Government Orders Province-Wide Shift to QR Codes and Raast
The Punjab government has announced mandatory digital payments for businesses across the province. The move targets traders, retailers, and petrol pumps.
Authorities have directed all deputy commissioners to ensure strict implementation at the district level. The policy signals a strong push toward a cashless economy.
Under the new directive, businesses must display QR codes for customer payments. Transactions will increasingly be processed through digital platforms instead of cash.
The system will integrate QR code payments and Raast. Raast is Pakistan’s instant digital payment system. It allows secure and real-time money transfers.
Officials say the decision will modernize financial transactions. The government wants to reduce reliance on physical cash. The aim is to improve documentation and tax transparency.
District administrations have been instructed to monitor compliance. Businesses failing to implement digital systems may face administrative action.
Petrol Pumps Face Immediate Compliance Requirements
Special focus has been placed on petrol pumps across Punjab. Authorities have ordered immediate implementation of digital payment options at fuel stations.
Petrol pumps must provide QR code-based payments. They must also offer mobile wallet and digital banking options.
Customers should be able to pay through smartphones. This includes scanning QR codes at counters. The system is expected to speed up transactions and reduce cash handling risks.
The directive also links petrol pump licensing to digital compliance. New licenses will require proof of online booking systems and digital payment capabilities.
Existing petrol pumps are expected to upgrade their infrastructure. Owners must ensure seamless digital transaction facilities for customers.
Officials believe fuel stations handle high daily cash volumes. Digital payments at petrol pumps will enhance financial accountability.
Push for Transparency and Public Convenience
The Punjab government says the policy will promote transparency in financial dealings. Digital records will help track transactions more efficiently.
Authorities argue that a cashless system reduces corruption risks. It also improves tax documentation and revenue monitoring.
Consumers are expected to benefit from faster and safer payments. Digital transactions reduce the need to carry cash. They also minimize errors in change handling.
The initiative reflects Pakistan’s broader digital transformation goals. Financial experts say QR code adoption can strengthen the formal economy.
Businesses across Punjab are now preparing for compliance. Traders and retailers are being encouraged to adopt digital tools quickly.
The transition to digital payments marks a significant economic reform in the province. Officials say it is a step toward modern financial governance.
The coming weeks will determine how smoothly businesses adapt. Enforcement at the district level will play a key role in success.
