Payment System Presentation

8/14/2019 Payment System Presentation

1/22

A Brief Introduction toPayments & Payment Systems

(in Pakistan)

about.me/faisal.khan


2/22


What is a Payment System?

Any system(s) that facilitates the transfer of moneybetween a Payer and the Payee


3/22


What is the Core of aPayment System?

Its a Bank!Without a Bank, you cannot legally have aPayment System &/or Payment Network


4/22


Definition of a Payment System

A payment system consists of a set of

instruments, banking procedures and,

typically, interbank funds transfer systemsthat ensure the circulation of money

Glossary definition from the Committee on Payment and Settlement Systems (BIS - Bank of International

Settlements). See glossary at: http://www.bis.org/publ/cpss00b.pdf (March 2003)


5/22


What does it look like?


6/22


What does it look like?


7/22


What does ecosystem look like?


8/22


Extended Ecosystem


9/22


Hierarchy in Payments/Banking

CENTRAL BANK (FINANCIAL REGULATOR)

BANK BANKBANKBANK BANK

PAYMENT SERVICE PROVIDERS (ISO/MSP)

STARTUPS STARTUPS STARTUPSSTARTUPSSTARTUPS


10/22


11/22



12/22


13/22


The

Story


14/22


How Big is theE-Commerce Market

place in Pakistan?


15/22



16/22


PAKISTANDATASURVEY.ORG


17/22


Whats coming in 2014?


18/22


Some initiatives worth mentioning

Integration with Major Websites fordirect Account Debit

Micro Payment Gateways

Market Makers ISP/MSP Programs ROPO/OOPO/POPO


19/22


So if you have an idea


20/22


Fl!"#


21/22


100+ Million Mobile Phones 30+ Million Internet Users 1.2 Million Credit Card Holders

20+ Million Debit Card Holders 9+ Million Facebook Users 180+ Million Population 28+ Million Bank Account Holders*

10,000+ RTOB 6,700+ ATMs 33,000+ POS Machines 10+ % Quarterly Growth in

Internet & Mobile Banking 750 (approx.) Online Shops


22/22


Thank [email protected]
mailto:[email protected]

Payment System Presentation

Documents