15 June 2023

JazzCash and Community Business Agent (CBA) have formed a partnership to provide Cash-In and Cash-Out services to JazzCash customers through CBA’s retail network.

The collaboration is expected to have a significant impact on the digital financial services industry in Pakistan, making it more convenient and accessible for customers.

JazzCash is a leading mobile wallet and branchless banking services provider with a significant market share in mobile money activity in Pakistan. CBA is the country’s largest digital distribution platform, promoting micro-entrepreneurship in the country.

Ghazanfar Ali Khan, CBA’s CEO, emphasised the company’s commitment to elevating micro-entrepreneurship and helping small and medium-sized enterprises (SMEs) to scale upwards and achieve financial sustainability.

“This partnership is a significant step towards promoting financial inclusion in Pakistan. By joining forces, these two leading companies are making it easier for people to access and use digital financial services, which will positively impact their lives,” said Khan.

Murtaza Ali, the head of JazzCash, meanwhile, highlighted the importance of strategic partnerships in building new verticals and avenues that will result in building an ecosystem for payments.