Some Rs 88.1 trillion worth transaction were settled in July-Sep of FY18 compared to Rs 85.4 trillion in the previous quarter (April-June of FY17). However, during the quarter under review, transactions through Paper-Based instruments is on decline and overall some 118.8 million transactions of worth Rs 37.4 trillion were carried out using Paper-Based instruments in July-Sep of FY18. These transactions showed a quarterly decline of 0.3 percent in volume of transactions and 7.6 percent in value of transactions.
SBP reported that the share of 3rd Party Customers' transfer transactions has the highest share of 267.8 thousands or 76 percent in volume of transactions with value share Rs 5.3 trillion, up 6 percent in PRISM. While, the share of Government Securities trade transactions is 15.6 thousands or 4.5 percent in volume of transactions with value share Rs 62.9 trillion, 71 percent.
As on 30th September 2017, there were 44 banks with a total of 14,422 branches all over the country. Except 21, all bank branches in the country are providing real time online banking service. Digital (e-Banking) Channels ie RTOBs, ATM, POS, Mobile Phone Banking, Internet Banking, Call Centers/IVR Banking and eCommerce Channels processed 171.8 million transactions worth Rs 9.1 trillion during the quarter under review compared to previous quarter (April-June of FY17).
Real Time Online Banking (RTOB) processed 37.2 million transactions of worth Rs 7.5 trillion, of which online cash deposits transactions has the highest share of 47 percent with value share of 23 percent. During the quarter under review, the total number of Automated Teller Machines (ATMs) installed by 31 banks showed a quarterly growth of 2.2 to reach at 12,963. These ATMs processed 107.8 million transactions worth Rs 1.2 trillion with average size of a single ATM transaction at Rs 11,405.
There are 9 banks in Pakistan who acquired Point of Sale (POS) machines. Out of these banks, 3 banks are providing branch level cash withdrawals (providing cash through POS at branches) facility. During first quarter of FY18, some 15.2 million transactions amounting Rs 66 billion were processed at POS terminals.
There are 24 banks in Pakistan offering financial services through Internet Banking to 2.8 million registered Internet Banking users in the country end of September 2017. Internet Banking processed 6.5 million transactions worth Rs 260.5 billion during the Quarter under review.
Mobile phone/app-based banking is being offered by 18 banks/MFBs to a total of 2.7 million registered mobile phone banking users in the country. Mobile phone banking processed 4.1 million transactions amounting to Rs 73.9 billion during the quarter under review.
Due to the rapid increase of Internet and mobile phone banking in the country, the overall size of call centers/IVR banking is being reduced. During the quarter under review, 79.5 thousand transactions value Rs 2.3 million were processed by call centers/IVR banking.
With a quarterly growth of 42 percent, the number of local eCommerce merchants registered with banks reached to 812 from 571 in the last quarter. Consumers carried out 0.8 million online eCommerce transactions worth Rs 4.8 billion through these registered E-Commerce Merchants during the quarter under review. These transactions depicted a significant quarterly growth of 100 percent in volume and 50 percent in value of transactions, respectively.
End of first quarter, the number of total payment cards issued in Pakistan reached to 37.8 million, showing a quarterly growth of 3 percent and some a total of 100.1 million transactions of value Rs 1.12 trillion transactions were proceeds by 188 million cards.
Overall some 291 million transactions amounted to Rs 134.5 trillion were conducted by banking sector in July-Sep of FY18 compared to 297 million transactions worth Rs 136.26 trillion in previous quarter, depicting a decline of 2 percent in volume and 1.3 percent, respectively.