KARACHI: The State Bank of Pakistan (SBP) recently issued key information about payment system of banking system in the country.
Following is the snapshot of payment system in Pakistan:
Snapshot details as on December 31, 2020
Total Population in Pakistan: 208.31 million
Currency in Circulation (in million PKR) 6,543,806
Number of Banks’ Accounts: 5 59,910,511
Payment Systems Infrastructure as on December 31, 2020
Number of Banks 44 and (Branches) (16,304)
Commercial/ Specialized Banks Branches15,096
Microfinance (Branches) 1,208
Number of Real Time Online Branches (RTOBs): 16,165
Number of banks having ATM machines: 35
Number of banks having open-looped POS machines: 5
Number of banks having closed-looped POS machines: 4
Number of banks providing Internet Banking services: 27
Number of Banks providing Mobile Phone Banking services: 27
Number of Banks providing Call Center Banking services: 23
Total Number of PRISM System Participants: 50
Total number of ATMs Interoperable Switches: 1
Total number of Cash & Cheque Deposits Machines (CDMs): 225
Total number of Cash Deposits Machines with Cash Withdrawal facility: 20
Multipurpose ATMs (With Cash & Cheque Deposit & Cash Withdrawal): 15
