PM Launches Digital Wallets Under BISP – Empowering Women with Financial Freedom | October 2025 Update
In a major step toward digital inclusion and financial empowerment, the Prime Minister of Pakistan has officially launched digital wallets under the Benazir Income Support Programme (BISP). This new initiative, announced in October 2025, aims to make cash transfers easier, faster, and more transparent for millions of beneficiaries across the country. 💳
This step marks a major milestone in Pakistan’s digital transformation journey, ensuring that women from low-income households can access secure financial services directly through their mobile phones.
🎯 Purpose of Digital Wallets under BISP
The main goal of this project is to help BISP beneficiaries, especially women, manage their financial transactions easily and safely.
With these digital wallets, beneficiaries will be able to:
- Receive monthly stipends without standing in long queues.
- Withdraw money from partner banks or ATMs anytime.
- Make utility bill payments and mobile top-ups directly from the app.
- Track transaction history for better transparency.
💡 How BISP Digital Wallets Work
Each registered BISP woman beneficiary will get access to a mobile wallet account linked to her CNIC and SIM card. This ensures that funds are transferred only to the eligible person.
Process Overview:
| Step | Description |
|---|---|
| 1️⃣ | Registration: Women already enrolled in BISP can visit partner banks or BISP centers for wallet activation. |
| 2️⃣ | Verification: CNIC and biometric verification ensure authenticity. |
| 3️⃣ | Activation: Wallet is linked with mobile number for easy access. |
| 4️⃣ | Usage: Funds can be withdrawn, transferred, or used for digital payments. |
🌐 BISP Digital Wallets Partner Banks
The government has partnered with major banks and telecom companies to facilitate the rollout. Banks such as HBL Konnect, Easypaisa, and JazzCash are expected to integrate their platforms for this program.
This will create a cashless ecosystem, encouraging financial independence for women in rural and urban areas alike.
🔔 October 2025 Update: What’s New?
According to BISP Chairperson Dr. Amjad Saqib, the digital wallet feature is being introduced in phases, starting from Punjab and Sindh, followed by KPK and Balochistan. Beneficiaries will soon receive SMS notifications once their wallet is activated. 📱
The government’s target is to enable over 9 million women to use digital wallets by the end of 2025, strengthening Pakistan’s digital economy and reducing cash dependency.
✅ Conclusion
The launch of BISP digital wallets is not just a financial reform—it’s a social revolution. By giving women direct access to their funds, the initiative ensures empowerment, transparency, and convenience. This program is another step toward a digitally inclusive Pakistan.
