‘Fintech Can Help Document Economy’

Technology can steer documentation in the economy and boost digitalisation of banking sector as well as payments, said Minister of Science and Technology Fawad Chaudhry.

Speaking at a webinar titled “Target 10 Million: Leveraging Fintech to Expand Retail Investor Participation” on Tuesday, the minister said the only way to document the entire economy of Pakistan was to bring fintech into play.

“Fintech has a huge role to play in Pakistan economically and government policies can help companies succeed,” he said. “On the other hand, the companies specialising in fintech can do wonders for Pakistan.” He lauded payments through digital means under the Ehsaas programme, calling it a step forward for Pakistan. Read more…..

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