Abstract:
In recent years, the trend of electronic banking has successfully progressed and upgraded business and transactions all over the world. All of thechange is in line with Information Technology (IT). Today banks are working in a competitiveenvironment independently and with globalizing trends due to information technology innovations inthebankingsector. Ifind out the evolution of e-banking in Pakistan. E-banking is not new for us, E-banking service is available 24x7 and our monetary transactions become easy, convenient, and in timely. Our country is fully aware of its benefits; this is the reason that SBP has promoted it in Pakistan.The objective of this study is to measure the progress of e-banking in Pakistan from2006 to 2017. The progress of electronic banking in Pakistani banking industry is measured through various parameters such as IT facilities,ATMs, Transactions volume, etc.Highest users of e-banking are 42% users in Islamic banks.This study is based on secondary data and is analytical in nature. The methodologyincludedsimple growth rate like total quantities of plastic card, transactions,thevalueof transactions, ATMs, Real-Time Online Branches(RTOBs)and Point of Sales (POS)ATMs, RTOBs etc. by using statistical and mathematical measures. The study highlights the progress of electronic banking in Pakistan in both banking systems after adopting ofinformation technology.
