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SBP Launches 'Go Cashless' Campaign Ahead of Eidul Adha
- The State Bank of Pakistan launched a nationwide 'Go Cashless' campaign from May 19 to the eve of Eidul Adha to promote digital payments in 54 cattle markets across the country.
- The campaign follows increased demand for sacrificial animals as Eidul Adha approaches in about 20 days, with buyers flocking to Karachi's Northern Bypass cattle market, Asia's largest livestock market.
- The Northern Bypass market, managed by Faisal Ali, hosts over 55,000 animals across 1,200 acres, provides 24-hour utilities, and enforces vehicle passes amid enhanced security by around 1,000 police personnel.
- The SBP raised digital transaction limits to allow greater flexibility in payments for livestock, water, feed, and parking, encouraging safe and efficient cashless transactions during the busy market season.
- This campaign aims to reduce cash-based transactions and build on prior successes to support a secure, inclusive financial ecosystem during Eid, while authorities in Karachi enforce strict controls on unauthorized cattle trading.
12 Articles
12 Articles
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SBP launches 'Go Cashless' campaign ahead of Eidul Adha
The State Bank of Pakistan (SBP) has launched a nationwide “Go Cashless” campaign aimed at promoting digital payments in cattle markets ahead of Eidul Adha. The campaign, which runs from May 19 to eve of Eidul Adha, is designed to reduce cash-based transactions and encourage the use of digital financial services for buying sacrificial animals and related expenses. “In partnership with the banking industry, the SBP is enabling digital payment sol…
Eid ul Adha 2025: SBP Pushes ‘Go Cashless’ Drive for Cattle Markets
To ease the rush of cash transactions during Eid ul Adha, the State Bank of Pakistan (SBP) has launched a countrywide campaign promoting digital cattle payments. The “Go Cashless” initiative, which began on May 19, 2025, aims to digitize buying and selling in 54 designated cattle markets nationwide. Boosting Digital Transactions The campaign will run through June 6—or until Eid night. It supports SBP’s long-term goal of promoting digital financi…
SBP Launches Nationwide 'Go Cashless' Campaign for Eid-ul-Azha
The post SBP Launches Nationwide ‘Go Cashless’ Campaign for Eid-ul-Azha appeared first on INCPak. The State Bank of Pakistan (SBP) has initiated a nationwide “Go Cashless” campaign to promote digital payments and reduce reliance on cash transactions within cattle markets during the upcoming Eid-ul-Azha. This strategic initiative, in line with SBP’s goal of fostering digital financial inclusion throughout Pakistan, was officially launched today, …
SBP launches “Go Cashless” campaign
for Eid-ul-Azha Karachi The State Bank of Pakistan (SBP) has initiated a nationwide “Go Cashless” campaign to promote digital payments and reduce reliance on cash transactions within cattle markets during the upcoming Eid-ul-Azha. This strategic initiative, in line with SBP’s goal of fostering digital financial inclusion throughout Pakistan, was officially launched today, May 20, 2025, and will run until June 6, 2025, or Eid night. In partnershi…
SBP encourages cashless Eid transactions across Pakistan
May 19, 2025 (MLN): The State Bank of Pakistan (SBP) has initiated a nationwide "Go Cashless" campaign to promote digital payments and reduce reliance on cash transactions within cattle markets during the upcoming Eid-ul-Azha. This strategic initiative, in line with SBP's goal of fostering digital financial inclusion throughout Pakistan, was officially launched today, May 20, 2025, and will run until June 6, 2025, or Eid night. In partnership wi…
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