Digital transactions record robust growth

KARACHI: The digital financial transactions in the country showed a robust growth during the fiscal year 2020-21, replacing the conventional banking transactions faster than expectations of the banking industry. According to the State Bank’s latest Annual Payment Systems Review (PSR) for FY21 issued on Friday, the transactions processed through the SBP’s large-value payments segment, known as Real-time Inter-Bank Settlement Mechanism (PRISM), recorded a growth of … Continue reading Digital transactions record robust growth