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Daraz.pk and Jazz Cash partnership

JazzCash provides its financial services to Daraz.pk

Islamabad – 23 January, 2017: JazzCash, Pakistan’s fastest growing mobile financial service, has partnered with ecommerce giant, Daraz.pk, in a bid to facilitate online shoppers with its convenient and secure financial services.

“JazzCash recently claimed market leadership with 1.5 million active Mobile Accounts, a feat we have achieved through our innovative digital and mobile financial services,” said Aniqa Afzal Sandhu, VP Digital & Mobile Financial Services – Jazz. “By partnering with the country’s leading online retailer, we are looking to offer online shoppers that very innovation, which will enhance their payment experience.”

Dr. Jonathan Doerr, Co-CEO – Daraz.pk, commenting on the partnership said, “The objective of this partnership is to enable our customers to experience the best of ecommerce with convenient payment systems brought to them through JazzCash. With this initiative, we plan on extending the trust, familiarity and convenience of the Daraz experience to sellers and customers.”

JazzCash has been at the forefront of the boom in local e-commerce industry with introduction of complimentary mobile financial services throughout the years. By continuously bringing innovation in their digital and mobile financial platform, JazzCash provides online shoppers a secure and convenient shopping experience, powered through their 70,000 plus nationwide retail network.

About JazzCash

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.

About Daraz

Daraz is the leading e-commerce platform in Pakistan, Bangladesh, Myanmar, Sri Lanka and Nepal. The company started in Pakistan in 2012 as an online fashion business, but since then has expanded its business model to a general marketplace for quality brands within electronics, home appliances, fashion and many other categories. Daraz is owned by CDC Group – the UK Government’s Development Finance Institution (DFI) focused on supporting and developing businesses in Africa and South Asia – as well as the Asia Pacific Internet Group (APACIG).