In recent years, digital money and payment systems have become the significant tools for improving the tracking of economic transactions and documentation of the economy throughout the world.
Pakistan, like numerous other nations, is gradually realizing the importance of implementing digital payment channels to prevent the expansion of its undocumented or unregulated economy.
This growing acceptance of digital money and payment systems may be associated with a number of reasons, such as increased access to smartphones, the availability of 3G/4G connectivity to the internet, a growing number of e-commerce platforms, and government attempts to encourage the digitization process.
Transitioning to electronic money as well as means of payment is crucial for documentation efforts for a variety of reasons. Read Full Op-Ed
