In recent news, it has been reported that the Punjab government has acknowledged a long-standing demand from Lahore Car Dealers. This demand revolves around the implementation of Islamabad's Biometric System in Punjab, replacing the current system. This development has sparked a wave of optimism among car dealers, who believe that this change will revolutionize their businesses and enhance the overall efficiency of the process.
The President of the Lahore Car Dealers Federation, Shahzada Saleem, has emphasized the detrimental impact of the current biometric system on the car dealers' business in Punjab.
According to Saleem, approximately 35% of their business has been adversely affected due to the limitations of the existing system. He highlights a fundamental disparity between Punjab and Islamabad Biometric Systems that significantly impact car dealers in Punjab.
Islamabad Biometric System: A Game-Changing Approach
The distinguishing feature of the Islamabad Biometric System is the concept of "open biometrics." Under this system, dealers can sell cars using an open letter, eliminating the need for an immediate transfer of ownership.
As explained by Saleem, the car remains parked at the showroom under an open letter and is only transferred to the new owner upon finalization of the sale deal. This flexible approach facilitates a seamless and efficient process for car dealers in Islamabad.
The Limitations of Punjab's Current Biometric System
Contrary to the Islamabad Biometric System, Punjab's existing system necessitates the transfer of ownership to the car dealer's name before any further sale can occur. This mandatory transfer of ownership poses a significant challenge for car dealers, as it disrupts their business operations.
According to Saleem, this requirement compels car dealers to complete the transfer process twice, thereby impeding the smooth flow of transactions and hindering showroom businesses.
Addressing the Critical Issues
While experts acknowledge the transparency provided by Punjab's Biometric System, both the Islamabad and Punjab systems suffer from a shared critical loophole: the requirement of physical presence for both the seller and the buyer.
This raises a pertinent question: Why is physical presence necessary in an otherwise digitalized system? The inefficiency and inconvenience caused by this requirement highlight the need for a more streamlined and user-friendly approach.
The Road to a Digitalized Future
To overcome the limitations of the current biometric systems in both Islamabad and Punjab, it is imperative to embrace a progressive digitalization strategy. By implementing an advanced online platform for car transactions, we can revolutionize the car dealership industry and ensure a smoother, more efficient experience for all stakeholders involved.
Advantages of an Online Biometric System
The adoption of an online biometric system offers numerous advantages, including:
- Convenience: Allowing sellers and buyers to complete transactions remotely, eliminating the need for physical presence.
- Time Efficiency: Accelerating the transaction process through automated verification and seamless digital documentation.
- Expanded Market Reach: Facilitating transactions beyond regional boundaries, enabling car dealers to connect with a broader customer base.
- Enhanced Security: Implementing robust encryption and authentication measures to safeguard sensitive information and prevent fraudulent activities.
- Improved Customer Experience: Offering a user-friendly interface, real-time updates, and comprehensive transaction records for buyers and sellers alike.