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‘e-Pay Punjab’ make 4.3 million transactions and proves a game changer

‘e-Pay Punjab’ make 4.3 million transactions and proves a game changer

In one of the recent tweets by the Punjab Information Technology Board

The board announced that e-Pay Punjab is proved as a game-changer because of the collection amount which is nearly about 20 Billion Rupees through 4.2 million transactions.

Due to the e-Pay Punjab app’s unique feature of payment methods; four types: Internet banking, mobile banking, OTC (over the counter), ATM (Automated Teller Machine) banking transaction for the users. Under the instruction and guidance of the Finance Department of Punjab, this solution was created by the Punjab IT Board (PITB). If we talk about its integration, then let me tell you that it is integrated with the State Bank of Pakistan (SBP) and one link for the interconnectivity for the whole of Pakistan’s banking network.

 

For paying tax dues, anyone will have to access the e-Pay Punjab app or website for generating 17 digit PSID number. Each PSID number you will get different against each of your transactions. No matter, which channel of payment you are going to use: Internet Banking, Mobile Banking, OTC, or ATM banking transaction you use for paying tax dues.

 

As technology and digital tools are increasing day by day. PITB is also implementing different ways to make easy accessibility of such tools and for increasing the productivity for increasing productivity specifically for the unusual times of COVID. Furthermore, such implementation without using the physical infrastructure saves millions of rupees and a lot of time as well.

 

If you want to avail yourself of such kind of service, then you can go Play store or Apple store for downloading it.

Tags : e-Pay PunjabPSID number
Pakistan Tech News

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