Cashless shift accelerates: Digital payments transform urban retail economy

A noticeable rise in digital payments is being observed across urban areas, gradually reshaping traditional buying and selling practices

MULTAN, (UrduPoint / Pakistan Point News - 8th Apr, 2026) A noticeable rise in digital payments is being observed across urban areas, gradually reshaping traditional buying and selling practices. Small shops and commercial markets are increasingly adopting mobile wallets and QR code-based transactions, replacing cash-based dealings with faster and more convenient alternatives.

The trend is contributing to smoother business operations, improved transparency, and better time management for both customers and shopkeepers.

A shopkeeper in Karachi said that handling large amounts of cash on a daily basis used to be challenging, but now most customers prefer digital payments, making record-keeping much easier and more organized.

Similarly, a small trader in Lahore noted that mobile wallet transactions have made business operations more secure and efficient.

Consumers also appear to be adapting quickly, with many stating that they no longer need to carry cash for everyday purchases, as most retail points now support digital payment options.

Experts believe this growing shift marks an important step towards a cashless economy. However, they also point out that expanding digital financial inclusion in rural areas and improving awareness remain key challenges.