Digital payments rise in retail transactions in Pakistani banking system ...Middle East

Daily Sun - News
Digital payments rise in retail transactions in Pakistani banking system
ISLAMABAD: The share of digital payments in retail transactions of banking system in Pakistan increased to 80 per cent in the first quarter of the current fiscal year starting from July 2023, the State Bank of Pakistan (SBP) said Saturday, reported Xinhua.It increased to 74 per cent in the same quarter of the last year, the SBP said in its Quarterly Payment Systems Report for the first quarter of the current fiscal year.While the share of over-the-counter (OTC) transactions was 20 per cent in retail transactions this quarter, its share by value was 87 per cent, indicating customers' preference for OTC channel for higher value transactions, said the report.Regarding digital platform users, th

Read More Details
Finally We wish PressBee provided you with enough information of ( Digital payments rise in retail transactions in Pakistani banking system )

Apple Storegoogle play

Also on site :

Most viewed in News