Farmers and merchants in the mandis are no longer constrained to only doing business with cash. A new age of convenience has arrived thanks to mobile banking and ATM services offered in mandis around the country. Farmers and traders may now execute financial transactions in a secure and practical manner since they have access to these services.
They can access their accounts, send money, and make payments via mobile banking on their smartphones. As a result, physical currency is no longer required, which reduces the likelihood of theft and raises transparency. The ease of access to balance checks and cash withdrawals is another advantage of ATM installation in mandis. Those who want to always have actual money on hand for various transactions would benefit the most from this move.
Due to Pakistan’s high rate of inflation and the current economic crisis that the entire country is experiencing, it is anticipated that market prices would rise in comparison to the previous year.
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