A. 50%
B. 75%
C. 90%
D. 100%
Explanation:
– The Prime Minister called for a clear roadmap with time-bound targets for a fully digital payment system.
– The government plans to expand the use of Raast QR codes for payments between customers and merchants.
– Electricity and gas consumers will be encouraged to pay bills using QR codes.
– The government was aiming to digitise payments in most federal and provincial institutions by December 2026.
– Cheque-based payments through Asaan Assignment Accounts were scheduled to be replaced by Raast payments from November 15, 2026.
– The report said 100% of Benazir Income Support Programme payments were already being made through digital wallets.
Related one-line questions and answers
- What is Raast? — Pakistan’s instant digital payment system.
- Which institution operates Raast? — State Bank of Pakistan.
- What does QR stand for? — Quick Response.
- What does BISP stand for? — Benazir Income Support Programme.
- What is a cashless economy? — An economy in which digital payments replace much of the use of physical cash.