The government has launched a new online tool to help Pakistanis working abroad send money home more easily. Govt Introduces New Digital Payments System for Overseas Workers that aims to make remittances faster, cheaper, and more secure.
Officials said the new platform will allow overseas Pakistanis to send money directly to family members’ bank accounts. It will use modern digital technology to reduce fees and cut down processing times.
The State Bank and finance ministry worked together to design the system. They said it will support multiple global payment channels. The goal is to reduce dependence on traditional cash transfer methods that are slow and costly.
Under the plan, overseas workers can transfer funds through banks or mobile apps. Users will be able to track payments from start to finish. The system also offers real‑time notifications so recipients know when money arrives.
Govt Introduces New Digital Payments System for Overseas Workers as part of broader reforms to boost the economy. Officials said remittances are a key source of foreign exchange for Pakistan. By improving payment systems, the government hopes to increase international inflows.
Senior policymakers said the new service will attract overseas Pakistanis who often send money through informal channels. Informal transfers can be expensive and lack transparency. The new digital platform aims to change that.
Banks and financial institutions welcomed the initiative. They said the digital system could expand financial inclusion and encourage more people to use formal banking services. Workers’ families in Pakistan may also benefit from safer and quicker access to funds.
Experts said the move aligns with global trends in digital banking. They praised the system’s potential to strengthen financial networks and cut costs for users. Some added that training and awareness campaigns will be important to help people adopt the new tools.
To encourage early use, the government may offer lower fees for initial transactions. It will also introduce customer support services to help users with any problems. Officials said feedback from users will guide future improvements.
The State Bank will monitor the new payments system closely. It will ensure security measures protect users from fraud and cyber risk. Regulators said safeguards are in place before full rollout.
The initiative comes at a time when many Pakistanis living abroad send money home regularly. By improving digital options, the government hopes to support families, strengthen the economy, and modernize financial services.
Govt Introduces New Digital Payments System for Overseas Workers marks a step towards a more digital financial ecosystem. It reflects ongoing efforts to make remittances easier, more transparent, and more accessible for Pakistanis around the world.
Read More : Google Wallet Now Available in Pakistan for Digital Payments
