Khyber Pakhtunkhwa Moves Towards a Cashless Economy
PESHAWAR – Khyber Pakhtunkhwa Chief Minister Ali Amin Khan Gandapur has directed the Chief Secretary to ensure the swift implementation of the “Cashless Khyber Pakhtunkhwa” initiative.
Under this initiative, digital payments will become mandatory for all businesses, aiming to:
Read More: Pakistan Set to Launch First Digital Currency soon
- Enhance financial transparency
- Reduce cash dependency
- Modernize the business environment
- Boost economic growth and tax compliance
- Attract fintech investments
The transition to a cashless economy is also expected to curb corruption and financial irregularities, positioning Khyber Pakhtunkhwa as Pakistan’s first cashless province.
With this move, KP officially enters the race for modern digital payment systems, aligning with global financial trends.
