Page 42 - Payment System Review -Q2 FY24

Acronyms

ADC Alternate Delivery Channel

ATM Auto Teller Machine
BB Branchless Banking
DFI Development Finance Institution
CCDM Cash and Cheque Deposit Machine

CDM Cash Deposits Machine
CNP Card Not Present
IVR Interactive Voice Response
MFB Microfinance Bank

OTC Over the Counter
POS Point-of-Sale
PRISM Pakistan Real-time Interbank Settlement Mechanism
PSP&OD Payment Systems Policy and Oversight Department

RTGS Real-Time Gross Settlement System
RTOB Real-Time Online Branches
EMI Electronic Money Institutions
PSOs Payment System Operators

PSPs Payment Service Providers

Disclaimer

The statistics and analysis are based on the data received from Commercial Banks, Microfinance Banks,
PSOs & PSPs and EMIs. Please note that the publication does not include transactional data pertaining

to Branchless Banking. Although a great deal of care has been taken to ensure the publication of correct
information and data, however, SBP disclaims responsibility for errors and omissions. This Review is

being published for the purpose of information and review of stakeholders. The difference may exist
due to the reason that the data of ATMs and POS is based on reporting of the acquiring banks, whereas

Card-wise data of the same channels is based on the reporting of the card-issuing banks. 'P' is used for
Provisional. There may be minor differences due to rounding-off of numbers and in some places use of

full figures in percentage shares and growth rates.

For queries, comments, and feedback on this publication, please e-mail at

[email protected]

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