JazzCash Reaches One Million Raast QR Merchants, Processes PKR15 Trillion in 2025

VEONVEON

JazzCash onboarded its one millionth Raast QR-enabled merchant, expanding Pakistan’s largest digital payment network across micro-retailers and non-profits. The platform supports 58 million registered users and processed PKR15 trillion (~USD53 billion) in 2025, equivalent to 13% of Pakistan’s GDP.

1. Merchant Onboarding Milestone

JazzCash welcomed Behbud Crafts as its one millionth Raast QR-enabled merchant in Islamabad, marking the expansion of Pakistan’s largest digital payment acceptance network across corner shops, micro-entrepreneurs, retailers and online businesses.

2. Transaction Volume and User Base

The platform’s 58 million registered customers executed PKR15 trillion (~USD53 billion) in transactions during 2025—equivalent to 13% of Pakistan’s GDP—demonstrating deep penetration into the national economy.

3. Digital Inclusion and Economic Impact

By integrating with the national instant payment system Raast, JazzCash promotes secure, interoperable payments that accelerate financial inclusion for small businesses and underserved populations.

4. Strategic Significance for VEON

This milestone underscores VEON’s broader strategy to build inclusive digital ecosystems across its markets, potentially driving user growth, transaction volume and revenue diversification.

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