JazzCash Mobile Account Records 100 Million+ Transactions During 2016
Claims market leadership with 1.5 million active Mobile Accounts; Over 10 million Warid subscribers to now also benefit from Mobile Account services
Islamabad – 5th January, 2017: JazzCash has announced that during the year 2016 a record high 100 million plus financial transactions were performed through its Mobile Accounts – almost four-times increase compared to 2015. In addition, with more than 1.5 million monthly active Mobile Accounts, JazzCash is now the leading mobile financial services provider in the Mobile Accounts category.
Commenting on this milestone, Aniqa Afzal Sandhu, VP Digital & Financial Services – Jazz, 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 team work 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,” she further added.
JazzCash Mobile Account can now also be accessed by Warid’s 10 million plus subscribers, who can register free of cost by dialing *786#. Warid subscribers will be able to take advantage of all Mobile Account services through a USSD interface as well, in addition to the Mobile App.
JazzCash Mobile Account is increasingly becoming popular in providing digital financial services to Pakistanis from all walks of life. With a newly redesigned simplified USSD interface and an Android Mobile App, the account can be accessed anytime, anywhere by customers across the country who can deposit and withdraw cash from over 65,000 JazzCash Agents. The product fulfills all basic financial services needs of customers including deposits, money transfer, bill payments, mobile top-ups, savings, insurance, ATM cards and payments for a variety of services.
JazzCash, a mobile financial service offering under Jazz’s ecosystem has over 65,000 retail outlets across Pakistan. JazzCash offers a broad portfolio of Branchless Banking services for customers including money transfer, bill payments, bank transfers, mobile accounts services, ATM cards, insurance, savings, payment gateway and payments for a variety of services.