Categories: News

JazzCash records more than 100 million transactions during 2016

JazzCash has announced that more than 100 million financial transactions were made during the year 2016 through its Mobile Accounts, up 4 times as compared to 2015.

JazzCash is now the leading mobile financial services provider with more than 1.5 million monthly active Mobile Accounts. Aniqa Afzal Sandhu, Jazz VP Digital & Financial Services, said,

“This is a very special moment for all of us. Back in 2013, when we were still in the initial stages of setting up this division, we had an ambition to become the market leader by 2016. With great teamwork and trust of our customers, we have achieved this milestone. Now more money transfer transactions are performed through Mobile Accounts than Over-the-Counter services, which shows how successful we have been in not just acquiring, but also educating customers. I also want to take this opportunity to welcome our Warid customers to JazzCash. We will continue to strive hard in providing the best possible financial solutions to all our customers,”

With Mobilink and Warid merger, now JazzCash Mobile Account can also be used by more than 10 million Warid subscribers. The registration can be made free of cost by dialing *786#.

JazzCash, a digital financial service provider under Jazz’s ecosystem, has thousands of retail outlets in Pakistan. It offers branchless banking solutions like money transfer, mobile account, ATM cards, bank transfers, savings and others. With Mobile Account, users can access their accounts anywhere, anytime.

Sponsored
Maheen Kanwal

Maheen Kanwal is a Tech Journalist at TechJuice. She covers the latest technological, telecom and business related, local & global news. (Reach at maheen@techjuice.pk)

Share
Published by
Maheen Kanwal

Recent Posts

IDEAS 2024 Achieves $36 Billion in Defense MoUs with Global Partners

Karachi: Pakistan has executed 82 Memoranda of Understanding (MoUs) with favorable nations to export defense…

9 mins ago

SBP Releases Rs55 Coin in Honor of Guru Nanak’s 555th ‘Jayanti’

The State Bank of Pakistan(SBP) issued a commemorative coin on Friday to mark the 555th…

2 hours ago

OpenAI Considers Powering Galaxy AI with ChatGPT for Future Samsung Phones

OpenAI, the creator of ChatGPT, is reportedly in discussions with Samsung to integrate its artificial…

2 hours ago

Rising Costs Shrink Honda Atlas Q3 Profit to Rs257 Million

Honda Atlas Cars (Pakistan) Limited (HCAR) reported a nearly 62% decrease in profit-after-tax (PAT) for…

4 hours ago

Rumors Indicate iPhone 17 May Feature Unconventional Camera Design

Apple is reportedly preparing for a significant design overhaul with its iPhone 17 series, blending…

20 hours ago

First AI-Powered Teacher Launched in Pakistan’s Private School

Karachi: A private school in Karachi has unveiled Pakistan’s first AI-powered teacher, a groundbreaking move…

21 hours ago