Mobicash is now ‘JazzCash’
Mobilink
has introduced ‘JazzCash’ as its brand name for Mobile Financial Services (MFS)
to replace itsMobicash brand. The decision was made to further strengthen Jazz as
a one-stop solution to cater to the wider needs of subscribers in a digitally
progressive world.
Talking
about the launch, Aamir Ibrahim, Deputy CEO & CCO – Mobilink, said:“The
reintroduction of Jazz as the face of Mobilink’s digital journey meant a string
of communication solutions under the Jazz ecosystem primed for the digital
age. In this way, our latest offering,
JazzCash, is version 2.0 of our mobile financial service, Mobicash.”
“For
our customers,Jazz is not just a SIM, it is a platform to further success.
Through our combined product offerings under the Jazz ecosystem, we will aim for
our customers to understand that that the device they hold in their hands has
the power to change their lives and of those around them,” he added.
“In
a world powered by the internet, it is imperative that we, as a nation, double
our efforts to keep pace with the ever changing environment. Mobilink has taken
great strides in this regard over the past few years, and the launch of JazzCash
as a digitally powered mobile financial service enables us to cater to a larger
unbanked market as smartphone usage increases across the country,” said Aniqa
Afzal Sandhu, Head of Mobile Financial Services – Mobilink.
While
talking about the diverse portfolio that JazzCash offers, she added, “Our ever
growing product portfolio now includesDomestic Remittances, Transfers to and
from Banks, Bill Payments, Mobile Top Ups, ATM Cards, Passport Fee Payment, Online
Payment Gateway, Savings, and NFC payments& Life insurance. In addition, we
have added more digital channels through which these services can be accessed;our
mobile applications for customers and agents will certainly further improve
accessibility and reach of financial services for Pakistanis.”
With
the launch of JazzCash, available at over 60,000 retail outlets nationwide, Mobilink
is looking to revolutionize the way people utilize mobile banking by way of
digital integration. In this regard, under JazzCash three new services were
announced.
First
and foremost, for facilitation of growing number of smartphone users, JazzCashlaunched
an Android based Mobile Account application. This application offers a user
friendly interface and a secure transactions platform allowing customers of all
networks to perform all necessary financial transactions, which were previously
being done only through USSD which was available for Jazz subscribers only.
Secondly,
keeping in mind the rapidly growing e-commerce industry, JazzCash is
introducing a payment mechanism for online purchases powered with an escrow
feature. Subscribers will have an option to pay through their JazzCash Mobile
Account and Retailers. In addition, customers of other banks can also pay
through Credit or Debit card.
Lastly,
Mobile Account users will now also be facilitated through a JazzCash NFC
Payment solution. The ‘tap n pay’ facility will soon be available at a number
of merchants nationwide over the coming months as a part of providing customers
a unique shopping experience at par with international standards.
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, e-commerce purchasing and saving, NFC
enabled payments, payment of utility bills, corporate disbursements, mass
payment collections, and insurance services.
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