Islamabad: July 29, 2024: easypaisa, Pakistan’s leading digital financial services platform, has announced a strategic partnership with Faysal Bank Limited (FBL), one of the premier commercial banks in Pakistan, to simplify the process of receiving international remittances.
This collaboration enables customers around the world to send remittances directly into their easypaisa wallets using Faysal Bank’s extensive remittance network, enhancing convenience and accessibility for millions of Pakistanis.
The signing ceremony which took place at easypaisa’s regional office in Islamabad was attended by distinguished executives and leadership teams from both organizations, including Farhan Hassan, Head of easypaisa Wallet Business, and Shahmeer Nadeem, Head of Product Management, from TMB/easypaisa. From Faysal Bank, Yaquta Marvi- Unit Head of Business Development and Marketing, Ziad Aftab Ejaz, Global Head Remittances, along with members of Corporate Banking attended the ceremony.
Commenting on the occasion, Farhan Hassan, Head of easypaisa Wallet Business, TMB/easypaisa, said, “In Pakistan, remittances are a crucial lifeline that supports families and fuels dreams. In a country, where remittances play an integral role in financing economic spending and expenditure, our partnership with Faysal Bank is a leap towards digital and financial inclusion offering seamless remittance collection services. As Pakistan’s digital finance leader, we are not just moving money; we’re propelling Pakistan towards a future of financial empowerment and limitless possibilities.”
Ziad Aftab Ejaz- Global Head Remittances- CIBG, Faysal Bank Limited, shared his insights on the collaboration, stating, “Faysal Bank plays a pivotal role in the development of Pakistan’s financial ecosystem. By partnering with easypaisa, we aim to empower millions of easypaisa users to effortlessly receive funds from their loved ones abroad. This initiative will not only benefit mobile wallet users but also promote the regulated flow of remittances, significantly contributing to Pakistan’s economic growth.”
The integration of Faysal Bank’s remittance services with easypaisa’s user-friendly mobile app ensures that customers can easily track, receive, and manage their remittances. easypaisa’s extensive agent network, combined with Faysal Bank’s comprehensive reach, guarantees that customers can access their funds with ease, thus fostering financial inclusion and economic stability.
With over 40 million registered mobile accounts and counting, easypaisa continues to lead Pakistan’s digital financial services landscape, through the power of technology and collaboration.
To read our blog on “TMB to achieve the remarkable PCI DSS certification,” click here
