KARACHI April 21 (EPI): JS Bank, one of Pakistan\u2019s fastest-growing financial institutions, has exclusively partnered with Instant Cash, a company within the FINTX portfolio and a global money transfer brand, to launch JS GharPay, the country\u2019s first door-to-door remittance service.<\/p>\n
This innovative offering ensures beneficiaries receive remittances directly at their doorstep, providing convenience, reliability, and security\u2014all free of charge.<\/p>\n
The JS GharPay service removes the need for beneficiaries to visit bank branches or agent locations, addressing a key challenge for recipients, especially in remote or rural areas. By delivering remittances directly to homes, the service saves time, reduces transportation costs, and enhances financial access for underserved communities.<\/p>\n
The service was introduced at a launch event attended by leadership teams from JS Bank, and Instant Cash, including Basir Shamsie, President & CEO of JS Bank, Syed Jafar Raza, Group Head – Investment, International & Transactional Banking at JS Bank, Nasir Hussain, Head- International Home Remittances at JS Bank along with, Usman Bin Raees, COO of Instant Cash.<\/p>\n
Speaking at the launch President & CEO JS Bank, Basir Shamsie said, \u201cJS Bank is committed to introducing innovative solutions that address the needs of our customers. With JS GharPay, in partnership with Instant Cash, we are setting a new standard for remittance services in Pakistan.<\/p>\n
This service ensures a safe, reliable, and convenient way for families to receive funds, particularly in areas where access to financial services is limited.\u201d<\/p>\n
Syed Jafar Raza, Group Head Investment, International and Transaction Banking- JS Bank commented, This space is critical for the NRP\u2019s and larger communities. The market needs this much needed innovation for the beneficiaries of Home Remittances and Partners.<\/p>\n
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