{"id":4933,"date":"2025-05-20T12:31:33","date_gmt":"2025-05-20T07:31:33","guid":{"rendered":"https:\/\/pkfin.kotenterprises.dev\/?p=4933"},"modified":"2025-05-20T12:31:33","modified_gmt":"2025-05-20T07:31:33","slug":"sbp-launches-nationwide-go-cashless-campaign-for-eid-ul-adha","status":"publish","type":"post","link":"https:\/\/pkfin.kotenterprises.dev\/?p=4933","title":{"rendered":"SBP launches nationwide \u2018Go Cashless\u2019 campaign for Eid-ul-Adha"},"content":{"rendered":"

The State Bank of Pakistan (SBP)<\/a> has initiated a nationwide \u201cGo Cashless\u201d campaign to promote digital payments and reduce reliance on cash transactions within cattle markets during the upcoming Eid-ul-Adha.<\/p>\n

This strategic initiative, in line with SBP\u2019s 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.<\/p>\n

In partnership with the banking industry, the campaign aims to streamline the sale and purchase of sacrificial animals in 54 designated cattle markets across the country.<\/p>\n

Raast processes over 892m transactions<\/strong><\/p>\n

Following the success of last year\u2019s digitalization efforts, this year\u2019s campaign seeks to further expand digital adoption among market participants<\/a>.<\/p>\n

Within these cattle markets, digital payment solutions<\/a> can be utilized for various transactions, including the purchase of sacrificial animals, payment for necessities such as water and feed, and settlement of parking fees.<\/p>\n

To support both merchants and buyers during this period, the SBP has temporarily raised transaction<\/a> limits, effective from May 19 to June 15, 2025:<\/p>\n