Pakistan Cards and Payments Industry Market 2017 - Opportunity, Driving Trends and deep study 2021

Synopsis 

'The Cards and Payments Industry in Pakistan: Emerging Trends and Opportunities to 2020' report provides top-level market analysis, information and insights into Pakistan's cards and payments industry, including:

Current and forecast values for each market in the Pakistani cards and payments industry, including debit and pay later cards.
Detailed insights into payment instruments including cash, direct debits, checks and payment cards. It also includes an overview of the country's key alternative payment instruments.
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Report Highlights

A low rate of financial inclusion remains the main challenge for the wider adoption of cards in Pakistan. According to the World Bank, the number of adults in Pakistan with no access to formal financial services crossed 100 million in 2015 – accounting for 5% of the world’s unbanked population. The percentage of the population aged 15 or above with a bank account was 8.7% in 2014 – according to the World Bank’s Global Findex survey. To improve financial inclusion, the government launched the National Financial Inclusion Strategy (NFIS) in May 2015, which aims to expand financial access to at least 50% of the adult population by 2020. Pakistan has also received support from the World Bank Group in form of its Country Partnership Strategy (2015–2019), which offers reforms to improve financial inclusion. Improvements in financial inclusion will provide access to financial services such as current and savings accounts, and debit cards.
Table of Contents 

Table of Contents 
1 Definitions and Methodology 
    1.1 Definitions 
    1.2 Methodology 
2 Key Facts and Events 
3 Executive Summary 
4 Payment Instruments 
    4.1 Current Payment Environment 
5 E-Commerce and Alternative Payments 
    5.1 E-Commerce Market Analysis 
    5.2 Alternative Payment Solutions 
      5.2.1 Easypay 
      5.2.2 Straight2bank 
      5.2.3 MCB Lite 
      5.2.4 Centili 
      5.2.5 Fortumo 
      5.2.6 HBL Express – Mobile Wallet 
6 Regulations in the Cards and Payments Industry 
    6.1 Regulatory Framework 
    6.2 Anti-Money Laundering (AML) 
    6.3 Foreign Direct Investment (FDI) Regulations  

 .Continued

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