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Tag: internet banking

Mobile Banking

Mobile phone banking faces major setbacks as Pakistan suspends internet services

May 12, 2023May 12, 2023Faisal Shahnawaz

Pakistan’s decision to shut down internet services in the country has had severe repercussions for the mobile phone banking sector, leading to substantial financial losses.

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Internet banking posts 20% growth in 3Q: State Bank

June 16, 2022June 16, 2022Faisal Shahnawaz

KARACHI: The State Bank of Pakistan (SBP) has said that the transactions of internet banking posted 20 per cent growth in the third quarter of the current fiscal year. According to the report the transaction volume of internet banking increased to Rs2.9 trillion by end of quarter January – March 2022 as compared with Rs2.42 […]

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State Bank of Pakistan

Mobile, internet banking transactions grow more than double: SBP

June 28, 2021August 9, 2021Mrs. Anjum Shahnawaz

KARACHI: The value of mobile banking, internet banking and e-commerce transactions all more than doubled during the third quarter of 2020/2021 when compared with the same period last year, State Bank of Pakistan (SBP) said on Monday. Encouragingly, the number of internet and mobile banking users has also been increasing significantly, up 30.5 percent and […]

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FBR White

FBR issues procedure for making payment through internet, ATM, mobile banking

April 16, 2019April 13, 2021Faisal Shahnawaz

ISLAMABAD: Federal Board of Revenue (FBR) has issued procedure for payment of duty and taxes through alternate delivery channels (ADC) including internet banking, ATM and mobile banking. The FBR said that it had launched the system of payment of taxes through ADC under which taxpayers would now be able to make payments of federal taxes […]

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