CW Pakistan
  • Legacy
    • Legacy Editorial
    • Editor’s Note
  • Academy
  • Wired
  • Cellcos
  • PayTech
  • Business
  • Ignite
  • Digital Pakistan
  • DFDI
  • PSEB
  • PASHA
  • TechAdvisor
  • GamePro
  • Partnerships
  • PCWorld
  • Macworld
  • Infoworld
  • TechHive
  • TechAdvisor
0
0
0
0
0
Subscribe
CW Pakistan
CW Pakistan CW Pakistan
  • Legacy
    • Legacy Editorial
    • Editor’s Note
  • Academy
  • Wired
  • Cellcos
  • PayTech
  • Business
  • Ignite
  • Digital Pakistan
  • DFDI
  • PSEB
  • PASHA
  • TechAdvisor
  • GamePro
  • Partnerships
  • Wired

The Daily NetXpress

  • June 20, 2014
Total
0
Shares
0
0
0
Share
Tweet
Share
Share
Share
Share

Increase in Financial Transactions of Pakistan

In first quarter of 2014, the Financial Transactions carried via internet banking has increased by 15.7%.  According to a report presented by State Bank of Pakistan, 24 banks were offering its customers with internet banking facility, 13 offered mobile phone banking and 22 banks offered IVR banking facility for payment of bills, transferring funds etc. 81.2% of the total withdrawals by ATM machines. Pakistan Real-time Interbank Settlement Mechanism (PRISM) showed an increase of 10.2%, both in volume and value share in banking transactions. Debit cards had a share of 90.6%, credit cards had 5.5% whereas, and ATMs had a share of 3.9% in the first quarter of 2014.

CCP showed gratification on decision to withdraw ICH agreementCCP stuck to its stand that ICH is an illegal and anti-competitive authority. CCP claimed that, according to Competition Rules of Pakistan, quota fixation, price fixation and elimination of competition, is illegal. It showed great satisfaction with the decision made by MoIT for withdrawal of ICH. Furthermore, CCP said that this step will facilitate competition in market and will definitely benefit consumers

Share
Tweet
Share
Share
Share
Related Topics
  • ATM
  • CCP
  • ICH
  • Internet Banking
  • PRISM
  • SBP
Previous Article
  • Business
  • CIO
  • Computerworld
  • News
  • Technology

The Daily NetXpress Wire for June 19, 2014

  • June 19, 2014
Read More
Next Article
  • Business
  • CIO
  • Computerworld
  • News
  • Technology

The Daily NetXpress Wire for June 20, 2014

  • June 20, 2014
Read More
You May Also Like
Read More
  • Wired

MediaVerse 2.0 Brings Pakistan’s Sharpest Voices To Debate Communication And Change

  • Press Desk
  • October 8, 2025
Read More
  • Wired

LUMS Appoints Global AI Leader Amir Husain To Its University Advisory Board

  • Press Desk
  • October 7, 2025
Read More
  • Wired

SUPARCO Announces Viewing Time For October Supermoon In Pakistan

  • Press Desk
  • October 7, 2025
Read More
  • Wired

Meta Rolls Out Instagram Map Feature In Pakistan For Location-Based Sharing

  • Press Desk
  • October 6, 2025
Read More
  • Wired

Supermoon 2025 To Light Up Pakistan’s Skies On October 7

  • Press Desk
  • October 6, 2025
Read More
  • Wired

Sindh May Block SIMs And CNICs Of Parents Rejecting Polio Vaccination

  • Press Desk
  • October 6, 2025
Read More
  • Wired

YouTube Deletes AI-Generated Bollywood Videos Following Reuters Investigation

  • Press Desk
  • October 5, 2025
Read More
  • Wired

Rising Inflation Pushes Rawalpindi Employees Into Part-Time Bike-Hailing And Delivery Jobs

  • Press Desk
  • October 3, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending Posts
  • Pakistan’s First Master Inventor at IBM: Muhammad Jawwad Paracha and the Power of Patents
    • October 8, 2025
  • OpenAI Launches ChatGPT App Store With Monetization Options For Developers
    • October 8, 2025
  • Neem And Leopards Courier Launch Digital Wallets For Merchants Across Pakistan
    • October 8, 2025
  • Alibaba Launches Qwen3-Max With Over One Trillion Parameters, Expands Global AI Infrastructure
    • October 8, 2025
  • Sindh IT Company Partners With Pathfinder And Women Development Department To Strengthen GBV Helpline Dashboard
    • October 8, 2025
about
CWPK Legacy
Launched in 1967 internationally, ComputerWorld is the oldest tech magazine/media property in the world. In Pakistan, ComputerWorld was launched in 1995. Initially providing news to IT executives only, once CIO Pakistan, its sister brand from the same family, was launched and took over the enterprise reporting domain in Pakistan, CWPK has emerged as a holistic technology media platform reporting everything tech in the country. It remains the oldest continuous IT publishing brand in the country and in 2025 is set to turn 30 years old, which will be its biggest benchmark and a legacy it hopes to continue for years to come. CWPK is part of the SPIN/IDG Wakhan media umbrella.
Read more
Explore Computerworld Sites Globally
  • computerworld.es
  • computerworld.com.pt
  • computerworld.com
  • cw.no
  • computerworldmexico.com.mx
  • computerwoche.de
  • computersweden.idg.se
  • computerworld.hu
Content from other IDG brands
  • PCWorld
  • Macworld
  • Infoworld
  • TechHive
  • TechAdvisor
CW Pakistan CW Pakistan
  • CWPK
  • CXO
  • DEMO
  • WALLET

CW Media & all its sub-brands are copyrighted to SPIN-IDG Wakhan Media Inc., the publishing arm of NCC-RP Group. This site is designed by Crunch Collective. ©️1995-2025. Read Privacy Policy.

Input your search keywords and press Enter.