The Islamic Republic of Pakistan is a sovereign country in South Asia. it is the sixth most populous country in the world. It is located at the crossroads of the strategically important regions of South Asia, Central Asia and Western Asia. Link to external site : Website for Pakistan |  |
| Wallets | |
| Development | Secondary Emerging |
| Send or Receive |
Receive Register/Log In |
| GDP ($m) |
142,893.43 Register/Log In |
| HDI classification | Medium |
| Mobile Connections (m) |
117.748 Upgrade to Bronze |
| Currency | PKR |
| Class | |
| CountryISO | PK |
| Sovereignity | Country |
| Territory of | - NA - |
{"type":"GeoChart","data":[["Country","Population(m)","Rank"],["PK",180,7]],"options":{"title":"Countries","region":"PK","displayMode":"regions","colorAxis":{"minValue":0,"maxValue":1500,"colors":["yellow","green","red"]}}}
{"type":"PieChart","data":[["Operator","Connections"],["Mobilink (Vimpelcom)",34496807],["Telenor",28026348],["Ufone from Pak Telecom Mobile Limited (PTML) a subsidiary of PTCL",21339440],["Warid Telecom",19444398],["Zong (China Mobile)",14021368],["Rest ( 1 )",420021]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",388522],["Q4 2001",1078116],["Q4 2002",1965412],["Q4 2003",3515407],["Q4 2004",6992692],["Q4 2005",21183680],["Q4 2006",48418256],["Q4 2007",76883011],["Q4 2008",89907198],["Q4 2009",97578867],["Q4 2010",103665519],["Q4 2011",112089792],["Q4 2012",119545220],["Q4 2013",126116245],["Q4 2014",131892853]],"options":{"title":"Connections"}}
| Channel Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["ATM",2],["Agent",5],["Branch",1],["IVR",1],["Kiosk",1],["Location",4],["Mobile",14],["POS",2],["Web",7]],"options":{"title":"Initiatives ( 19 of 19 )"}} |
| COT Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["",1],["Bank",14],["MNO",4],["MTO",1],["Network",1],["PSP",1],["PostOffice",1],["Scheme",1]],"options":{"title":"Initiatives ( 19 of 19 )"}} |
| Persona Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["BB",9],["BP",1],["DN",2],["LP",1],["MB",2],["MT",2],["OB",1],["PC",1]],"options":{"title":"Initiatives ( 19 of 19 )"}} |
| Products |
{"type":"ColumnChart","data":[["Category","Initiatives"],["AT",5],["BB",7],["BP",9],["CICO",3],["Card",2],["DAT",1],["DMT",9],["EARN",2],["G2P",1],["IMT",3],["Insurance",1],["LP",2],["MB",5],["MFI",2],["MP",8],["OB",3],["OP",2],["PC",1],["Saving",1]],"options":{"title":"Initiatives ( 19 of 19 )"}} |
| PI Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Account",11],["Card",4],["Cash",16],["PC",1],["Wallet",5]],"options":{"title":"Initiatives ( 19 of 19 )"}} |
| Central Bank | |
| Key Regulations |
March 2008 Branchless Banking Regs (BBR) Upgrade to Bronze |
| Type of law |
Common Upgrade to Bronze |
| Legal System |
Common law system with Islamic law influence Upgrade to Bronze |
| Law is based on |
Based on English common law with some provisions of Islamic law Upgrade to Bronze |
| Approach |
Ex Ante Upgrade to Bronze |
| Sectors active in Digital Money | |
| Exclusivity | |
| Certainty |
Medium Upgrade to Bronze |
| Openness |
Medium Upgrade to Bronze |
| Proportionate? | |
| Allowed Models |
Jointly Led Upgrade to Bronze |
| DominantModel |
Jointly Led Upgrade to Bronze |
| E-Money |
Payment Systems and Electronic Fund Transfers Act 2007 defines & provides for non-bank Upgrade to Bronze |
| Payment |
Non banks do not belong to the major ATMs Upgrade to Bronze |
| Agent |
First country with BB rules in S Asia Upgrade to Bronze |
| Money Transfer |
Through bank only. Retailers/Telcos try to establish their own microfinance banks Upgrade to Bronze |
| Taxation |
VAT and excise 26% - if applied to stored value unaffordable Upgrade to Bronze |
{"type":"Gauge","data":[["Label","Value"],["Mobile Penetration",54.24],["Banked",12],["Internet",11],["Urban",36],["Adult",64],["Literate",49.9]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 180.00 |
| Adult % | 64.00 |
| Migrants % |
2.00 Register/Log In |
| Stock Immigrants ('000) |
4,233.60 Upgrade to Bronze |
| Emigration Rate % | |
| Internal Migrants ('000) | |
| Internal Migration Rate % | |
| Intl Movement Rate % | |
| Urban % | 36.00 |
| Female % | 44.80 |
| Literate % | 49.90 |
| Annual Growth % |
-1.30 Upgrade to Bronze |
| Mobile Penetration % | 54.24 |
| Banked % | 12.00 |
| Access to FS % | 12.00 |
| Internet % | 11.00 |
| Branches per 100k adults | 9.48 |
| ATMs per 100k adults | 3.39 |
| POS per 100k adults | 47.06 |
| Prepaid % | 98.50 |
| Prepaid SIM Registration | |
| MobileUnbanked (m) | 77.51 |
| Monthly ARPU | |
| Cards 2010 ('000) | |
| Propensity % |
| Overall | |
| Population | |
| On Remittance Sent | |
| On Remittance Received | |
| Mobile Unbanked | |
| Migrant % | |
| MP % | |
| Banked % | |
| Development |
| Can Provide Payments? |
Conditional Upgrade to Bronze |
| Can Market under Brand? | |
| Can issue E-Money? | |
| Can Open Customer Account? | |
| Can Own Customer? | |
| Can do Cash In/Cash Out? | |
| Can offer Domestic Money Transfer? | |
| Can offer International Money Transfer? |
| Importance for Digital Money | |
| Digital Money Adoption |
Rapid Growth Upgrade to Bronze |
| Registered Wallet Users |
310,000 Upgrade to Bronze |
| Top Wallets |
Easy Paisa, UBL Omni Upgrade to Bronze |
| Informal Market | |
| Cost To Remit | |
| Key Players |
A number of banks, microfinance institutions and mobile operators are developing initiatives in the region. Upgrade to Bronze |