# Digital payments & SME

Pakistan's move to digital money, measured quarterly. It comes from the **SBP Payment Systems Review** and the **SBP SME Finance Review**. This is the alternate-data layer that headline GDP misses.

| | |
|---|---|
| Module | `alternate` |
| Frequency | Quarterly (quarter-end dates) |
| History | Payments 2023 ->; SME finance 2019 -> |
| Endpoint | [`/v1/series/{id}`](https://pakdatahub.com/docs/api-series.md) |
| Units | Volume in millions of transactions; value in Rs billion (per series `unit`) |

## Raast (instant payments)

| Id | What it is |
|---|---|
| `payments.raast.total.value` - `payments.raast.total.volume` | All Raast transactions |
| `payments.raast.p2p.value` - `.volume` | Person-to-person |
| `payments.raast.p2m.value` - `.volume` | Person-to-merchant |
| `payments.raast.bulk.value` - `.volume` | Bulk (e.g. salaries, G2P) |

## Infrastructure & users

`payments.atms`, `payments.pos_machines`, `payments.pos_merchants`, `payments.qr_merchants`, `payments.ecommerce_merchants`, `payments.payment_cards`, `payments.cards.credit`, `payments.cards.debit`, `payments.cards.prepaid`, `payments.cards.social_welfare`, `payments.mobile_banking_users`, `payments.internet_banking_users`, `payments.ewallet_users`, `payments.bb_agents`, `payments.bank_branches`.

## Transactions by channel

`payments.channel.<channel>.volume` / `.value` for `atm`, `pos`, `internet`, `mobile`, `ivr`, `ecommerce`, `ewallet` and `bb_app` (branchless app). Also `payments.retail.value`, `payments.retail.digital.value`, `payments.retail.otc.value`, and large-value `payments.prism.value` / `.volume`.

```bash
curl -H "X-API-Key: pk_live_xxx" \
  "https://api.pakdatahub.com/v1/series/payments.raast.p2p.value?sort=asc"
```

## SME finance

| Id | What it is |
|---|---|
| `sme.outstanding` | SME financing outstanding |
| `sme.borrowers` | Number of SME borrowers |
| `sme.npl_ratio` | SME non-performing loan ratio, % |
| `sme.share_pvt_sector` | SME share of private-sector credit |
| `sme.facility.working_capital` - `.fixed_investment` - `.trade_finance` | By facility |
| `sme.sector.manufacturing` - `.trading` - `.services` | By sector |
| `sme.bank_share.public` - `.private` - `.islamic` - `.specialized` - `.dfis` | By bank group |
| `sme.islamic.total` | Islamic SME finance |

Branchless-banking detail (agents, accounts, transactions) is under `payments.branchless.*` in [Money & banking](https://pakdatahub.com/docs/data-monetary.md).

Use cases: fintech market sizing, adoption KPIs, diligence, financial-inclusion research. See the [payments module page](https://pakdatahub.com/data/payments).

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Source: https://pakdatahub.com/docs/data-payments - PakDataHub docs index: https://pakdatahub.com/docs/llms.txt