Electronic transfers

Digital payment system launched by NADRA to replace ATMs

Thanks to a recent breakthrough, automatic teller machines (ATMs) could be permanently replaced. A digital payment system that was launched by the National Database and Registration Authority (NADRA) can be the solution to all your electronic payment and cash needs.

Thanks to a recent breakthrough, automatic teller machines (ATMs) could be permanently replaced. A new electronic payment system that has been launched by the National Database and Registration Authority (NADRA) can be the solution to all your electronic payment and cash needs. Digital payment system, This achievement is the result of NADRA’s collaboration with 1Link, the largest and most accredited payment gateway system in Pakistan. The two organizations have joined forces to develop and manage an electronic payment system that will extend the already successful e-Sahulat brand owned by NADRA. Through this collaboration, NADRA will transform more than 17,000 e-Sahulat locations into full-service ATMs that also offer a full selection of electronic payment options. In addition to performing fund transfers, cash inflows and outflows, public-to-government (P2G), government-to-public (G2P) and public-to-public (P2P) payments, these points of sale will also be able to handle other financial transactions.

NADRA President Tariq Malik and 1Link CEO Najeeb Agrawal signed the contract Monday at the organization’s headquarters. In response to this development, Malik said NADRA is working to improve e-governance by empowering public and commercial sector organizations through its digital services. He claimed that one of Pakistan’s most advanced digital services for financial payments is NADRA’s e-Sahulat facility. A digital payment system, this would also enable financial inclusion. Thanks to this cooperation, more than 17,000 e-Sahulat locations operated by NADRA will be able to quadruple the capacity of more than 16,500 1Link ATMs nationwide. As already mentioned, this will simplify depositing and withdrawing money for consumers. According to Malik, the digital platform will also soon be accessible in rural areas of Pakistan, allowing students to continue their studies while earning money to cover their tuition fees.

Source: This news was originally published by bolnews