TRANSFER OF FUNDS TO ELIGIBLE PERSONS BY THE BISP THROUGH THE MICRO PAYMENT GATEWAY (MPG) OF THE STATE BANK OF PAKISTAN KNOWN AS RAAST: CHALLENGES TO AND SOLUTIONS FOR THE TRANSITION
This book explores the challenges and solutions for the Benazir Income Support Programme's (BISP) transition to using the State Bank of Pakistan's Raast micro payment gateway for fund transfers to eligible persons. It details the hurdles in this digital shift and offers strategies to ensure smooth implementation, promoting financial inclusion and efficiency in social welfare delivery.
About This Book
The book addresses the transfer of funds to eligible persons by the Benazir Income Support Programme (BISP) through the micro payment gateway (MPG) of the State Bank of Pakistan, known as Raast.
It focuses on the challenges encountered during this transition and proposes practical solutions to overcome them.
The analysis highlights the role of digital payment systems in improving efficiency and accessibility for social welfare distributions.
Key aspects include the integration of Raast for seamless fund transfers and the implications for eligible beneficiaries.
The work provides insights into policy implementation in developing economies, emphasizing technological adoption in public finance.
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