ISLAMABAD: With the establishment of digital payment systems, the chances of monetary frauds and pickpocketing have been reduced at the cattle markets, and it is expected that banks too would establish their card scanning mechanism to reduce cash handling in crowded cattle markets.

The two main digital wallet companies of the country -JazzCash and easypaisa-have established QR code camps in several cattle market s in the country to reduce cash carrying by both the buyers and the sellers.

The move will make payments during sale and purchase of sacrificial animals easier.

Both easypaisa and Jazzcash have deployed QR code payment system at several cattle markets across Pakistan, allowing the buyers to move around the cattle markets with their mobile phones and limited amount of cash only. `The average person carry between Rs30,000 to Rs80,000 while shopping for the animals in the markets, and for the purchase of cattle we divide cash among the group members, so that if one person is hit by a pickpocket not all of it is lost, said Azhar Abbas, who visits the cattle market several times, to buy animals for the extended family.

However, he expressed satisfaction over the availability of digital payment modes, allowing them to focus more on the purchases. The move by both the digital wallets was also part of the national policy and State Bank of Pakistan`s (SBP)`Go Cashless` campaign.

To send money, users can tap the scan code option on the home screen, scan the QR code, and enter the amount to complete the transaction, and the receiver of payments gets the settled amount in their accounts just by the tap.