Thursday, January 12, 2017

JazzCash and Western Union Expand Access to International Remittances

ISLAMABAD – The Western Union Company, a leader in global payments services joined hands with JazzCash to enable the JazzCash customers to receive international money transfers sent through Western Union at Jazz Experience Centers and Mobilink Microfinance Bank Branches (MMBL).

Speaking at the signing ceremony, Aniqa Afzal Sandhu, Vice President, Digital and Mobile Financial Services, Mobilink, said, “JazzCash has always looked to provide the best digital and mobile solutions to meet the financial needs of its customers. With the addition of this service which enables the receipt of international money transfers through Western Union, we are adding a significant degree of convenience and reliability for families who rely on financial support from abroad to run their households.”


Asad Iftikhar, Senior Manager, Western Union Pakistan and Afghanistan, commenting on the alliance said that these are exciting times for the financial industry as mobile is playing a key role in enabling new financial services, which offers convenience of delivery and added reliability.

“We are pleased to connect with JazzCash, to offer innovative money transfer services,” he added.

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.

The Western Union Company (NYSE: WU) is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders.
As of September 30, 2016, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of over 550,000 agent locations in 200 countries and territories and over 100,000 ATMs and kiosks, and included the capability to send money to billions of accounts. In 2015, The Western Union Company completed 262 million consumer-to-consumer transactions worldwide, moving $82 billion of principal between consumers, and 508 million business payments.


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