KARACHI: Pakistan’s information and communication technology (ICT) sector maintained growth momentum during 2025-26, with export remittances increasing 19.7 percent year-on-year and generating a trade surplus of USD 2.91 billion, according to the Pakistan Economic Survey, Payoneer said in a statement on Friday.
The company said the number of information technology and IT-enabled services companies registered with the Securities and Exchange Commission of Pakistan (SECP) also increased significantly during the period.
Payoneer said that as Pakistani technology companies, digital agencies, e-commerce sellers and software-as-a-service (SaaS) exporters expand their international operations, reliable cross-border payment infrastructure has become increasingly important for managing currencies, controlling costs and supporting business growth.
According to the statement, Payoneer enables eligible Pakistani businesses to receive payments in major currencies, issue payment requests, manage funds and make payments to international suppliers and contractors through its global financial infrastructure.
The company said its integrations with local banks and financial institutions also connect international earnings with Pakistan’s banking system, including through real-time local withdrawals.
“Pakistan’s businesses have the capabilities, ambition and talent to compete globally. However, international growth also requires financial infrastructure that can move at the speed of their business,” Nagesh Devata, Senior Vice President and Head of Asia-Pacific at Payoneer, was quoted as saying.
He said simplifying the process through which small and medium-sized businesses receive, manage and use international payments could help convert global sales into working capital and support longer-term business growth.
Payoneer said stronger cross-border payment infrastructure could also contribute to the broader economy by encouraging formal export receipts, improving cash flows for small and medium-sized enterprises and enabling more businesses to participate in international trade.
Copyright Business Recorder, 2026