The government is drafting a comprehensive legal package to amend existing laws and empower local governments and provincial authorities to enforce the availability of digital payment solutions at business and retail outlets as part of its push towards a cashless economy.

According to sources in the Ministry of Finance, the draft legal package is being developed to amend the Payment Systems and Electronic Fund Transfers Act, 2007, to make it mandatory for all businesses to offer at least one digital mode of payment – including QR code facilities. The proposed amendments will also authorise local governments to ensure compliance and enforcement.

The bylaws and regulations of the Capital Development Authority (CDA) and Islamabad Capital Territory (ICT) are also being revised to mandate and

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