JazzCash partners with Paymob to expand acceptance of digital payments


Paymob, the leading omnichannel payments facilitator in MENAP region, and JazzCash, Pakistan’s first Fintech and part of VEON Group, announce their partnership to expand digital payments acceptance in Pakistan. JazzCash mobile wallet payments will now be accepted by Paymob merchants and processed seamlessly through the Paymob gateway.

“This partnership with JazzCash enabling merchants to accept wallet payments is a significant step in digitizing payment acceptance. JazzCash customers who shop online through Paymob’s gateway will now have the option to conveniently pay via This strategic partnership with JazzCash will serve to grow Pakistan’s payment ecosystem,” said Fawad Abdul Kader, Country Manager, Paymob Pakistan.

This partnership will allow SMEs and merchant companies to increase their turnover thanks to an additional payment solution integrated into their payment system. Customers who do not have a conventional bank account or card can now pay merchants directly through their JazzCash digital wallets.

Not only does this ensure greater access to a variety of customers from different demographics, but a merchant registered with Paymob can receive instant payments through customers’ digital wallets.

Additionally, for the e-commerce retailer, this immediate settlement translates into better management of cash flow and operational costs.

“Our collaboration with Paymob aims to expand financial inclusion by making it easier for consumers to access additional digital payment platforms, encouraging users to transact digitally and helping move Pakistan towards a cashless economy,” Murtaza said. Ali, head of JazzCash.

Since its inception in 2015, Paymob has been disrupting the fintech landscape in the Middle East with the latest payment acceptance solutions. The evolving e-commerce market in Pakistan is full of opportunities to equip budding traders to build their marketplaces. Integration with JazzCash as a payment channel in Paymob’s e-commerce gateway SDK will enable smooth and hassle-free payment collection for merchants nationwide.

Paymob currently serves the payment acceptance needs of over 150,000 merchants in the MENAP region by providing the latest payment acceptance solutions while driving financial inclusion in markets such as Pakistan, which ultimately translates through economic growth. With approximately 16.2 million monthly active users (MAUs), the JazzCash app champions a multitude of sustainable goals and innovatively reduces inequality through secure digital financial services.

Source link

Elaine R. Knight