Ali Raza Khan 
Pakistan is making a bold transition to a digital economy because the government has officially shifted towards less cash dependency. Pakistan has been compelled by a new directive to have QR codes Pakistan printed in retail outlets throughout the country, which means that merchants have no choice but to use digital payments. The announcement is a way the state sees a bigger picture of a Cashless Pakistan to enhance transparency as well as better tax collection and documentation of the economy. The policy is likely to transform the daily transactions with increased smartphone usage and the expansion of fintech. Since Pakistan requires QR codes in retail stores, both consumers and businesses are now being forced to the secure, quicker, and more trackable payment systems.
Cashless Pakistan Drive Gains Momentum
Finance Minister Bilal Azhar Kiani affirmed that the executive order needed to have at least one payment option at stores in the country that uses digital payment. Since QR codes are required in the retail outlets in Pakistan, the federal and provincial governments are writing permanent law to facilitate the policy. Law enforcers think this reform will reduce illegal commerce and consolidate mechanisms such as Track and Trace. As part of the significant reforms to modernize commerce, generate revenue, and achieve financial inclusion, Pakistan requires the use of QR codes in retail stores that have the authority to enforce compliance to enhance the provisions of their ministries.
