Islamabad is set to embrace a cashless digital payment system as the Capital Development Authority (CDA) moves to modernize financial transactions across its services. This initiative aims to improve transparency, efficiency, and security, ensuring a more streamlined approach to payments within the federal capital.

The decision was finalized during the fourth CDA Board meeting, chaired by Chairman Muhammad Ali Randhawa, with all board members in attendance. The shift aligns with the government’s broader vision of digital transformation and e-governance.

CDA’s Digital Payment Initiative: What’s Changing?

The cashless transition has already been implemented for 165 services at the One Window Operation center. Payments that previously required manual transactions can now be processed digitally, reducing dependency on cash and minimizing risks associated with physical handling.

In addition to general service payments, the Islamabad Water accounts and water tanker charges have also been integrated with a QR code-based digital payment system. This allows residents and businesses to make hassle-free transactions via mobile banking and online platforms.

Expanding the Digital Payment System

CDA officials revealed that the new cashless system will gradually encompass all financial transactions within the authority, including:

  • Fines imposed by the Directorate of Municipal Administration (DMA), Environment, and Enforcement departments
  • Property-related transactions within Islamabad
  • Lease and rent payments for CDA-owned properties

By eliminating manual payments, CDA aims to curb financial irregularities, ensuring a secure and transparent system for all stakeholders.

SAP Double-Entry Accounting System for Enhanced Financial Management

To further strengthen financial oversight, the CDA Board has also approved the implementation of the SAP double-entry accounting system. This system will help:

  • Improve accountability and accuracy in CDA’s financial records
  • Track revenues and expenditures more efficiently
  • Enhance budget management and auditing processes

As part of this transition, officials have been instructed to compile a comprehensive record of CDA’s assets by the end of the fiscal year. Chairman Muhammad Ali Randhawa also directed that a corporate-style financial report be prepared, outlining CDA’s achievements, targets, and future financial plans.

MoU Signing with Controller General of Pakistan

To ensure the smooth implementation of the SAP system, CDA will be signing a Memorandum of Understanding (MoU) with the Controller General of Pakistan next week. This collaboration will facilitate the seamless integration of modern accounting practices into CDA’s financial structure.

Additionally, a committee has been formed to oversee this transition, led by:

  1. Member Finance (Chair)
  2. Director of Land
  3. Director of Municipal Administration
  4. Director General of Building Control Section

The committee’s primary task will be to identify and document all CDA properties that have been rented out across Islamabad, ensuring proper revenue collection and asset management.

How This Benefits Islamabad’s Residents

The introduction of a cashless digital payment system will bring multiple benefits for Islamabad’s residents and businesses, including:

  • Convenience – Digital payments eliminate the need to visit CDA offices, reducing long queues and processing times.
  • Transparency – Digital transactions minimize corruption and financial discrepancies.
  • Security – Reduced cash handling lowers risks of theft and fraud.
  • Efficiency – Faster and more organized financial processing for both CDA and citizens.

With the government’s increasing focus on digital transformation, this initiative marks a major milestone in Islamabad’s journey toward a smart and modern city.

The Capital Development Authority’s (CDA) shift to a cashless payment system represents a progressive move towards digital governance in Islamabad. By integrating online payment solutions, adopting SAP accounting systems, and ensuring better financial transparency, the CDA is laying the groundwork for a more efficient and accountable administration.

As the system expands, Islamabad’s residents will enjoy a more seamless experience in managing municipal transactions, making it a model city for digital financial transformation in Pakistan.

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