Pakistan’s NFIS initiative leverages digital identity for financial inclusion

Significant headway has been made in making digital financial services available to Pakistanis, with 60 percent of adults now benefiting from them under State Bank of Pakistan (SBP’s) National Financial Inclusion Strategy (NFIS). Despite this, large obstacles still persist, such as Pakistan’s vast financial exclusion gap. In navigating these difficulties the integration of innovative solutions like Asaan Mobile Account, Asaan Digital Account & RAAST payment system with established mobile digital identity & branchless banking frameworks.

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