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.
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 […]
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 […]
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 […]