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Payze

Pakistan's Financial System Overview

Payze

Payze

The project implied market research on the financial system and prevalent payment methods in Pakistan in terms of the expansion process of Payze. Payze innovates financial transactions, offering straightforward and effortless online payments. The company provides various technical solutions that allow businesses to manage payment processes in the blink of an eye. Payze is currently helping businesses in Georgia and Uzbekistan accept payments from around the world. Within the framework of the project, our team prepared a summary of Pakistan's banking sector and payment systems, including an overview of authorized Payment System Operators (PSOs) and Payment Service Providers (PSPs).
Market research provided a detailed analysis of various payment methods, such as payment cards, mobile payments, QR code payments, and person-to-person payments. Aside from the official data, our team gathered information from various credible sources to estimate the country's risks, understand its level of digitalization, and evaluate its prospects.
Special attention was given to estimating and analyzing the penetration level of various payment methods among the population. The estimations included the mobile wallet market size and its development projections, along with the transaction value of mobile payments and its forecast. The report also included the profiles of two major mobile payment providers.
The market research also covered a brief overview of Pakistan, the alternative finance market in the country, and the latest trends in Fintech.

Services

Industry Analysis

Date

2022

Project Url

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