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Islamabad Set to Become Pakistan’s First Fully Cashless City by Dec 31

Officials say 26,000 merchants are already connected as the capital moves toward a cashless system to improve transparency and tax monitoring.

  • Islamabad will become Pakistan's first cashless city, with all businesses required to adopt digital payment systems by Dec 31, 2026, the federal government announced.
  • Minister of State for Interior Talal Chaudhry is leading the Cashless Islamabad project, stating that digital systems will improve financial transparency and tax monitoring through institutional collaboration.
  • Officials have already connected 26,000 merchants to digital payment services. The Islamabad Capital Territory administration and Capital Development Authority will stop accepting cash after Nov 30.
  • Representatives of the banking sector welcomed the government's initiative during recent meetings, assuring full cooperation for the project's implementation across Islamabad's merchant community.
  • Nordic nations like Sweden currently report low cash usage, while Mainland China relies heavily on QR-based platforms such as Alipay and WeChat Pay, providing international models for Islamabad's transition.
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Dawn broke the news in Karachi, Pakistan on Friday, November 13, 2026.
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