Islamabad – 5th February, 2019:JazzCash, Pakistan’s leading mobile
financial service provider, achieved the milestone offive Million Monthly Active
Mobile Account Subscribers[1].
This signals Pakistan’s steady rise towards financial inclusion and upward
economic mobility of communities.This would not have been possible without the
customer’s trust who have processed nearly half a billion transactions
approximately amounting to PKR 1 trillion in 2018, a growth of 59% in
transactions and 75% in value compared to 2017.
Commenting on the 5 million mark for JazzCash, Aamir Ibrahim,
CEO, Jazz, said, “We always knew Pakistan had the readiness to adopt
technology, but the pace of digital transactions uptake is far greater than
expected. JazzCash is not just any Mobile Account, It is an end-to-end service
for all customer needs using state-of-the-art financial services.”
In the last six months, JazzCash has also upgraded its Mobile
Application. The Mobile Account registration through the Mobile App for both
Android and iOS users is made extremely simple. Now users belonging to any
mobile operator can sign up on the mobile app within minutes. The JazzCash
Mobile App now allows for features such as Instant QR payments from its home
screen, Passport Payments and Ticketing, etc.
Mr. Aamer Ejaz, Chief Digital Officer at Jazz, commented on
this achievement and said,” JazzCash continuously strives to improve its
offerings for its valued subscriber base and tries to ensure that their payment
journey remains convenient and seamless. This huge milestone achievement of 5
million monthly active mobile account users, along with the remarkable growth
in transactions conducted through JazzCash is testimony to not only the
popularity of our services but also our success in gaining customer confidence
for our offerings.”.
During 2018, JazzCash also introduced
an improved EMV (chip-based) VISA Debit Card for Mobile Account subscribers,
which is the most secure card currently available in the market. This card provides
convenience to shop at more than 50,000 merchants nationwide or withdraw cash
at any bank’s ATM.
JazzCash Mobile Account is increasingly becoming popular in
providing digital financial services to Pakistanis from all backgrounds. With a
simplified USSD interface and Mobile App that is available for both iOS and
Android devices, the account can be accessed anytime, anywhere by customers
across the country who can deposit and withdraw cash from over 75,000 JazzCash
Agents. The product fulfills all basic financial services needs of the customers
including deposits, money transfer, bill payments, mobile top-ups, savings,
insurance, ATM cards and payments for a variety of services
#TaimoorAlvi
#TaimoorAlvi
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