To reach the goals for financial inclusion in the region, Special Communications Organization (SCO) has joined hands with JS Bank for the launch of its branchless banking services in Azad Jammu & Kashmir and Gilgit-Baltistan.
The two organizations recently held a contract signing ceremony for the agreement. The contract signing ceremony was attended by Major Gen Ali Farhan, HI (M), DG SCO and President & CEO Mr. Basir Shamsie from JS Bank.
Under the partnership the two companies have envisioned a brand ‘S-Paisa,’ with the aim to empower more than 6 million people of Azad Jammu & Kashmir and Gilgit-Baltistan through state-of-the-art, convenient and secure branchless banking services.
SCO’s spokesperson speaking about the partnership said, “We are delighted to have partnered with JS Bank to make Mobile Financial Services accessible to the people of AJ&K and GB. S-Paisa will not only bring ease to the lives of millions of people but also prove to be a great contributor to the region’s socio-economic development in the longer run.