{"id":4627,"date":"2025-04-17T10:52:59","date_gmt":"2025-04-17T05:52:59","guid":{"rendered":"https:\/\/pkfin.kotenterprises.dev\/?p=4627"},"modified":"2025-04-17T10:52:59","modified_gmt":"2025-04-17T05:52:59","slug":"pakistans-first-electronic-warehouse-receipt-ewr-for-sugar-with-digital-payments-transforming-agri-financing","status":"publish","type":"post","link":"https:\/\/pkfin.kotenterprises.dev\/?p=4627","title":{"rendered":"Pakistan\u2019s First Electronic Warehouse Receipt (EWR) for Sugar with Digital Payments \u2013 Transforming Agri-Financing"},"content":{"rendered":"

Digitt+<\/a> is pleased to announce a major milestone<\/strong> in Pakistan\u2019s agricultural and financial sectors. AFT, in collaboration with Naymat Collateral Management Company<\/a>, is launching the country\u2019s first-ever Electronic Warehouse Receipt (EWR) for sugar, integrated with digital payments.<\/strong><\/p>\n

This initiative will empower farmers with access to formal financing<\/strong>, allowing them to secure up to 70% of their stock\u2019s value<\/strong> without the need for immediate sales. With Pakistan\u2019s sugar sector producing over 7 million tons annually, this innovation will unlock liquidity, ensuring financial stability for thousands of farmers.<\/p>\n

By integrating digital payments<\/strong>, the financing process will be seamless, transparent, and highly efficient<\/strong>. Farmers will receive funds directly into their digital wallets<\/strong>, eliminating delays and reducing reliance on traditional cash-based transactions. This shift toward a secure and digital-first financial ecosystem<\/strong> will not only enhance financial inclusion but also modernize Pakistan\u2019s agri-financing landscape.<\/p>\n

Shakib, CEO of Naymat Collateral Management Company,<\/strong> emphasized the significance of this launch:
\n“<\/em> Educating farmers on digital warehouse receipts is key to adoption, ensuring trust and awareness. Developing a fair formula for converting sugarcane value to refined sugar requires collaboration among stakeholders. By fostering transparency and aligning interests, we can create a system that benefits farmers, millers, and financial institutions while strengthening the industry.\u201d<\/em><\/p>\n

Ahmed Saleemi, CEO of Digitt+,<\/strong> highlighted the role of digital payments in transforming<\/a> the sector:
\n“Bringing digital payments into the warehouse receipt system is a crucial step for Pakistan\u2019s farmers. By enabling instant fund disbursement into digital wallets<\/a>, we are not just simplifying transactions but also fostering financial inclusion at scale. This initiative paves the way for a more efficient and financially inclusive agricultural ecosystem.”<\/em><\/p>\n

This initiative reflects a broader movement toward digitizing Pakistan\u2019s agricultural<\/a> sector<\/strong>, making financial services more accessible, efficient, and farmer-friendly<\/strong>. By combining technology, secure financing, and seamless digital transactions<\/strong>, we are driving a new era of financial empowerment for farmers<\/strong>, ensuring a stronger and more resilient agricultural economy<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Digitt+ is pleased to announce a major milestone in Pakistan’s agricultural and financial sectors. AFT, in collaboration with Naymat Collateral Management Company, is launching the country’s first-ever Electronic Warehouse Receipt (EWR) for sugar, integrated with digital payments. This initiative will empower farmers with access to formal financing, allowing them to secure up to 70% of […]<\/p>\n","protected":false},"author":1,"featured_media":4628,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post","format-standard"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t