By Abdul Ghani
The Pakistani government is set to introduce a new interoperable digital payment system for Benazir Income Support Programme (BISP) recipients by June 2026, according to documents obtained exclusively by Wealth Pakistan.
The move is aimed at helping millions of low-income families by reducing their reliance on just a few banks and offering more flexibility, better access, and transparency in receiving payments.
Pilot Program Paves the Way
Officials said the plan builds on a successful pilot program in which 4,000 beneficiaries received digital financial literacy training by January 2024. The pilot was supported by Unicef and Germany’s development agency GIZ.
The second phase will expand this training to 250,000 more beneficiaries nationwide. The sessions will cover financial planning, decision-making, hygiene, safe use of digital tools, and how to access government services.
Training materials will be available in Urdu and other local languages to ensure everyone can understand and benefit.
Shifting to Interoperable Payments
Currently, BISP transfers go through a limited number of designated banks. The new system will allow payments to be sent directly to CNIC-linked digital accounts or wallets. Beneficiaries will be able to withdraw money through commercial banks, branchless banking operators, agents, ATMs, or other authorized digital channels.
The new digital payment model will give families more ways to receive their funds. It will make the system easier to use, encourage banks and financial providers to compete, and reduce risks caused by relying on just a few banks.
Officials say the new system will be more inclusive, clear, and reliable. With more access points available, BISP recipients are expected to face fewer delays and get a better experience.
The plan also fits with Pakistan’s bigger goals of digital development, financial empowerment, and poverty reduction.
BISP’s Expanding Role in Social Support
BISP has grown beyond simple cash payments. It now supports social protection, health programs, and education initiatives. The program helps over nine million families, making it a key tool in the government’s fight against poverty.
Moving to interoperable digital payments aligns with Pakistan’s push for more financial inclusion and digitization of government services.
Experts say it could lead more people—especially women and rural households—to use digital wallets, branchless banking, and other fintech solutions. This will support long-term sustainable growth in the country.
The government has confirmed that the new system will be fully operational by June 2026. This step is seen as a major milestone in modernizing Pakistan’s social protection programs and financial services.
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