BISP 8171
Here is some good news for women beneficiaries of BISP 8171 because soon BISP is launching a new payments system. You have repeatedly asked when you will ultimately get payments through bank accounts, so now your wait is nearly over.
In this article, I will share complete information in this regard with you. I will inform you when BISP is introducing the system of making payments via bank accounts and what you will have to do to get payments via bank accounts.
In addition to this, I will also give you the full information about whether this system will be introduced throughout the entire country at one time or will be introduced in some limited districts first. You will receive full information in this context in this article.
Therefore, if you are also one of the recipients of BISP 8171, then this article will be of great use to you. Hence, you are kindly requested to read this article till the end so that you may receive full and authentic information and are not tricked into fraud.
When Is The New Payment System Expected To Launch?
Let us proceed and first of all discuss when the new payment system is going to be launched and what fresh updates have been released by BISP in this respect. To assist you in this respect, let me inform you that as per the latest updates released by BISP, the new payment system will be launched officially this year. Yet the last date has not been declared yet.
Let me explain further in this context: BISP top officials have also discussed the matter with the Governor of the State Bank of Pakistan, and measures have also been initiated in this context.
Will The New Payment System Be Rolled Out Across The Country?
And now we’ll discuss if this system initiated by BISP 8171 would be enforced across the entire nation at one time or not. So regarding that, I will tell you that as per the latest reports which have come forth, this system will be initiated as a pilot phase in certain districts. When the pilot phase is successfully finished, then this system would be rolled out in other districts step by step.
But BISP has not indicated which districts will be included in the pilot phase at last, but certainly it has been mentioned that the pilot phase will be initiated on a regular basis in the next few months. Furthermore, as soon as BISP releases the details about the districts covered in the pilot phase, you will be given the complete details
Procedure For Receiving Payments Under The New System
As I informed you, a fresh payment system is going to be introduced by BISP 8171, in which payments are going to be given to beneficiaries through bank accounts. So accordingly, let me inform you of the steps which have to be taken to get payments in future. Let me inform you that as soon as the pilot phase of this new system is initiated by BISP, beneficiaries of the pilot phase districts will be given SMS instructions through 8171.
By doing so, the beneficiaries will be required to open their accounts in the concerned bank, and thereafter these beneficiaries will be facilitated to receive their payments via bank accounts in the future times. Additionally, as soon as BISP releases detailed updates in this regard, you will also be updated with all details.
You Can Read Also: 8171 Web Portal; Know Latest Updates Regarding Registration
Conclusion
The move of BISP to initiate a new payment system is an appreciable initiative. With this initiative of BISP, not only will the payment system become transparent, but also all the beneficiaries will receive their payments in time. In this article, I have given you full information about this new payment system. I have informed you when this system is actually going to begin and what procedures you will have to go through in order to get payments under this new system.
I hope that the information given in this article will surely be helpful to you and you will not become a victim of any fraud. Moreover, if you wish to receive any sort of information concerning the information that has been provided in this article, then you can comment now in the comment section, and you will be replied to within a timely manner.