KARACHI May 23 (EPI):\u00a0The State Bank of Pakistan (SBP), in collaboration with 22 leading commercial banks, is launching a nationwide campaign to promote the digitalization of payments in cattle markets. Running from 15th May to 6th June 2025.<\/p>\n
The campaign aims to encourage buyers and sellers to use digital payment methods for purchasing sacrificial animals and availing related services such as food, water, and parking.<\/p>\n
This initiative is part of SBP\u2019s broader strategic goal to expand digital payments across the country. Building on the success of last year\u2019s campaign\u2014where over 4,000 merchants were on boarded and more than 13,000 digital transactions worth Rs. 560 million were recorded.<\/p>\n
The 2025 campaign will cover 54 major cattle markets in 21 districts. The target for this year is to reach 100,000 digital transactions during the campaign period. The response from the public and merchants has been overwhelmingly positive, reinforcing the demand for cashless solutions even in traditional market settings.<\/p>\n
Throughout the campaign, the transaction limits have been enhanced to facilitate high-value purchases. On-ground support teams and digital channels will be used to create awareness, onboard merchants, and assist customers in adopting QR codes, mobile wallets, and banking apps.<\/p>\n
Media outlets are encouraged to support the \u201cGo Cashless in Cattle Markets\u201d campaign by spreading awareness about the convenience, security, and modernity of digital payments. Stories highlighting merchant experiences, customer feedback, and transaction trends will help amplify the campaign\u2019s reach and impact.<\/p>\n","protected":false},"excerpt":{"rendered":"