Table of Contents

PM Imran Launched Raast Payment System for Instant Digital Transactions

Prime Minister Imran Khan reportedly unveiled Raast (a person-to-person payment system for quick digital transactions) on Tuesday in Islamabad. This endeavor will assist the common man because it will simplify digital payments and incorporate them into the official economy.

Government will pay employee salaries and pensions via Raast.

Prime Minister Khan, speaking at the event, hailed the country’s 220 million people as a tremendous asset if they were integrated into the formal economy. If the people was not integrated into the economy, he said, it would become a burden.

Read: Most Up-to-date Construction Trends in Pakistan 2022

In addition, the PM elaborated on Raast’s characteristics. People will no longer need to visit banks since they will be able to instantly transfer money from their mobile devices. He continued by stating that the savings rate would increase, which would raise the tax-to-GDP ratio and the nation’s development.

Read: Car Prices Are Going to Rise Again in Pakistan

Dr. Reza Baqir, the governor of the SBP, focused on Raast by identifying four important criteria. He went on to explain that payments would be processed in seconds, that the recipient’s mobile phone number would serve as their Raast ID number and be linked to their bank account, that there would be no banking costs, and that the service would be accessible across all channels.

For more updates, stay tuned to Al Sadat Marketing.

You can also invest in other famous and most in demand housing societies, such as , Blue World City,  Rudn Enclave7 Wonders City PeshawarTaj ResidenciaKingdom Valley,  New Metro City Gujar KhanForest Town RawalpindiUniversity Town RawalpindiICHS TownPark View City IslamabadMulti Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit https://alsadatmarketing.com/

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2Prism Town Gujar KhanNew City ParadiseEighteen Islamabad7 Wonders City IslamabadCapital Smart City,  Silver City IslamabadThe Life Residencia,  Faisal Town IslamabadIslamabad Golf CityIslamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

Book Your Plot Now: +92 331 111 0005

Tags :

Share :

About Author
About Author

Syed Sadat Hussain Shah

Talk to Us!

Latest Posts

Categories

Leave a Reply

Your email address will not be published. Required fields are marked *

Avail Discount on Installments through GFS-AIR (Advance Installment Receipt)

Get GFS - AIR Discount Forms