BISP Introduces New Payment System to Combat Fraud

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The authorities have decided to abolish the franchise system of the Benazir Income Support Programme (BISP) following serious corruption allegations. This change is aimed at ensuring that monetary support reaches those in need more efficiently and without issues.

Why Was the BISP Franchise System Abolished?

Chairperson of BISP, Rubina Khalid, took this bold step after receiving numerous complaints regarding corruption within the franchise system. These complaints came directly from women who are part of the BISP program. During her visits to the franchise centers, she learned of these issues, leading to the decision to make changes.

What’s the New BISP Payment System?

What’s the New BISP Payment System?

BISP has partnered with six banks to distribute monetary aid through online wallet accounts. Under the new system, BISP cardholders will receive their payments directly into their bank accounts. This system is expected to make the process more transparent and reduce the chances of corruption.

How Will This Benefit BISP Beneficiaries?

The new method of direct payments to bank accounts will eliminate the need for intermediaries, which had previously allowed corrupt practices to flourish. Now, all beneficiaries will receive their financial support directly, ensuring that the money goes to those it is meant for.

The Importance of Transparency

The decision to abolish the franchise system highlights the commitment of BISP to improving the integrity and transparency of its operations. By shifting to a more secure system, the program ensures that it can continue to support the most vulnerable members of society without the risk of corruption.

This new change in the BISP system will benefit millions of people who depend on the program. By removing the franchise system and implementing direct transfers, the program will be more efficient, reliable, and fair.

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