Meeting to indentify gaps between payment solutions to promote e-commerce held.

Islamabad -- A consultative session was held with all relevant stakeholders to indentify gaps between payment solutions available domestically and its integration with international payment gateway solution providers to promote e-commerce in Islamabad.

Federal Minister for Finance and Revenue Shaukat Tarin, presided over the meeting on the establishment of Pakistan International E-payment Gateway (IPG) on Tuesday.

The IPG will pave the way for financial inclusion and payment digitization which is a sub-component of the 09-pillars of the E-Commerce policy.

Federal Minister for IT and Telecommunication Syed Amin-ul-Haque, Adviser on Commerce Abdul Razak Dawood, CEO NITB Syed Hussain Abbas Kazmi, Secretary Commerce, senior policy analyst and other senior officers participated in the meeting.

Governor State Bank Dr Reza Baqir joined the meeting through a video link.

The Adviser on Commerce briefed the participants about the current digital financial landscape in the country.

The Governor SBP outlined steps being taken for the financial inclusion of domestic banks.

Federal Minister for IT and Telecom assured full facilitation in provision of enabling environment to the service providers as needed under IPG.

In his remarks, the Finance Minister directed to follow best...