Online transactions through banks, microfinance banks, and EMIs clocked in at 561m for Q1-FY24 as against 141.3m done over the counter.
Updated11 Jan, 202404:02pm
Meezan leads in mobile and internet banking with over a quarter of the industry’s total transactions in the first half of 2023.
Published20 Nov, 202307:50am
According to the World Bank’s Findex, only 3.6pc of Pakistanis report borrowing from a financial institution or mobile money
Published11 Sep, 202307:02am
Numbers indicate that for females, for every Rs100 spent through a payment card, Rs12.7 is paid via point of sales and Rs4.4...
Published04 Sep, 202308:31am
Earlier in March, the State Bank reported that over $8.93m was remitted out of Pakistan in the last two years through video chat apps.
Published28 Aug, 202308:32am
Predatory practices by instant lending apps raise alarming questions about users' exploitation and the need for tighter regulations in Pakistan.
Updated16 Aug, 202302:54pm
Share of outstanding loans at interest rates of 25pc or more reached 77pc of the total by December, much higher than the earlier 51pc in June 2022.
Updated31 Jul, 202312:01pm
High net worth individuals and micro funds who had turned towards cheaper developing countries have hit the venture capital brakes.
Updated10 Jul, 202309:50am
