BISP launches wallet account pilot project in 3 districts

The Benazir Income Support Programme (BISP) has started a wallet account pilot project to make cash distribution easier, faster, and safer. This new system has been launched in three districts: Sukkur, Hyderabad, and Rahim Yar Khan.

Under this project, beneficiaries will receive their payments directly in digital wallet accounts, which are linked to their CNIC and mobile SIM. This is a big step toward digital financial inclusion, especially for poor women in Pakistan.

Key Features of the Wallet Project

• Pilot districts: Sukkur, Hyderabad, Rahim Yar Khan

• Wallet accounts linked with CNIC + SIM card

• 1.3 million free JazzCash SIMs for BISP beneficiaries

• Automatic account opening on each SIM

• Goal: Fast, transparent, and secure payment system

Why BISP Introduced Wallet Accounts

Earlier, BISP payments were given through camp sites and agents. This system caused many problems such as:

• Long waiting lines and extra travel costs

• Agents cutting money from payments

• Delays in getting installments

• Risk of fraud and mismanagement

With the new wallet system, beneficiaries will now get:

• Direct transfer of the full payment (no cuts)

• 24/7 access to money through JazzCash agents or ATMs

• Secure transactions with biometric and CNIC verification

• Convenience without long queues

How the Wallet System Works

1. Free SIMs Distribution – JazzCash will give 1.3 million SIMs to BISP beneficiaries.

2. Linking with CNIC – Each SIM will be registered with the beneficiary’s CNIC.

3. Automatic Wallet Account – A digital wallet will open on the new SIM.

4. Payment Transfers – BISP installments (currently Rs. 13,500) will be deposited directly.

5. Cash Withdrawals – Beneficiaries can withdraw money from JazzCash agents, ATMs, and later through partner banks like HBL Konnect.

Benefits for Beneficiaries

• Transparency – Payments recorded digitally, no fraud.

• Convenience – Withdraw money anytime.

• Financial Inclusion – Women get introduced to formal banking.

• Security – CNIC-linked accounts reduce fraud risk.

• Flexibility – No need to wait for camp days.

Possible Challenges

The system is modern, but some issues may arise, such as:

• Lack of digital knowledge among women

• Network problems in remote villages

• Risk of sharing PIN/OTP with strangers

• Managing smooth SIM distribution across districts

Simple Guide for Women in Pilot Districts

1. Collect your free JazzCash SIM under BISP.

2. Register it with your CNIC.

3. Your wallet account will open automatically.

4. You will get an SMS alert when your payment arrives.

5. Withdraw money from JazzCash agents, ATMs, or partner banks.

Read More: Maryam Nawaz Assesses Ravi River’s Flood Situation on Boat