THE government’s push to fast-track the transition to a cashless economy could be Pakistan’s dream leap into the future. At a meeting on his cashless economy initiative, Prime Minister Shehbaz Sharif was briefed on plans to expand Raast services nationwide to facilitate the creation of a single digital financial identity for every citizen by integrating their national identity, biometrics and mobile numbers. Ambitious targets have been set to accelerate mobile banking and fintech adoption under the initiative: raising the number of active digital merchants to 2m by June, increasing mobile/internet banking users from 95m to 120m, routing all........

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