No, your wallet isn’t blocked — SBP’s biometric rule explained

With Pakistan’s digital payment scene booming, thanks to services like Easypaisa and other mobile wallets, the State Bank of Pakistan (SBP) is introducing a simple yet powerful update to keep your money safe.

From July 1, 2025, you’ll need to verify your identity through biometrics — like a fingerprint scan — when depositing or withdrawing cash at retail agents. But before you panic over headlines and social media rumors, here’s what this rule does NOT mean:

  • Your account isn’t getting blocked.

  • Your money isn’t frozen.

  • Your online app transactions won’t be affected.

Everything stays the same for digital payments, bill transfers, and QR code scans. The only change is at physical retail points for cash-in or cash-out services, where biometric checks will now be mandatory.

This change is all about adding a layer of protection. As digital banking grows, so do scams. The SBP wants to make sure your hard-earned money doesn’t fall into the wrong hands.

If you haven’t done your biometric verification yet, no worries — just get it done the next time you visit your nearest retail outlet. It’s quick and helps make Pakistan’s digital finance space safer for everyone.

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