Implementation of this special purpose proposition is in its testing stages. The test demonstration took place with Ehsaas beneficiaries at the Ehsaas Emergency Cash campsite in collaboration with partnering banks of Ehsaas- HBL and Bank AlFalah.
SAPM Sania Oversees Mobile wallet Testing in the field to Introduce Cashless Banking
Dr. Nishtar said while briefing media The idea of mobile money accounts is linked to the Ehsaas Kafalat program for financial deepening under ‘One Woman One Bank Account Policy’. Ehsaas Kafaalat is the government’s safety net programme through which it gives cash stipends to 7 million most deserving and poorest women all over the country. The mobile wallets will offer the option to Ehsaas beneficiaries to subsequently transfer funds from designated limited mandate accounts to their mobile wallet for further utilization. This model will include a full-scale cashless and branchless banking saving account for beneficiaries, with the aim of being responsive to the needs of the beneficiaries. To achieve this goal, Ehsaas will chalk out awareness and communications plan to increase the financial capability and literacy, amongst the vulnerable population. During the visit, the SAPM took a round of the Ehsaas campsite and met with the partnering banks’ agents and Ehsaas Emergency Cash beneficiaries present there to gauge the quality of ongoing disbursal arrangements. She also listened to their concerns and gave on spot instructions to Ehsaas officials to facilitate them for easy cash transfers. Dr. Nishtar announced that those people who could not apply for Ehsaas Emergency Cash would be able to benefit from other Ehsaas programs as per the rule-based procedures through Ehsaas self-registration drive. Given the closure of Ehsaas Emergency Cash payments on August 31, 2020, Dr. Sania Nishtar reaches out to the wider national audience every morning this week through national hook up radio program, Raabta. She listens to the queries of Ehsaas Emergency Cash beneficiaries from far flung areas of the country and educates them about the supplementary measures being taken under Ehsaas to expedite payments in the field.
