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flag Pakistan's credit card market reaches Rs8.5 billion, with banks eyeing growth through corporate cards.

flag As of October 2024, Pakistan's credit card portfolio reached Rs8.5 billion, about 1% of total consumer financing. flag Traditionally focusing on mass consumers, the financial sector sees potential in expanding to corporate and SMEs with business credit cards. flag These cards can help manage expenses, offering spending controls and discounts, while eliminating employee reimbursement issues. flag With fintech support, banks can diversify offerings, attract more businesses, and boost trust in the banking system. flag However, only a few banks currently offer corporate credit cards.

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