News

ATM use rising in Pakistan

May 30, 2012

The State Bank of Pakistan released its Payment Systems Quarterly Review for the 3rd Quarter of fiscal year 2012 on Tuesday. The report showed a marked rise in the number of ATM and electronic transactions.

A report by The News Tribe revealed a number of interesting trends in Pakistan. Among them:

• The total numbers of ATMs in the country stands at 5,612.
• Year-over-year, the number of ATMs in Pakistan increased by 13 percent, with 203 terminals added in the banking industry overall.
• Year-over-year, total ATM transactions increased 5.6 percent; transaction value increased by 8.6 percent.
• The average value per ATM transaction is Rs9,828 ($105).
• The share of all e-banking transactions that are ATM transactions: approximately 60 percent by volume; 6 percent by value.
• From Q2 to Q3, the number of plastic cards in circulation increased by 9.47 percent to a total of 16.7 million active cards.

For more on this topic, visit the trends/statistics research center.