Consumers in Pakistan are now switching towards the Digital Payments for large range of purchases. Be it ordering food, paying utility bills, shopping grocery online, buying clothes, booking cinema tickets or planning a trip, digital payment systems provide the ease customers are looking for. With Digital Payment modes, Individuals can pay from anywhere anytime. Using this payment mode is less risky as well, as it eliminates the need to carry cash around. Even if you lose your mobile phone or your credit/debit card, no one can use your virtual wallet without your identification details. Furthermore, Digital Payment systems also help to maintain your financial record, track your spending and budget planning. In 2015-16, 16% of Pakistanis had a traditional bank account and 3% a mobile wallet. As per the latest statistics on the branchless banking (BB) sector issued by the State Bank of Pakistan in June 2017, there are over 27.3 million mobile wallet users with 87% year on year increase. The digital payments in Pakistan includes Mobile In-Store Payments & Apps (Keenu, Finja, SimSim, Easy Paisa, Jazz Cash). eWallets & Mobile Payment Applications (almost all banks are providing smartphone applications), the Pakistan’s digital and mobile wallet providers include: ·       EasyPaisa mobile account by Telenor is backed by Telenor Bank (formerly Tameer bank) ·       JazzCash mobile account by Mobilink/Jazz is backed by Mobilink Microfinance bank ·       uPaisa mobile account by Ufone is backed by Meezan Bank ·       TimePey mobile account by Zong is backed by Askari Bank ·       UBL Omni mobile account ·       MCB Mobile ·       HBL M-Wallet ·       SIM SIM by FINCA Microfinance bank These all mobile wallets have different transaction limits ranging from Rs. 20,000 to Rs. 200,000 per month. Through these e-payment solutions in Pakistan, you can: transfer money to another mobile account, transfer money to a person (CNIC), transfer money to other banks (IBFT), pay utility bills, make donations, make online purchases, handset lending and health insurance, purchasing airtime, salary/corporate disbursements, online retail, offline retail etc. The objectives of the study include factors influencing the acceptance of Digital Payment methods by Pakistani consumers and how the benefits associated with the digital payments can transform the lives of Pakistani consumers who use technology for financial transactions. The prior literature review related to Digital Payments includes: ·       Awareness of Electronic Banking in Pakistan by Nouman Anwar Dar which discusses the focuses on growth and awareness of electronic banking in Pakistan.   ·       Issues and Challenges of Electronic Payment Systems by Rachna and Priyanka Singh which identifies the issues and challenges of electronic payment systems and offer some solutions to improve the e-payment system quality. ·       Constructing a Holistic Framework for Mobile Wallet Adoption in Emerging Countries: An Empirical Study with Evidence from Pakistan and Myanmar by Silje Oksholm Arnøy Alexander Farner Fosseidbråten which developed a framework that can be used to develop an existing market or enter an unknown foreign market to set up a mobile wallet (mWallet) ecosystem and stimulate financial inclusion. ·       A study on Digital payments in India with perspective of consumers adoption by K.Suma vally and Dr. K.Hema Divya which identifies DFS adoption opportunities such as user readiness, interface improvements, and women’s independence. All of these opportunities stem from awareness and understanding of relevance, a consequence of exposure to the application under evaluation. ·        E- Banking System in Pakistan by Muhammad Rahimuddin and Syed Asif Abbas Bukhari which unlocked the significance that Pakistani banks are connected with this type of e-banking technology that is being implemented by the banks for providing the electronic services to the customers and in what extent this technology is relevant to customers. ·        Effect of Plastic Money on the Performance of Banking Sector of Pakistan which aimed at examining the effect of electric financial around the earnings of Pakistani banking companies. ·       Mobile Financial Services for Microfinance Institutions: Case Study of Easypaisa and Tameer in Pakistan by Aiaze Mithe. Motivation of the research came from various factors. First of all, mobile wallet is a “trendy” topic that has been discussed in technical forums and financial websites in several years lately. And also, now a days one can see tons of advertisements on television, radio and internet, yet very few people know what mobile wallet is. Therefore, the research is being carried out due to personal curiosity to gain practical knowledge about mobile wallet, and also to understand how consumers in Pakistan perceive this new technological service. The methodology which will be used for the research will include distribution of questionnaires and the qualitative part will be taken from the internet in order to determine the factors that support the research topic. The questionnaires will be distributed among the university students and the working class (especially people with white-collar jobs). Since, these two group of people are mostly associated with adaptation to latest trends in the technological world. The independent and dependent variables include cultural perceptions, education level, age group, profession, annual income, smartphones/internet usage, facilitating conditions, perceived credibility, perceived speed of digital payments, perceived Ease of Use and perceived usefulness.