The day when mandis’ farmers and merchants were restricted to conducting all of their business in cash is long gone. Mobile banking and ATM services in mandis all across the nation have ushered in a new era of ease.Now that they have access to these services, farmers and dealers may conduct financial transactions in a secure and convenient manner.
Using their cellphones, they may use mobile banking to get access to their accounts, transfer money, and make payments. As a result, there is no longer a need for actual cash, which lowers the possibility of theft and increases transparency.A further benefit of ATMs being installed in mandis is that balance checks and cash withdrawals are both simple to access.
This change is especially advantageous for those who prefer to carry physical money with them at all times for various transactions.
The Market prices are expected to have an increase in comparison to the last year due to high inflation rate in Pakistan and the economic crisis nation wide is facing.