima Khawaja, announced that Starlink’s satellite internet services are expected to be operational in Pakistan by November or December 2025. This marks a turning point for broadband access in remote and underserved regions of the country.

The announcement came during a briefing at the National Assembly Standing Committee on IT. It was revealed that Starlink — a subsidiary of SpaceX, owned by tech visionary Elon Musk — has already been issued a temporary No Objection Certificate (NOC) by the Pakistan Space Activities Regulatory Board. Consequently, this permits the company to begin groundwork for launching operations in the region.

What is Starlink and Why is it a Game-Changer for Pakistan?

Starlink provides high-speed, low-latency internet through a network of Low Earth Orbit (LEO) satellites. As a result, it’s particularly beneficial for countries like Pakistan, where rugged terrain and isolated communities often limit traditional broadband infrastructure.

With this development, even remote mountainous villages or desert communities could soon enjoy seamless internet access, thereby bridging Pakistan’s persistent digital divide.

Regulatory Progress and Next Steps

Although Starlink has not yet received a full operating license, officials confirmed that licensing arrangements are nearing completion. In fact, according to Pakistan Telecommunication Authority (PTA) Chairman Major General (retired) Hafeezur Rehman, a consultant has already been hired to assist in finalizing the regulatory framework for satellite-based internet services.

Once this framework is in place, Starlink will reapply for full operational clearance, ultimately paving the way for its commercial launch in Pakistan.

Competition on the Horizon: More Satellite ISPs Eye Pakistan

Interestingly, Starlink isn’t the only player with plans for Pakistan’s growing tech market. Minister Shaza Fatima Khawaja also disclosed that a Chinese satellite internet company has submitted an application to operate in the country. However, the name of the firm remains undisclosed.

This growing international interest further highlights Pakistan’s potential as a regional hub for space-based connectivity services, especially as demand for reliable, high-speed internet continues to rise.

What Starlink Means for Pakistan’s Future

The arrival of Starlink could significantly:

  • Improve internet connectivity in rural and underserved areas

  • Boost digital education, e-healthcare, and e-commerce in remote regions

  • Support the government’s Digital Pakistan vision

  • Open opportunities for telecom sector innovation and healthy competition

Conclusion

With Starlink’s commercial launch now on the horizon, Pakistan is gearing up for a digital revolution powered by next-generation satellite internet. As regulatory processes near completion and infrastructure installation begins, Pakistanis can look forward to faster, more reliable, and universally accessible internet — from bustling cities to the most isolated corners of the nation.

Stay tuned as Pakistan prepares to join the global Starlink network and reshape its digital destiny.

Google Wallet Launches in Pakistan A Step Forward for Digital Payments

Google Wallet Launches in Pakistan A Step Forward for Digital Payments

Google Wallet Launches in Pakistan A Step Forward for Digital Payments 1280 720 D. I. Khan New City

In a game-changing move for Pakistan’s digital economy, Google Wallet has officially launched in the country, signaling a major leap forward in mobile payments. The news sparked buzz across the fintech community, especially on LinkedIn, with experts and tech enthusiasts hailing the development as a turning point for digital financial services in Pakistan.

But what does this actually mean for users, merchants, and the broader payments ecosystem?

What is Google Wallet?

Google Wallet is a digital payment solution that allows users to securely store debit and credit cards on their Android phones. Once linked, users can make tap-to-pay transactions at NFC-enabled point-of-sale (POS) terminals. The app eliminates the need to carry physical wallets, offering a seamless and convenient checkout experience.

However, as of now, the service is limited to Android users and only supports payment cards—no bank transfers or mobile wallet top-ups yet.

Why the Hype?

Google’s entry into the Pakistani fintech market is significant for several reasons:

  • Pakistan was among the largest countries without access to Google Wallet.
  • It reflects the growing maturity and global relevance of Pakistan’s digital economy.
  • It builds trust in mobile payments by leveraging Google’s brand credibility.
  • It could drive adoption of Raast P2M and scan-to-pay technologies.

How Google Wallet Could Drive Change

According to Saad Niazi, CEO of Keenu, the launch will likely accelerate behavioral change toward mobile merchant payments in Pakistan. Much like Apple Pay did in Saudi Arabia and the UAE, Google Wallet’s launch could boost transaction volumes and user trust in tap-to-pay technology.

Furthermore, the timing aligns with Pakistan’s broader shift to digital. The Raast P2M system, launched in late 2023, has already onboarded over 700,000 merchants. However, adoption is still slow—with only 0.9 million transactions worth Rs2.9 billion processed between September and December 2024. A user-friendly interface like Google Wallet could be the push needed to normalize such services.

Limitations of Google Wallet in Pakistan

While promising, there are notable limitations:

  1. Card-only functionality: Google Wallet doesn’t support mobile wallet or bank account integrations yet. With just 56.4 million payment cards in circulation, its current reach is limited compared to apps like JazzCash (64 million users) and Easypaisa (21 million users).
  2. NFC Compatibility: The service relies on NFC-enabled phones, which are relatively rare in Pakistan. Many budget smartphones lack NFC functionality, a deliberate move by assemblers to reduce costs.
  3. Limited device coverage: Without widespread NFC support, tap-to-pay adoption could face short-term roadblocks.

Despite these hurdles, the long-term potential remains strong. NFC costs are declining, and increased demand could push local manufacturers to include this feature in more devices. Additionally, POS terminals across Pakistan are rapidly upgrading to support tap-and-pay payments.

Industry Reactions and Future Outlook

Industry leaders are optimistic. Aamir Aftab, Chief Product Officer at JazzCash, sees Google Wallet as an opportunity to encourage card adoption in a mobile-first market. By integrating with Google Wallet, platforms like JazzCash can offer hybrid experiences—combining card and wallet transactions under one umbrella.

Karim Jindani, CEO of Paysys Labs, offers a broader perspective: for Pakistan to truly revolutionize payments, it must look beyond cards. Drawing from global examples like Brazil’s Pix and India’s UPI, he suggests Pakistan should invest in scalable peer-to-peer (P2P) and peer-to-merchant (P2M) infrastructure, backed by thoughtful policy and innovation.

Conclusion

Google Wallet’s arrival in Pakistan is more than just a tech upgrade—it’s a sign that the global fintech world sees potential in the country’s rapidly growing digital ecosystem. While the service currently faces some limitations, it has the potential to reshape consumer habits, accelerate Raast P2M adoption, and create a more seamless digital payment experience.

The key will be how effectively local businesses, policymakers, and fintechs can build on this momentum to create an inclusive and scalable payment infrastructure for all.

Jazz Invests PKR 53.9B in 2024 to Drive Pakistan's Digital Growth

Jazz Invests PKR 53.9B in 2024 to Drive Pakistan’s Digital Growth

Jazz Invests PKR 53.9B in 2024 to Drive Pakistan’s Digital Growth 696 418 D. I. Khan New City

In a monumental step toward digital transformation, Jazz has announced a PKR 53.9 billion investment in 2024. This strategic move represents a remarkable 46.2% year-on-year (YoY) increase, reflecting the company’s unwavering dedication to accelerating Pakistan’s digital and financial landscape. From fintech solutions to AI-powered services, Jazz is actively building a future-ready, digitally inclusive ecosystem.

Driving Financial Inclusion with JazzCash

JazzCash continues to revolutionize Pakistan’s financial landscape. Currently, with over 19.7 million active users and facilitating PKR 2.8 trillion in transactions, it has become a key player in promoting a cashless economy. Moreover, the platform’s rapid growth is supported by:

  • 143,000+ Daily Digital Loans: Offering easy access to credit.

  • 350,000+ Merchant Network: Enhancing cashless transactions nationwide.

  • 122,000 Agents: Ensuring financial services reach remote areas.

As a result, this growth signifies Jazz’s commitment to reducing financial exclusion, particularly in underserved communities.

Expanding Digital Horizons with AI and Cloud Solutions

Jazz’s ServiceCo strategy emphasizes expanding beyond traditional telecom services. Consequently, this includes the development of AI-powered platforms and localized cloud solutions like Garaj, which reported a significant 74% growth in 2024.

In addition, other notable advancements include:

  • Tamasha: Pakistan’s leading streaming platform with 17.1 million monthly active users (MAUs), offering premium sports content and expanding into new categories.

  • SIMOSA: AI-powered lifestyle platform with 19 million MAUs, providing personalized digital experiences.

  • FikrFree: AI-driven insurance and healthcare marketplace, gaining 1.4 million users and selling 790,000 policies.

Furthermore, these digital initiatives reinforce Jazz’s vision of transforming how Pakistanis access entertainment, financial services, and essential digital solutions.

Commitment to Sustainability and Strategic Partnerships

Notably, a key aspect of Jazz’s strategy is its unwavering commitment to sustainable growth. By collaborating with Engro Corporation on infrastructure development, Jazz is embracing an asset-light model to ensure both scalability and operational resilience in the future.

Conclusion

Jazz’s massive investment in 2024 marks a significant milestone in Pakistan’s ongoing journey toward digital and financial inclusion. By leveraging AI innovations, fintech solutions, and strategic partnerships, Jazz is not only expanding nationwide connectivity but also creating a more inclusive, cashless economy for all Pakistanis.