SBP goes ‘cashless’ for cattle markets

Published
0

KARACHI: The State Bank of Pakistan has initiated a nationwide “Go Cashless” campaign to promote digital payments and reduce reliance on cash transactions within cattle markets during the upcoming Eidul Azha.

This strategic initiative was officially laun­ched on Monday in line with SBP’s goal of fostering digital financial incl­usion throughout Pak­i­­s­tan. It will run until June 6, or on the eve of Eid.

In partnership with the banking industry, the ca­­mpaign aims to streamli­­ne the sale and purchase of sacrificial animals nat­ionwide in 54 designated cattle markets.

Following the success of last year’s digitalisation efforts, this year’s campaign seeks to expand digital adoption among market participants further.

Published in Dawn, May 20th, 2025

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Fixing bond markets
Updated 01 Oct, 2026

Fixing bond markets

Pension funds, insurance companies, mutual funds, retail investors, and eventually, foreign investors must become bigger participants in the market.
Call centre rackets
01 Oct, 2026

Call centre rackets

A NUMBER of recent raids conducted by the authorities in different cities point to the growing threat fraudulent ...
Homeward bound
01 Oct, 2026

Homeward bound

FIVE months after Somali pirates captured an oil tanker carrying a 19-member multinational crew, Somali maritime...
Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...