{"id":758,"date":"2024-07-19T10:22:05","date_gmt":"2024-07-19T10:22:05","guid":{"rendered":"https:\/\/pkfin.kotenterprises.dev\/?p=758"},"modified":"2025-01-07T17:03:50","modified_gmt":"2025-01-07T17:03:50","slug":"total-retail-payments-now-comprise-83-digital-transactions","status":"publish","type":"post","link":"https:\/\/pkfin.kotenterprises.dev\/?p=758","title":{"rendered":"Total Retail Payments Now Comprise 83% Digital Transactions: SBP Report"},"content":{"rendered":"\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><strong>Islamabad, July 2024<\/strong> \u2014 Digital transactions accounted for 83% of total retail payments in Pakistan during the third quarter (January-March) of the fiscal year 2023-24, according to the <a href=\"https:\/\/www.sbp.org.pk\/index.html\" rel=\"nofollow noopener\" target=\"_blank\">State Bank of Pakistan<\/a>&#8216;s (SBP) Quarterly Payment Systems Report. The remaining 17% of transactions were conducted over-the-counter (OTC) at bank branches.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">Banks and Electronic Money Institutions (EMIs) collectively processed 844 million retail payments amounting to Rs. 128,470 billion during the quarter. These transactions were categorized as follows:<\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>47% funds transfers<\/li>\r\n\r\n\r\n\r\n<li>33% cash withdrawals<\/li>\r\n\r\n\r\n\r\n<li>11% POS and e-commerce purchases<\/li>\r\n\r\n\r\n\r\n<li>6% bill payments and mobile top-ups<\/li>\r\n\r\n\r\n\r\n<li>The remaining transactions included deposits, tax payments, invoice-based payments, and donations.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">The SBP report highlighted continuous and significant progress in the adoption of digital payment channels within Pakistan&#8217;s payment system. The digital user base in Pakistan saw an impressive average growth of 8%, reaching:<\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>59 million branchless banking (BB) mobile app users<\/li>\r\n\r\n\r\n\r\n<li>17 million mobile banking app users<\/li>\r\n\r\n\r\n\r\n<li>11 million internet banking users<\/li>\r\n\r\n\r\n\r\n<li>3 million EMIs\u2019 e-wallet users<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">Mobile and internet banking services remained the preferred channels for customers, with mobile banking transactions increasing by 8% to 301 million and internet banking transactions growing by 3% to 59 million. The amounts processed through these channels reached Rs. 12,955 billion for <a href=\"https:\/\/pkfin.kotenterprises.dev\/how-digital-banks-can-play-key-role-in-driving-economic-mobility-of-pakistan\/\" target=\"_blank\" rel=\"nofollow noopener\">mobile banking<\/a> and Rs. 6,467 billion for internet banking.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">The extensive network facilitating the delivery of payment services across Pakistan includes:<\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>18,049 bank branches<\/li>\r\n\r\n\r\n\r\n<li>18,655 ATMs<\/li>\r\n\r\n\r\n\r\n<li>120,641 POS terminals<\/li>\r\n\r\n\r\n\r\n<li>648,333 BB agents<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">Raast, Pakistan\u2019s instant payment system, processed 140 million transactions totaling Rs. 3,437 billion in Q3 of FY24, marking a 31% increase in volume and a 48% increase in value from the previous quarter. This significant growth underscores Raast\u2019s crucial role in the nation\u2019s payment landscape.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">Additionally, 1.5 million transactions amounting to Rs. 315,596 billion were settled through PRISM (RTGS), including the settlement of government securities, funds transfers, and ancillary clearing transactions.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">The SBP report concludes that the continuous growth in digital transactions and the expanding digital user base demonstrate the increasing reliance on and trust in digital payment systems in Pakistan.<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Islamabad, July 2024 &mdash; Digital transactions accounted for 83% of total retail payments in Pakistan during the third quarter (January-March) of the fiscal year 2023-24, according to the State Bank of Pakistan&lsquo;s (SBP) Quarterly Payment Systems Report. The remaining 17% of transactions were conducted over-the-counter (OTC) at bank branches. Banks and Electronic Money Institutions (EMIs) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":759,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[2,7],"tags":[498,15,402,497,59],"class_list":["post","format-standard"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - aioseo.com -->\n\t<meta name=\"description\" content=\"Islamabad, July 2024 \u2014 Digital transactions accounted for 83% of total retail payments in Pakistan during the third quarter (January-March) of the fiscal year 2023-24, according to the State Bank of Pakistan&#039;s (SBP) Quarterly Payment Systems Report. The remaining 17% of transactions were conducted over-the-counter (OTC) at bank branches. Banks and Electronic Money Institutions (EMIs)\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"FN Pakistan Staff\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/pkfin.kotenterprises.dev\/?p=758\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.9\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Fintech News Pakistan - Latest Fintech News, Insights, Analysis and Intelligence from Pakistan.\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Total Retail Payments Now Comprise 83% Digital Transactions: SBP Report - Fintech News Pakistan\" \/>\n\t\t<meta property=\"og:description\" content=\"Islamabad, July 2024 \u2014 Digital transactions accounted for 83% of total retail payments in Pakistan during the third quarter (January-March) of the fiscal year 2023-24, according to the State Bank of Pakistan&#039;s (SBP) Quarterly Payment Systems Report. The remaining 17% of transactions were conducted over-the-counter (OTC) at bank branches. Banks and Electronic Money Institutions (EMIs)\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/pkfin.kotenterprises.dev\/?p=758\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2024-07-19T10:22:05+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2025-01-07T17:03:50+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Total Retail Payments Now Comprise 83% Digital Transactions: SBP Report - Fintech News Pakistan\" \/>\n\t\t<meta name=\"twitter:description\" content=\"Islamabad, July 2024 \u2014 Digital transactions accounted for 83% of total retail payments in Pakistan during the third quarter (January-March) of the fiscal year 2023-24, according to the State Bank of Pakistan&#039;s (SBP) Quarterly Payment Systems Report. The remaining 17% of transactions were conducted over-the-counter (OTC) at bank branches. Banks and Electronic Money Institutions (EMIs)\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BlogPosting\",\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?p=758#blogposting\",\"name\":\"Total Retail Payments Now Comprise 83% Digital Transactions: SBP Report - Fintech News Pakistan\",\"headline\":\"Total Retail Payments Now Comprise 83% Digital Transactions: SBP Report\",\"author\":{\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/author\\\/admin_ftn#author\"},\"publisher\":{\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/#organization\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/2-13.png\",\"width\":1191,\"height\":864,\"caption\":\"Total Retail Payments Now Comprise 83% Digital Transactions:\"},\"datePublished\":\"2024-07-19T10:22:05+05:00\",\"dateModified\":\"2025-01-07T17:03:50+05:00\",\"inLanguage\":\"en-US\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?p=758#webpage\"},\"isPartOf\":{\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?p=758#webpage\"},\"articleSection\":\"Fintech, Payments, 83% Digital Transactions, fintech, Fintech News Pakistan, Retail Payments, SBP\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?p=758#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/pkfin.kotenterprises.dev\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?cat=1193#listItem\",\"name\":\"Fintech News\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?cat=1193#listItem\",\"position\":2,\"name\":\"Fintech News\",\"item\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?cat=1193\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?cat=1300#listItem\",\"name\":\"PayTech\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?cat=1300#listItem\",\"position\":3,\"name\":\"PayTech\",\"item\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?cat=1300\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?cat=7#listItem\",\"name\":\"Payments\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?cat=1193#listItem\",\"name\":\"Fintech News\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?cat=7#listItem\",\"position\":4,\"name\":\"Payments\",\"item\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?cat=7\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?p=758#listItem\",\"name\":\"Total Retail Payments Now Comprise 83% Digital Transactions: SBP Report\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?cat=1300#listItem\",\"name\":\"PayTech\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?p=758#listItem\",\"position\":5,\"name\":\"Total Retail Payments Now Comprise 83% Digital Transactions: SBP Report\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?cat=7#listItem\",\"name\":\"Payments\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/#organization\",\"name\":\"Fintech News Pakistan\",\"description\":\"Latest Fintech News, Insights, Analysis and Intelligence from Pakistan.\",\"url\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/author\\\/admin_ftn#author\",\"url\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/author\\\/admin_ftn\",\"name\":\"FN Pakistan Staff\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?p=758#authorImage\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/adf5a7f75a0668590117fb63bccbbde1238d913a7e9247af4dd7aee596197345?s=96&d=mm&r=g\",\"width\":96,\"height\":96,\"caption\":\"FN Pakistan Staff\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?p=758#webpage\",\"url\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?p=758\",\"name\":\"Total Retail Payments Now Comprise 83% Digital Transactions: SBP Report - Fintech News Pakistan\",\"description\":\"Islamabad, July 2024 \\u2014 Digital transactions accounted for 83% of total retail payments in Pakistan during the third quarter (January-March) of the fiscal year 2023-24, according to the State Bank of Pakistan's (SBP) Quarterly Payment Systems Report. The remaining 17% of transactions were conducted over-the-counter (OTC) at bank branches. Banks and Electronic Money Institutions (EMIs)\",\"inLanguage\":\"en-US\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?p=758#breadcrumblist\"},\"author\":{\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/author\\\/admin_ftn#author\"},\"creator\":{\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/author\\\/admin_ftn#author\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/2-13.png\",\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?p=758\\\/#mainImage\",\"width\":1191,\"height\":864,\"caption\":\"Total Retail Payments Now Comprise 83% Digital Transactions:\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/?p=758#mainImage\"},\"datePublished\":\"2024-07-19T10:22:05+05:00\",\"dateModified\":\"2025-01-07T17:03:50+05:00\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/#website\",\"url\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/\",\"name\":\"Fintech News Pakistan\",\"description\":\"Latest Fintech News, Insights, Analysis and Intelligence from Pakistan.\",\"inLanguage\":\"en-US\",\"publisher\":{\"@id\":\"https:\\\/\\\/pkfin.kotenterprises.dev\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<!-- All in One SEO -->\n\n","aioseo_head_json":{"title":"Total Retail Payments Now Comprise 83% Digital Transactions: SBP Report - Fintech News Pakistan","description":"Islamabad, July 2024 \u2014 Digital transactions accounted for 83% of total retail payments in Pakistan during the third quarter (January-March) of the fiscal year 2023-24, according to the State Bank of Pakistan's (SBP) Quarterly Payment Systems Report. The remaining 17% of transactions were conducted over-the-counter (OTC) at bank branches. Banks and Electronic Money Institutions (EMIs)","canonical_url":"https:\/\/pkfin.kotenterprises.dev\/?p=758","robots":"max-image-preview:large","keywords":"","webmasterTools":{"miscellaneous":""},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BlogPosting","@id":"https:\/\/pkfin.kotenterprises.dev\/?p=758#blogposting","name":"Total Retail Payments Now Comprise 83% Digital Transactions: SBP Report - Fintech News Pakistan","headline":"Total Retail Payments Now Comprise 83% Digital Transactions: SBP Report","author":{"@id":"https:\/\/pkfin.kotenterprises.dev\/author\/admin_ftn#author"},"publisher":{"@id":"https:\/\/pkfin.kotenterprises.dev\/#organization"},"image":{"@type":"ImageObject","url":"https:\/\/pkfin.kotenterprises.dev\/wp-content\/uploads\/2024\/07\/2-13.png","width":1191,"height":864,"caption":"Total Retail Payments Now Comprise 83% Digital Transactions:"},"datePublished":"2024-07-19T10:22:05+05:00","dateModified":"2025-01-07T17:03:50+05:00","inLanguage":"en-US","mainEntityOfPage":{"@id":"https:\/\/pkfin.kotenterprises.dev\/?p=758#webpage"},"isPartOf":{"@id":"https:\/\/pkfin.kotenterprises.dev\/?p=758#webpage"},"articleSection":"Fintech, Payments, 83% Digital Transactions, fintech, Fintech News Pakistan, Retail Payments, SBP"},{"@type":"BreadcrumbList","@id":"https:\/\/pkfin.kotenterprises.dev\/?p=758#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/pkfin.kotenterprises.dev#listItem","position":1,"name":"Home","item":"https:\/\/pkfin.kotenterprises.dev","nextItem":{"@type":"ListItem","@id":"https:\/\/pkfin.kotenterprises.dev\/?cat=1193#listItem","name":"Fintech News"}},{"@type":"ListItem","@id":"https:\/\/pkfin.kotenterprises.dev\/?cat=1193#listItem","position":2,"name":"Fintech News","item":"https:\/\/pkfin.kotenterprises.dev\/?cat=1193","nextItem":{"@type":"ListItem","@id":"https:\/\/pkfin.kotenterprises.dev\/?cat=1300#listItem","name":"PayTech"},"previousItem":{"@type":"ListItem","@id":"https:\/\/pkfin.kotenterprises.dev#listItem","name":"Home"}},{"@type":"ListItem","@id":"https:\/\/pkfin.kotenterprises.dev\/?cat=1300#listItem","position":3,"name":"PayTech","item":"https:\/\/pkfin.kotenterprises.dev\/?cat=1300","nextItem":{"@type":"ListItem","@id":"https:\/\/pkfin.kotenterprises.dev\/?cat=7#listItem","name":"Payments"},"previousItem":{"@type":"ListItem","@id":"https:\/\/pkfin.kotenterprises.dev\/?cat=1193#listItem","name":"Fintech News"}},{"@type":"ListItem","@id":"https:\/\/pkfin.kotenterprises.dev\/?cat=7#listItem","position":4,"name":"Payments","item":"https:\/\/pkfin.kotenterprises.dev\/?cat=7","nextItem":{"@type":"ListItem","@id":"https:\/\/pkfin.kotenterprises.dev\/?p=758#listItem","name":"Total Retail Payments Now Comprise 83% Digital Transactions: SBP Report"},"previousItem":{"@type":"ListItem","@id":"https:\/\/pkfin.kotenterprises.dev\/?cat=1300#listItem","name":"PayTech"}},{"@type":"ListItem","@id":"https:\/\/pkfin.kotenterprises.dev\/?p=758#listItem","position":5,"name":"Total Retail Payments Now Comprise 83% Digital Transactions: SBP Report","previousItem":{"@type":"ListItem","@id":"https:\/\/pkfin.kotenterprises.dev\/?cat=7#listItem","name":"Payments"}}]},{"@type":"Organization","@id":"https:\/\/pkfin.kotenterprises.dev\/#organization","name":"Fintech News Pakistan","description":"Latest Fintech News, Insights, Analysis and Intelligence from Pakistan.","url":"https:\/\/pkfin.kotenterprises.dev\/"},{"@type":"Person","@id":"https:\/\/pkfin.kotenterprises.dev\/author\/admin_ftn#author","url":"https:\/\/pkfin.kotenterprises.dev\/author\/admin_ftn","name":"FN Pakistan Staff","image":{"@type":"ImageObject","@id":"https:\/\/pkfin.kotenterprises.dev\/?p=758#authorImage","url":"https:\/\/secure.gravatar.com\/avatar\/adf5a7f75a0668590117fb63bccbbde1238d913a7e9247af4dd7aee596197345?s=96&d=mm&r=g","width":96,"height":96,"caption":"FN Pakistan Staff"}},{"@type":"WebPage","@id":"https:\/\/pkfin.kotenterprises.dev\/?p=758#webpage","url":"https:\/\/pkfin.kotenterprises.dev\/?p=758","name":"Total Retail Payments Now Comprise 83% Digital Transactions: SBP Report - Fintech News Pakistan","description":"Islamabad, July 2024 \u2014 Digital transactions accounted for 83% of total retail payments in Pakistan during the third quarter (January-March) of the fiscal year 2023-24, according to the State Bank of Pakistan's (SBP) Quarterly Payment Systems Report. The remaining 17% of transactions were conducted over-the-counter (OTC) at bank branches. Banks and Electronic Money Institutions (EMIs)","inLanguage":"en-US","isPartOf":{"@id":"https:\/\/pkfin.kotenterprises.dev\/#website"},"breadcrumb":{"@id":"https:\/\/pkfin.kotenterprises.dev\/?p=758#breadcrumblist"},"author":{"@id":"https:\/\/pkfin.kotenterprises.dev\/author\/admin_ftn#author"},"creator":{"@id":"https:\/\/pkfin.kotenterprises.dev\/author\/admin_ftn#author"},"image":{"@type":"ImageObject","url":"https:\/\/pkfin.kotenterprises.dev\/wp-content\/uploads\/2024\/07\/2-13.png","@id":"https:\/\/pkfin.kotenterprises.dev\/?p=758\/#mainImage","width":1191,"height":864,"caption":"Total Retail Payments Now Comprise 83% Digital Transactions:"},"primaryImageOfPage":{"@id":"https:\/\/pkfin.kotenterprises.dev\/?p=758#mainImage"},"datePublished":"2024-07-19T10:22:05+05:00","dateModified":"2025-01-07T17:03:50+05:00"},{"@type":"WebSite","@id":"https:\/\/pkfin.kotenterprises.dev\/#website","url":"https:\/\/pkfin.kotenterprises.dev\/","name":"Fintech News Pakistan","description":"Latest Fintech News, Insights, Analysis and Intelligence from Pakistan.","inLanguage":"en-US","publisher":{"@id":"https:\/\/pkfin.kotenterprises.dev\/#organization"}}]},"og:locale":"en_US","og:site_name":"Fintech News Pakistan - Latest Fintech News, Insights, Analysis and Intelligence from Pakistan.","og:type":"article","og:title":"Total Retail Payments Now Comprise 83% Digital Transactions: SBP Report - Fintech News Pakistan","og:description":"Islamabad, July 2024 \u2014 Digital transactions accounted for 83% of total retail payments in Pakistan during the third quarter (January-March) of the fiscal year 2023-24, according to the State Bank of Pakistan's (SBP) Quarterly Payment Systems Report. The remaining 17% of transactions were conducted over-the-counter (OTC) at bank branches. Banks and Electronic Money Institutions (EMIs)","og:url":"https:\/\/pkfin.kotenterprises.dev\/?p=758","article:published_time":"2024-07-19T10:22:05+00:00","article:modified_time":"2025-01-07T17:03:50+00:00","twitter:card":"summary_large_image","twitter:title":"Total Retail Payments Now Comprise 83% Digital Transactions: SBP Report - Fintech News Pakistan","twitter:description":"Islamabad, July 2024 \u2014 Digital transactions accounted for 83% of total retail payments in Pakistan during the third quarter (January-March) of the fiscal year 2023-24, according to the State Bank of Pakistan's (SBP) Quarterly Payment Systems Report. The remaining 17% of transactions were conducted over-the-counter (OTC) at bank branches. Banks and Electronic Money Institutions (EMIs)"},"aioseo_meta_data":{"post_id":"758","title":null,"description":null,"keywords":null,"keyphrases":null,"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":null,"og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"large","priority":null,"frequency":null,"local_seo":null,"breadcrumb_settings":null,"limit_modified_date":false,"ai":null,"created":"2026-03-28 20:55:00","updated":"2026-03-28 20:55:00","seo_analyzer_scan_date":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/pkfin.kotenterprises.dev\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/pkfin.kotenterprises.dev\/?cat=1193\" title=\"Fintech News\">Fintech News<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/pkfin.kotenterprises.dev\/?cat=1300\" title=\"PayTech\">PayTech<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/pkfin.kotenterprises.dev\/?cat=7\" title=\"Payments\">Payments<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tTotal Retail Payments Now Comprise 83% Digital Transactions: SBP Report\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/pkfin.kotenterprises.dev"},{"label":"Fintech News","link":"https:\/\/pkfin.kotenterprises.dev\/?cat=1193"},{"label":"PayTech","link":"https:\/\/pkfin.kotenterprises.dev\/?cat=1300"},{"label":"Payments","link":"https:\/\/pkfin.kotenterprises.dev\/?cat=7"},{"label":"Total Retail Payments Now Comprise 83% Digital Transactions: SBP Report","link":"https:\/\/pkfin.kotenterprises.dev\/?p=758"}],"_links":{"self":[{"href":"https:\/\/pkfin.kotenterprises.dev\/index.php?rest_route=\/wp\/v2\/posts\/758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pkfin.kotenterprises.dev\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pkfin.kotenterprises.dev\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pkfin.kotenterprises.dev\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pkfin.kotenterprises.dev\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=758"}],"version-history":[{"count":3,"href":"https:\/\/pkfin.kotenterprises.dev\/index.php?rest_route=\/wp\/v2\/posts\/758\/revisions"}],"predecessor-version":[{"id":2342,"href":"https:\/\/pkfin.kotenterprises.dev\/index.php?rest_route=\/wp\/v2\/posts\/758\/revisions\/2342"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pkfin.kotenterprises.dev\/index.php?rest_route=\/wp\/v2\/media\/759"}],"wp:attachment":[{"href":"https:\/\/pkfin.kotenterprises.dev\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pkfin.kotenterprises.dev\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pkfin.kotenterprises.dev\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}