{"id":105909,"date":"2026-06-24T17:19:09","date_gmt":"2026-06-24T12:19:09","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=105909"},"modified":"2026-06-24T17:19:14","modified_gmt":"2026-06-24T12:19:14","slug":"kmc-to-have-fully-digital-payment-system","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/kmc-to-have-fully-digital-payment-system.html","title":{"rendered":"KMC goes cashless, a first for Pakistan&#8217;s municipal institutions"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Karachi: The Karachi Metropolitan Corporation (KMC) has decided to introduce a fully digital payment system through the State Bank of Pakistan&#8217;s Raast platform, becoming the first municipal institution in the country to adopt a cashless financial model.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mayor Karachi Barrister Murtaza Wahab announced that from the new fiscal year beginning in July 2026, all payments to KMC vendors, contractors and other approved beneficiaries will be transferred directly to their bank accounts through Raast.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the mayor, the move aims to improve transparency, financial discipline and efficiency in municipal operations by replacing manual payment processes with real-time electronic transfers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read: <a href=\"https:\/\/www.zameen.com\/news\/kmcs-new-revenue-generating-entertainment-tax.html\" target=\"_blank\" rel=\"noreferrer noopener\">KMC seeks approval for new revenue-generating entertainment tax<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">KMC said the system has been developed in line with the payment framework approved by the Accountant General Sindh. Officials noted that the digital mechanism would help streamline payment processing, strengthen financial oversight and reduce administrative costs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">KMC Financial Advisor Gulzar Abro briefed officials on the project&#8217;s implementation strategy and rollout timeline, highlighting measures being taken to ensure smooth adoption across relevant departments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The initiative is part of the corporation&#8217;s broader digitalisation efforts and is expected to support improved financial governance and service delivery within the municipal administration.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The Karachi Metropolitan Corporation (KMC) has decided to introduce a fully digital payment system through the State Bank of Pakistan&#8217;s Raast platform, becoming the first municipal institution in the country to adopt a cashless financial model. Mayor Karachi Barrister Murtaza Wahab announced that from the new fiscal year beginning in July 2026, all payments to KMC vendors, contractors and other approved beneficiaries will be transferred directly to their bank accounts through Raast. According to the mayor, the move aims to improve transparency, financial discipline and efficiency in municipal operations by replacing manual payment processes with real-time electronic transfers. Read: KMC seeks approval for new revenue-generating entertainment tax KMC said the system has been developed in line with the payment framework approved by the Accountant General Sindh. Officials noted that the digital mechanism would help streamline payment processing, strengthen financial oversight and reduce administrative costs. KMC Financial Advisor Gulzar Abro briefed officials on the project&#8217;s implementation strategy and rollout timeline, highlighting measures being taken to ensure smooth adoption across relevant departments. The initiative is part of the corporation&#8217;s broader digitalisation efforts and is expected to support improved financial governance and service delivery within the municipal administration.<\/p>\n","protected":false},"author":18,"featured_media":105763,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016],"tags":[74427,63403,65728,64546,39762,17893,60421,13084,74428,74422,61687,62679,62786,68882,40,1569,6401,20407,74423,62678,74424,47436,34475,67749,74425,62363,59130,74421,1334,2631,74426],"persona":[],"class_list":["post-105909","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-developments","tag-accountant-general-sindh","tag-cashless-economy","tag-cashless-payments","tag-contractors","tag-digital-governance","tag-digital-payments","tag-digital-transformation","tag-e-governance","tag-electronic-payments","tag-financial-digitalisation","tag-financial-management","tag-financial-transparency","tag-fintech","tag-good-governance","tag-karachi","tag-karachi-metropolitan-corporation","tag-kmc","tag-local-government","tag-local-government-reforms","tag-municipal-administration","tag-municipal-governance","tag-murtaza-wahab","tag-pakistan-economy","tag-public-finance","tag-public-sector-digitalisation","tag-public-sector-reforms","tag-raast","tag-real-time-payments","tag-sindh","tag-state-bank-of-pakistan","tag-vendors","cat-15016-id"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>KMC to have fully digital payment system - Zameen News<\/title>\n<meta name=\"description\" content=\"The digital mechanism would help streamline payment processing, strengthen financial oversight and reduce administrative costs...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/kmc-to-have-fully-digital-payment-system.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KMC to have fully digital payment system - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The digital mechanism would help streamline payment processing, strengthen financial oversight and reduce administrative costs...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/kmc-to-have-fully-digital-payment-system.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-24T12:19:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-24T12:19:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2026\/06\/09173412\/KMC_News-Cover.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samra Zulfiqar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samra Zulfiqar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"KMC to have fully digital payment system - Zameen News","description":"The digital mechanism would help streamline payment processing, strengthen financial oversight and reduce administrative costs...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/kmc-to-have-fully-digital-payment-system.html","og_locale":"en_US","og_type":"article","og_title":"KMC to have fully digital payment system - Zameen News","og_description":"The digital mechanism would help streamline payment processing, strengthen financial oversight and reduce administrative costs...","og_url":"https:\/\/www.zameen.com\/news\/kmc-to-have-fully-digital-payment-system.html","og_site_name":"Pakistan Real Estate News &amp; 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