ISLAMABAD, November 12, 2026: The Benazir Income Support Programme (BISP) has launched its first disbursement under a new interoperable payment system, allowing eligible women to receive financial assistance through six partner banks instead of being restricted to a single payment provider.
According to a BISP statement, the new arrangement aims to give beneficiaries greater flexibility in accessing their payments while improving transparency, reducing queues and preventing unauthorised deductions.
The six participating institutions are Habib Bank Limited (HBL), HBL Microfinance Bank, Easypaisa, JazzCash, Bank Alfalah and the Bank of Punjab.
Following the launch, BISP Chairperson Senator Rubina Khalid met State Bank of Pakistan Governor Jameel Ahmad to review implementation of the payment system and discuss future cooperation.
She thanked the State Bank for its support in developing the interoperable banking framework and bringing the six financial institutions into the payment network.
Rubina Khalid said the new system would enable deserving women to receive financial assistance through banking channels of their choice, helping improve service delivery and promote financial inclusion.
BISP officials said the initiative was designed to make cash transfers more accessible, transparent and convenient for beneficiaries across Pakistan.
The chairperson reaffirmed the programme’s commitment to improving women’s financial independence and ensuring the secure delivery of social assistance.
She said BISP would continue working closely with the State Bank and participating financial institutions to strengthen the payment mechanism.
BISP Additional Secretary Dr Ismat Nawaz also attended the meeting.