STAFF REPORT IBD: Financial experts, while addressing a dissemination event, have stressed upon the need for a national policy to move technology based payments forward.


The event, facilitated by the Pakistan Microfinance Network, has recently been hosted by the World Bank on the scope of technology based payments and their financial inclusion and literacy outcomes for the financial sector in Pakistan.


In his remarks, Nadra Chairman Tariq Malik said that NADRA envisions building the capacity of the institutions involved with G2P payments through use of biometrics. The State capacity is completely unthinkable without the ability to count citizens and mapping them, so biometrics is a great opportunity for greater governance, he said.


A recent beneficiary assessment conducted under the RSR Trust Fund activities were cited, which illustrated extraordinary growth in access to financial services by the ultra-poor, especially women.


The PMN representative, in his remarks, stressed the need for forming a national level platform and policy to move technology based payments forward; donors and multilateral institutions should consider developing technical assistance programmes for the provincial departments.

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