Pakistan Ranks Poorly On World ATM Index 2020 - Android

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Pakistan Ranks Poorly On World ATM Index 2020 - Android

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As per official statistics released by the World Bank (WB) on the global indicators of growth, Pakistan has 11 Automated… Read More

The post Pakistan Ranks Poorly On World ATM Index 2020 appeared first on .

As per official statistics released by the World Bank (WB) on the global indicators of growth, Pakistan has 11 Automated Teller Machines (ATMs) per 100,000 people.

Other definitive entries on the global ATM index for 2020 included South Korea (267), Israel (133), China (96), UAE (61), India (21), Bangladesh (9), and Afghanistan (2).

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According to another report published by the International Monetary Fund (IMF) on the same index, mobile money has gained traction in South Asia, which is experiencing an average annual growth rate of 52 percent in the number of mobile money transactions per 1,000 adults—the highest across all regions. The IMF report adds,

Afghanistan, Bangladesh, Indonesia, and Pakistan are a few examples of countries experiencing high mobile money growth in Asia

For reference, here’s how some other countries compare with Pakistan: