Islamabad, Pakistan <29 November 2021> – Today, JazzCash, Pakistan’s leading fintech with over 14 million monthly active users and KaiOS Technologies, maker of the leading mobile operating system for smart feature phones announced the release of JazzCash on KaiOS. With this, JazzCash will be providing a broad portfolio of digital payment services to hundreds of thousands of KaiOS users using any mobile network in Pakistan and abroad. Upon launch, the JazzCash app will become the first mobile account in Pakistan to offer mobile payment services for the unbanked smart feature phone users.
Expanding the app coverage to KaiOS, JazzCash allows users to transfer money to and from any bank or mobile account, pay utility bills, top up for airtime and data, and make use of the ReadyCash feature to request for short-term instant loan.
Key features of the JazzCash app:
1. Money Transfer
2. Bill Payment
3. Prepaid/ Postpaid Top Up
4. ReadyCash (digital loan feature)
5. QR Payment
Being the third largest unbanked adult population globally with 100 million adults without a bank account, many Pakistani have no access to formal banking services and have to rely solely in cash and transact in person. A safe and easy-to-use mobile payment app to be used on an affordable internet-enabled phone could easily reach these individuals, offering them essential and reliable financial services, e.g. e-government bill payment, money transfer, top-up data, small loan request, and help them become fully included – both digitally and financially.
“There is a real desire in JazzCash when it comes to financial inclusion. Creating a strong business and building a better Pakistan in parallel are key contributors of long-term success for JazzCash. This agreement will contribute in achieving that as we look forward to include more and more Pakistanis to the fold of JazzCash.” Mr Murtaza Ali, CEO of JazzCash.
“We’re excited to welcome JazzCash on KaiOS to further enrich our digital payments ecosystem,” said Sebastien Codeville, CEO of KaiOS Technologies. “Meeting the mobile money needs of the unbanked, first-time internet users is a vast opportunity. This partnership with JazzCash underscores our reinforced focus to be the ultimate solution to enable both digital and financial inclusion for the new internet adopters, delivering a simple yet secure mobile payment experience to positively improve their lives.”
Available starting today, JazzCash can be downloaded via the KaiStore to all new and existing Digit 4G devices in Pakistan, including Digit 4G Classic, Digit 4G Bold, Digit 4G Defender, Digit 4G Elite, Digit Power, Digit 4G Power and Digit 4G Music.
About KaiOS Technologies
KaiOS Technologies powers an ecosystem of affordable digital products and services, and exists to empower people around the world through technology. Its flagship product, KaiOS, is the leading mobile operating system for smart feature phones with more than 150 million devices shipped in over 150 countries. Kai’s mission is to open up new possibilities for individuals, organizations, and societies by bringing mobile connectivity to the billions of people without internet in emerging markets, as well as providing those in established markets with an alternative to smartphones. KaiOS is based on HTML5 and other open web technologies. Devices running on the platform require limited memory, while still offering a rich user experience through access to apps like WhatsApp, Facebook, YouTube, Google Maps and many more.
JazzCash is Pakistan’s leading fintech with over 14 million monthly active customers, 80,000 retail outlets and of over 100,000 merchants nationwide. JazzCash offers a broad portfolio of branchless banking services for customers, including travel, ticketing, entertainment, money transfer, bill payments, debit card, insurance, savings, and payments for a wide variety of services.
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