Retail Payment Systems
In the OIC Member Countries
41
Oman 48.00 70.22 159.00 157.75 .. .. .. ..
Pakistan 9.00 13.80 61.81 73.33 4.73 0.13 2.94 8.71
Qatar 69.00 91.49 120.48 145.76 51.82 .. .. ..
Saudi Arabia 47.50 63.70 194.51 179.56 60.70 11.53 63.62 69.41
Senegal 9.80 17.70 70.16 98.84 4.57 1.08 5.87 11.92
Sierra Leone 0.90 2.10 36.43 76.66 0.41 0.65 5.19 14.15
Somalia 1.25 1.63 18.17 50.90 .. 0.59 2.36 7.86
Sudan 17.30 24.64 68.78 72.20 3.51 0.40 10.34 15.27
Suriname 32.00 40.08 100.71 170.57 36.84 .. .. ..
Syrian Arab
Republic 22.50 28.09 59.24 70.95 7.40 .. .. ..
Tajikistan 13.03 17.49 80.92 95.13 6.64 0.75 4.16 11.46
Togo 3.50 5.70 41.64 68.97 3.20 0.52 2.27 17.61
Tunisia 39.10 46.16 115.20 128.49 21.72 6.83 12.25 27.26
Turkey 43.07 51.04 89.41 94.79 58.84 32.82 43.25 56.51
Turkmenistan 5.00 12.20 103.79 135.78 .. 0.00 1.24 1.79
Uganda 13.01 17.71 47.50 52.43 3.68 1.65 17.82 27.78
United Arab
Emirates 78.00 90.40 131.40 178.06 54.35 37.42 76.90 83.20
Uzbekistan 30.20 43.55 90.37 73.79 4.36 1.40 24.63 40.71
West Bank and
Gaza 41.08 53.67 70.12 72.08 16.42 .. .. ..
Yemen, Rep. 14.91 22.55 50.07 68.49 3.67 0.37 1.86 6.45
Source: World Development Indicators (Last Updated: 07/28/2015)
While we can gain some understanding of the scale of retail payment systems overall in the
OIC, it is difficult to make accurate comparisons since some data are not available for certain
items/countries/years. Neverthless, we can note certain commonalities and a few key
differences. We shall see in the case studies in chapter 4 that the interrelationships and
dynamics of key institutions create specific conditions that allows us to explain the character
and trends of payment systems with greater confidence.
First and foremost, almost all countries have their own networks of ATMs installed. This gives
an indication that electronic retail payments in that form are available in all those countries.
However, we lack information regarding the kinds of operator/switch systems used. We
cannot yet compare, for example whether they are inter-operable or whethre the transactions
are processed in real time. The highest proportion of ATM users are in Brunei Darussalam
(78.96), Kazakhstan (65.45), Saudi Arabia (60.70), and Turkey (58.84). The lowest are in
Sierra Leone (0.41), Chad (0.48), and Afghanistan (0.64).
With regard to card payments, it appears that debit cards in general tend to be more popular
than credit cards. The highest rate of debit cards use is in the United Arab Emirates (76.90),