Pakistan’s Digital Payment Channels Process 88% of Retail Transactions, Showing Strong Growth in Q2-FY25

Pakistan’s digital payment channels processed 88% of retail transactions in Q2-FY25, with a 12% increase in transaction volume and a 28% rise in value. Mobile banking apps, e-money wallets, and branchless banking services played a pivotal role in driving growth. SBP’s initiatives continue to fuel financial inclusion and efficiency.

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WE Partners with CIB to Enhance Financial Services and Digital Inclusion in Egypt

WE has partnered with Commercial International Bank (CIB) to offer tailored financial services to WE customers across Egypt. This collaboration aims to enhance financial inclusion, promote financial literacy, and integrate the informal economy into the formal financial sector, contributing to Egypt’s digital transformation and improving access to banking services.

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Telecom Egypt’s WE Partners with CIB to Enhance Financial Inclusion and Digital Banking in Egypt

Telecom Egypt’s WE has partnered with Commercial International Bank (CIB) to provide innovative digital financial services to millions of customers across Egypt. This collaboration aims to enhance financial inclusion and promote the integration of banking services within the WE digital ecosystem, contributing to Egypt’s digital transformation goals.

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Basata Pay: Empowering Financial Inclusion in Egypt Through Seamless Digital Payment Solutions

Basata Pay is transforming Egypt’s financial landscape by offering secure, user-friendly digital payment solutions. With over 40 million users, the platform connects service providers, merchants, and consumers, allowing seamless payments for various services. Spanning all 27 governorates, it boasts 150,000 points of sale nationwide, driving financial inclusion.

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JazzCash and Salaam Family Takaful Launch Salaam Investments for Sharia-Compliant Financial Growth

JazzCash, in collaboration with Salaam Family Takaful, has launched Salaam Investments, a Sharia-compliant investment solution for its 13 million users. The platform allows users to set financial goals, earn daily profits, and provides accidental insurance. This initiative aims to promote financial inclusion and empower underserved communities in Pakistan.

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