Islamabad set to become Pakistan’s first fully cashless city
Islamabad is set to become Pakistan’s first fully cashless city under a new government initiative. Through this plan, authorities aim to replace cash transactions with digital payment options. Moreover, the initiative will cover street vendors, small shops and major business centres. The government has set December 31 as the deadline for including all merchants. Consequently, […]
The government has announced its ambition to transform Islamabad into Pakistan's first fully cashless city by the end of the year. This ambitious project, known as Cashless Capital, was officially endorsed at a significant meeting chaired by State Minister for Interior Tallal Chaudry in Islamabad. Chaudhry emphasized the importance of stakeholder consultation for the project's success.
As per the decision, no cash transactions will be accepted from December 30 in all departments of the Islamabad Capital Territory administration and the Capital Development Authority. The target is to integrate all merchants in the city into the cashless system by the same deadline. Currently, 26,000 merchants in Islamabad have already been connected to the digital payments system.
The state minister assured that digital payment facilities will be available at every level, from street vendors to major business centers. Representatives from the banking sector praised the initiative and pledged their full cooperation. The Prime Minister has repeatedly stressed the importance of implementing digital transaction systems nationwide, highlighting the need for financial transparency and economic clarity.
The government's digitization efforts are already showing promising results, with most federal and provincial institutions rapidly moving towards 100% digital payments by December 2026.
Written by urgent.news from Dawn's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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