ISLAMABAD, Jun 17 (NNN-APP) – The e-banking sector in Pakistan kept on showing a steady growth trend, in the third quarter of the current fiscal year, the State Bank of Pakistan (SBP) said, yesterday.
The Pakistani central bank’s payment system review, covering Jan-Mar, 2022, “presents an overall viewpoint of growing digital adoption in the country, as SBP continues to promote robust and efficient payments ecosystem in the country,” the SBP said in a statement.
The SBP’s report said that, customers’ inclination towards the use of e-banking continued to rise as shown in both volume and value of transactions.
Total e-banking transactions witnessed a growth of 2.6 percent in volume and 6.5 percent in value, on a quarter-on-quarter basis, the SBP said.
The e-banking involves transactions conducted via electronic channels, including real-time online branches, ATMs, mobile banking, Internet banking, call centre banking, POS (point-of-sale), and e-commerce, according to the SBP.– NNN-APP
