CDA Set to Go Cashless with New Digital Payment System in ISB

The Capital Development Authority (CDA) is set to implement a cashless digital payment system, ensuring transparency and efficiency in financial transactions. This decision was finalized during the fourth CDA Board meeting, chaired by Chairman Muhammad Ali Randhawa.

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Key Developments in the Cashless Transition

165 services at the One Window Operation have already been digitized.
Water tanker charges and Islamabad Water accounts now accept QR code-based payments.
Future expansion will include fines from the DMA, Environment, and Enforcement departments.

Enhanced Financial Management with SAP System

To strengthen financial accountability, CDA has approved the SAP double-entry accounting system. Officials have been instructed to compile a complete asset record by the end of the fiscal year, alongside a corporate-style financial report detailing achievements and targets.

To ensure seamless execution, CDA will sign an MoU with the Controller General of Pakistan next week for SAP implementation. A special committee, led by Member Finance, has also been formed to identify rented CDA properties in Islamabad.

This digital transformation marks a major step towards modernizing Islamabad’s financial infrastructure, improving transparency, efficiency, and service delivery.