Telecom Operators Advocate for Policy Changes to Promote Cashless Economy

Sunday, 28 July 2024, 03:01

The chief of the telecom operators' body has emphasized the need for integrating smartphones, SIM cards, digital wallets, and bank accounts with the National Database and Registration Authority (NADRA). This initiative aims to ensure *universal access* to cashless transactions across the region. By making these technological enhancements, the telecom industry seeks to align with *regional advancements* in digital finance. In conclusion, adopting such measures could significantly bolster the push towards a *cashless economy*.
Dawn
Telecom Operators Advocate for Policy Changes to Promote Cashless Economy

Policy Changes Needed for Cashless Transactions

The telecom operators' body is advocating for several key integrations to promote a cashless economy. It has been suggested that:

  • Smartphones and SIM cards should be integrated with digital wallets.
  • Bank accounts need to be connected with NADRA for better access.
  • This will ensure that all citizens have access to cashless services.

Conclusion

These policy changes could provide a framework for a more inclusive financial environment in the region.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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