ISLAMABAD:
The government has decided to launch a digital rewards platform of the National Database and Registration Authority (NADRA), called the National Digital Wallet, to promote cashless economy in Pakistan.
Under the proposed plan, 1% of electricity, gas and fuel bills may be linked to the digital rewards. According to sources, the Ministry of Information Technology has made these recommendations to the government.
The plan will be implemented in line with the guidelines to be developed in consultation with all stakeholders.
After getting a nod from the relevant stakeholders, the IT ministry will submit a summary to the Economic Coordination Committee (ECC) and the cabinet for formal approval.
According to the ministry’s recommendations, NADRA will partner with an Electronic Money Institution (EMI) for launching the National Digital Wallet.
The ministry will issue policy…
