Tuesday, August 30, 2016

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JazzCash Launches NFC Payments

In line with offering innovative products and services, JazzCash has announced the launch of Near Field Communication (NFC) payments for its mobile account users. 


Adding more variety in the digital payment eco-system, NFC payments enable users to pay for their purchases via their mobile phone. All one requiresis a JazzCash mobile account linked to their NFC sticker, which canbe pasted on phone, wallet or a keychain.

NFC is the most advanced and swift payment method adapted at large in developed and emerging markets. We believe it is time our users benefit from the service, which offers absolute convenience and security,” said Aniqa Afzal Sandhu, VP Digital & Mobile Financial Services – Mobilink.

“The NFC stickers ensure that JazzCash users not owning NFC capable phones will also be able to enjoy the benefits this service has to offer. And apart from increasing on the current payment options available to consumers, NFC payments will also assist merchants in experiencing a new financial instrument, which shall assist in cutting down on payment processing time and fraud,” she further added.

JazzCash users can get their NFC stickers from designated Customer Experience Centers and Franchises in Islamabad, where the sticker will be instantly linked to the users’ mobile accounts. In the near future same will be done by Jazz Customer Experience Centers, Franchises and Retailers nationwide.

The mobile financial services (MFS) provider has also made this facility available to other mobile network users through its mobile account app available on Google Play Store. Android users can download the app and link their NFC stickers instantly to their JazzCash account by visiting the designated Jazz Customer Experience Center or Franchise.  

After successful linking of JazzCash NFC sticker with mobile account, users can shop from any retailer that has NFC payments facility by tapping the NFC stickerto the retailer’s device and entering the MPIN code to the USSD confirmation pop-up to confirm the payment.

For now, JazzCash has made the service available in Islamabad and Rawalpindi in partnership with more than 50 merchants. The MFS provider is aggressively pursuing partnerships with more merchants nationwide.

To promote its usage and raise awareness about its proposed benefits, JazzCash users can avail a 20% discount at Centaurus Food Court at selected outlets if payments are made through NFC.

JazzCash has more than 60,000 retail outlets across Pakistan. In the recent past JazzCash has also been engaged in digitization of passport fee payments and also biometric-based disbursements to the flood victims in Punjab. In addition, it also facilitates direct collection of donations across Pakistan. JazzCash offers both Over-the-Counter (OTC) services and Mobile- account facilities for customers along with funds transfers, payment of utility bills, corporate disbursements and mass payment collections. 




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