It has been decided to make the federal capital the first completely cashless city of the country.
A meeting was held under the chairmanship of Minister of State for Interior Talal Chaudhry, regarding Cashless Islamabad, in which the Chairman CDA, representatives of the banking sector and other officials participated.
In the meeting, the representatives of the banking sector assured their cooperation for the success of the Cashless Islamabad project.
On this occasion, Talal Chaudhry said that consultation and suggestions of all stakeholders are important for the success of the Cashless Islamabad project, and on the instructions of the Prime Minister and the Interior Minister, the Cashless Islamabad project is being implemented rapidly.
He said that after November 30, no cash payments will be made in any department of ICT and CDA, the target is to include all merchants of Islamabad in the cashless system by December 31.
Talal Chaudhry said that the cashless system will improve financial transparency, tax monitoring and transaction systems. 26,000 merchants in Islamabad are already connected to the digital payments system. Digital payments will be provided from street vendors to large business centers.