Technology

ISLAMABAD (Staff Report) – Benazir Income Support Programme (BISP) plans to replace the current debit card system with biometric system under which beneficiaries will be able to draw their amounts by use of fingerprints only.

This was told by chairperson BISP Marvi Memon in a meeting chaired by Minister for Finance Mohammad Ishaq Dar to review various new proposed initiatives here the other say.

She said that the number of cash-out points would increase manifolds to facilitate the beneficiaries across the country. In addition, the new model was designed in line with the financial inclusion targets of the Government and would reduce cost for the exchequer, the meeting was further informed.

Chairperson BISP Marvi Memon and BISP management also briefed the Finance Minister on the proposed updating of National Socio- Economic Registry (NSER) as well as the proposed new banking model of BISP.

Senior officials of Ministry of Finance also attended the meeting. The meeting was briefed on the various aspects of National Socio-Economic Registry (NSER) and its linkage with various social sector initiatives.