Islamabad – October 18, 2016: JazzCash – the country’s fastest growing mobile financial service provider has announced a partnership with Tranglo, a global cross-border digital remittance hub. This highlights Jazz’s commitment of digitizing its products and services with respect to changing times and global industry practices.
Through the partnership, Tranglo’s global network of money service / remittance providers can now offer international money transfer service to JazzCash users. LycaRemit becomes the launch partner to enable mobile / electronic remittances from the UK to JazzCash mobile accounts and cash collection centers as well. This move ensures that the country’s unbanked segment will have an access to a bank account through their mobiles.
Speaking about the partnership, Aniqa Afzal Sandhu, VP – Digital and Mobile Financial Services, Mobilink, stated: “We are excited to embark on the next phase of our journey to digitalize our customer’s financial needs in a convenient and reliable manner by joining hands with Tranglo. This collaboration will allow people living in the UK to directly transfer remittances to their loved ones, who may be unable to access a bank in their area. Through such partnerships, we look forward to further empowering our rapidly increasing Mobile Account customers with access to retail and online payments.”
By utilizing this initiative, customers receiving international remittances in JazzCash Mobile Accounts can cash-out at more than 65,000 retailers and 10,000 automated teller machines (ATMs) across the country. The partnership also enables Malaysia-based Max Money, Unique Change and Incentive Remit to provide money transfer to JazzCash mobile accounts. Going forward, Tranglo will enable more partners in United Kingdom, Malaysia and make the JazzCash service available in Singapore, Spain and Gulf countries in 2017.
JazzCash, a mobile financial service offering under Jazz’s ecosystem has over 60,000 retail outlets across Pakistan. JazzCash offers a broad portfolio of Branchless Banking services for customers including money transfer, Online Payments Gateway, NFC enabled payments, payment of utility bills, corporate disbursements, mass payment collections, and insurance services.
Tranglo is a leading global financial transactions hub operator that enables cross-border airtime exchange, money transfer and bill payment. Founded in 2008, Tranglo current connectivity reaches more than 400 banks / mobile wallets, 300 mobile operators and 90,000 retail points across 110 countries. Tranglo feature-rich transaction platform is supported by our local representatives and 24×7 tech support in London, Madrid, Dubai, Kuala Lumpur, and Jakarta. For more info on Tranglo, please visit www.tranglo.com or follow our video channel at http://youtube.com/c/TrangloCo
Lycaremit is a trading name of Lycamoney Financial Services Limited. Lycaremit offers low-cost, high-speed, reliable and secure online international money transfer services as a cost-effective and convenient alternative to traditional money transfer companies and high street agents. The Lycaremit online service enables customers to send money to friends and family across 80 countries at ultra-competitive rates. Lycaremit was born out of a vision to simplify the process of sending money abroad and to provide a fast and effective means to transfer money online, anywhere around the globe.