About Fintech Unit – KP Information Technology Board
The Fintech Unit of the Khyber Pakhtunkhwa Information Technology Board (KPITB) operates under the Digital Economy pillar and is responsible for the design, development, and governance of digital financial solutions for the Government of Khyber Pakhtunkhwa. The unit enables secure, scalable, and transparent digital payment and financial systems to support public sector service delivery.
Objectives
- Promote digitization of government financial transactions and public sector payments.
- Enable citizens and businesses to access government services through modern fintech platforms.
- Support government departments in adopting secure and interoperable digital payment systems.
- Enhance financial inclusion and strengthen the digital economy in Khyber Pakhtunkhwa.
- Improve transparency, efficiency, and accountability in public financial management.
Benefits
- Convenient and secure digital payment options for citizens and businesses.
- Streamlined financial operations for government departments.
- Improved monitoring, reporting, and auditability of government transactions.
- Faster service delivery and reduced manual processes.
Impact
Through its fintech initiatives, KPITB has played a key role in digitizing public sector financial services across the province. The Fintech Unit supports large-scale government payment platforms used for licensing, registrations, and service fee collections, contributing significantly to improved revenue collection, service transparency, and citizen trust in digital governance.