Cashless ambition
THE prime minister’s call for a time-bound roadmap to make all payments digital has given the government’s cashless economy drive a target. Federal and provincial institutions are moving towards digital payments, with most expected to complete the transition by December. Raast QR codes are being promoted for transactions, while cheque-based payments through Asaan Assignment Accounts are to be replaced by electronic transfers from Nov 15. These steps could make public transactions easier to trace and reduce delays. But the proposed........
