Govt Announces 100% Digital Payments
Prime Minister Shehbaz Sharif has ordered a clear roadmap with time-bound targets for a 100 percent digital payments system throughout Pakistan, saying a cashless economy is among the government's top priorities.
Prime Minister Shehbaz Sharif has ordered a clear roadmap with time-bound targets for a 100 percent digital payments system throughout Pakistan, saying a cashless economy is among the government's top priorities.
Article outline
- What happened
- What comes next
- The details
- The bottom line
Key points
- Most federal and provincial administration payments are set to be fully digitised by December 2026.
- He offered the directions on Friday while chairing a high-level gathering in Islamabad on promoting a cashless economy, according to the Prime Minister's Office.
- Cheque payments under Asaan Assignment Accounts end on November 15.
- Shehbaz remarked the Raast QR code payment system is already helping the cashless drive and must continue under administration patronage.
- Authorities must fix difficulties faced by digital payment users immediately and ensure internet access and straightforward technology for the public nationwide.
He offered the directions on Friday while chairing a high-level gathering in Islamabad on promoting a cashless economy, according to the Prime Minister's Office. Businesses Must Now Matter Invoices for Advance Payments. What the PM Ordered.
Shehbaz remarked the Raast QR code payment system is already helping the cashless drive and must continue under administration patronage. He additionally ordered a media campaign so electricity and gas consumers pay through QR codes printed on utility bills. This additionally builds on earlier aims to put QR codes on all utility bills.
All ministries and administration institutions were informed to fully implement the cashless economy plan. Key Deadlines Already Set.
Most federal and provincial administration payments are set to be fully digitised by December 2026. Benazir Income Backing Programme payments are already 100% through digital wallets.
Cheque payments under Asaan Assignment Accounts end on November 15. From November 16, those payments will move to the Raast digital system nationwide, with drawing and disbursing officers already trained.
While nationwide internet infrastructure is being expanded, work is additionally underway on a digital payment system for areas without internet. Stay Connected with ProPakistani.
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