Policy · 2h ago
BISP Beneficiaries to Pay Digital Wallet Fees, SBP Confirms
The State Bank of Pakistan told a National Assembly panel that beneficiaries of the BISP digital wallet will bear interoperability charges. The policy shifts transaction costs to low-income recipients, potentially reducing their net benefits. No specific fee amounts or implementation timeline were disclosed.
Meridian48 take
While digital payments can improve efficiency, passing costs to the poorest users risks undermining the program's poverty-alleviation goals.
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BISP Digital Wallet Charges To Be Borne By Beneficiaries: SBP →
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