A new development may result in the permanent replacement of automated teller machines (ATMs). The National Database and Registration Authority (NADRA) has launched a new e-payment system that may be the answer to all of your digital payment and cash requirements.
This is the result of NADRA’s collaboration with 1Link, Pakistan’s largest and fully licensed payment gateway system. The competent authorities have formed a strategic alliance to develop and manage an e-payment system based on NADRA’s existing e-Sahulat franchise.
Because of this collaboration, NADRA will convert over 17,000 e-Sahulat outlets into full-fledged ATMs with a full suite of digital payment features. These outlets will be able to perform fund transfers, cash-in and cash-out transactions, public-to-government (P2G), government-to-public (G2P), and other transactions.
On Monday, NADRA Chairman Tariq Malik and 1Link CEO Najeeb Agrawal signed the agreement at the authority’s headquarters. Malik stated in response to this development that NADRA has been working to improve e-governance by empowering both public and private sector organizations through its digital services.
He stated that NADRA’s e-Sahulat facility is one of Pakistan’s most advanced digital financial payment services.
We are strengthening the state’s capacity to deliver digital public goods and transitioning to electronic financial transactions for greater transparency and accountability. This would also allow for financial inclusion.
This collaboration will allow NADRA’s 17,000+ e-Sahulat outlets to double the capacity of the countries with more than 16,500 1Link ATMs. As previously stated, this will allow people to deposit and withdraw funds.
According to Malik, the digital platform will eventually be available in remote areas of Pakistan, allowing students to continue their education while earning money to pay their school fees.