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Enabling Quicker Remittances: WorldRemit makes its way to Pakistan

  • June 3, 2017
  • Content Desk
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Once upon a time, the very thought of transferring money online or giving your card details used to be frowned upon as people were reluctant to give their details in case of being robbed, and traditional banking methods were always preferred for handling hard earned money.

But fast forward a decade – give or take – and the times have surely changed with services such as Android Pay and Apple Pay that sync your account to your phone and make dealing with money a piece of cake.

Read: CreditFix Wins Big at FinTech Disrupt Challenge 2017: Karandaaz Pakistan

There has certainly been a boom in the emergence of mobile wallets and mobile accounts that have made transferring money as easy as swiping left and right. Pakistan, albeit slowly, is also moving towards these services.

Many international payment services have made their way to the Pakistani market, although we are still waiting on Paypal, but the prevalence of secure data systems and online money transfer services has certainly changed the way the consumers re-evaluate their approach to handling their cash.

Read: Inov8 Signs Up with Telenor Microfinance Bank for Commercial Banks Outreach

One of the international money transferring company to have set its foot in Pakistan is WorldRemit, from Islamabad to Karachi they have the entire country covered. WorldRemit offers fast and simple ways to send money to friends and family; offer industry-leading payment security; and can be used on a computer, smartphone or tablet.

Their services include: Bank deposit, within 2 working days to personal accounts at all major banks within 2 working days, however they do not transfer to business accounts; Cash pickup, instant transfer. Cash is available to be collected instantly from major banks; send money to and from JazzCash accounts in Pakistan it offers a wide range of benefits, including sending and receiving money, paying utility bills, mobile top-up (all operators), loan repayments, online payments, and much more!; Mobile airtime for Jazz, Ufone, Warid, Telenor, and Zong.
The WorldRemit app is also available on Android and iOS.

 

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Related Topics
  • Android Pay
  • Apple Pay
  • fintech news Pakistan
  • IDG Pakistan
  • Jazz
  • JazzCash
  • mobile money
  • mobile wallets in Pakistan
  • online payment
  • Telenor
  • Ufone
  • Wallet NEXT
  • Warid
  • World Remit
  • World Remit Pakistan
  • Zong
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Launched in 1967 internationally, Computerworld Magazine is the oldest tech magazine/media property brand in the world. Today Computerworld (abbreviated as CW) is an ongoing decades old professional publication which in 2014 "went digital”. In Pakistan Computerworld was launched in 1995. Initially providing news to IT executives only, once CIO Pakistan from the same family launched, and took over the domain, CW Pakistan has slowly emerged as a holistic technology news platform reporting everything tech in the country. It remains the oldest running continuous IT media publishing platform in the country and approaching 3 decades of existence, it has been the industry’s biggest benchmark and hopes to continue for years to come.
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