Pakistan ATM

- Jun 14, 2018-

Economic daily, China economic network, Beijing June 6th, according to the Chinese Embassy in Pakistan official network news, Pakistan "Dawn newspaper" in June 5th reported, this Monday, the Pakistan Central Bank (SBP) issued a review of the Palestinian payment system, providing the rapid growth characteristics of the Palestinian digital transactions.


In recent years, digital banks are becoming more and more popular in Pakistan, the report said. As a result of the central bank's support policy, the electronic payment business of commercial banks in Pakistan is expanding. By the end of the third quarter of this fiscal year, the Commercial Bank of Pakistan increased 426 ATM machines, bringing the total number of ATM machines to 13835, an increase of 3.2% over the same period. In the third quarter of this fiscal year, 8 million 400 thousand transactions were completed through online banking, with a transaction volume of 332 billion 800 million rupees, an increase of 13.7% over the same period last year.


With the increasing perfection of the admissible environment in Pakistan, the UnionPay international has issued a number of unioncouplet cards with FBL, HBL and other organizations, which can be used in the world, including Pakistan, to serve the local residents' daily cards and cross-border payments. In the near future, it will also cooperate with KASB bank and ICBC Karachi branch to launch more diversified UnionPay card products.