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Pakistan rated among fastest growing markets in mobile banking

RayKalm

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Pakistan rated among fastest growing markets in mobile banking

Pakistan rated among fastest growing markets in mobile banking – The Express Tribune

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KARACHI:

The disparity between the banked and unbanked segments of the country as well as recent growth in branchless banking sector remained the highlights of the International Mobile Commerce Conference held on Thursday.

Only 22% of the country’s population owns bank accounts, while more than 60% Pakistanis have access to mobile phones, according to experts who believe that the unbanked or under-banked segments of Pakistan offer huge opportunity to expand mobile and branchless banking.
 
Good news! Now these days, even a beggar has a cell phone! True story!
 
In india u might not be able to find a Rs. 10 note in a beggars hand but certainly u will find a cellphone in his/her hands . Ironic !!
 

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