Digital payment system soon to be Launched in Pakistan.
Shoaib Ahmed Siddiqui, the Federal Secretary of Information Technology and Telecommunications, recently announced that Pakistan will soon launch a world-class Digital payment system.
Balochistan’s growth, according to the government official, is similar to Pakistan’s development. As a result, steps are being taken in the province to encourage research and creative activities. Furthermore, initiatives for network coverage in the province have been initiated through the Universal Service Fund.
As a result, the government is concentrating on developing the IT and telecommunications industries, which is the prime explanation for the IT industry’s tax exemption until 2025. Government officials agree that a modern digital tool for ensuring safe payment has become a top priority.
At the moment, nothing is known about when this platform will be properly launched or about its detailed information.
Shoaib Ahmed Siddiqui, the Federal Secretary of Information Technology and Telecommunications mentioned that discussions are currently taking place to reduce the uncertainty between the government and social media platforms, as well as to open offices in Pakistan. Mr. Asim Shehryar Hussain, CEO Ignite, Shabahat Ali Shah, CEO National IT Board, Arshad Bhatti, Rector Virtual University, Haris Mehmood Chaudhry CEO Universal Service Fund, Usman Nasir MD Pakistan Software Export Board, were also present.