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What is Cashless Economy Islamabad 15-01-2025 about?

This paper analyzes the shift towards a cashless economy in Islamabad, Pakistan, highlighting the growth of digital financial infrastructure and the adoption of instant payment systems like Raast. It predicts that by 2030, digital transactions could reach 99% under a reform-intensive scenario, although challenges remain for cash-reliant users. The findings suggest that policy interventions are crucial for enhancing adoption rates and addressing existing frictions in the transition to digital payments.

Author

famasheikh.02

Language

EN