JazzCash reaches 60 million customers with $59.7 billion in transactions

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JazzCash Crosses 60 Million Registered Customers; Processes PKR 16.8 Trillion (~USD 59.7 Billion) in Annual Gross Transaction Value to March 2026, Accelerating Pakistan's Shift to a Cashless Economy

May 14, 2026 9:18 AM EDT

Islamabad, 14 May 2026: JazzCash, Pakistan's leading digital financial services provider and a subsidiary of VEON Ltd. (Nasdaq: VEON), has crossed 60 million registered customers, processing PKR 16.8 trillion (approximately USD 59.7 billion) in Gross Transaction Value in the twelve month period ending March 31, 2026, up 56% year-on-year, as demand for digital payments, lending, and disbursement services continued to accelerate

The rapid expansion in transaction value was driven by a 47.3% year-on-year jump in twelve-month transaction volume and a 35.8% rise in the average number of transactions per user in Q1 2026, reflecting that existing users are... More