Business Desk 
Oct 25, 2024
JazzCash, Pakistan’s largest fintech organisation has signed a contract with Dgpays, a leading financial infrastructure technology provider in the EMEA region to upgrade payment gateway and transform digital wallet adoption in Pakistan.
This partnership will enable JazzCash to offer faster transactions, and a holistic merchant management system, and enhance both merchants' and consumers' convenience and security in Pakistan with the new payment technologies that drive financial incluison, and simplify digital payments.
Digital Wallets let you enjoy quick, and hassle-free transactions which is driving immense growth in cashless payments in Pakistan.
Moreover, adopting cutting-edge encryption will protect you from fraudulent activities, ensuring a secure shopping experience. Due to this, the number of digital wallet transactions experienced an exponential hike of 134% year-on-year to 269 million for the 12 months ended 30 June 2024, accounting for 87% of all online e-commerce payments.
Read more: JazzCash announces ‘Tap-Pay for Businesses’
Almost 1,700 e-commerce merchants from different industries are currently availing the Jazzcash services. Impressively, Pakistan’s largest fintech organisation has successfully processed over 110 million transactions in the first quarter of the year and experienced a great surge of 150% year-on-year.
JazzCash President Murtaza Ali stated: "At JazzCash, we are dedicated to empowering businesses, from microentrepreneurs to startups and SMEs, with the financial tools they need to thrive in an increasingly digital economy. As Pakistan’s e-commerce sector undergoes unprecedented growth, JazzCash is committed to providing secure, seamless, and swift payment solutions. Our new payment gateway will enable thousands of e-commerce merchants to accelerate their growth by streamlining transactions, simplifying checkout, and enhancing security."
Dgpays CEO and Founder Serkan Omerbeyoglu stated: "We are pleased to partner with JazzCash to bring our advanced payment gateway solutions to Pakistan's dynamic fintech market. At Dgpays, we focus on building innovative, scalable payment infrastructures that empower businesses to grow and customers to transact securely and seamlessly. By collaborating with JazzCash, we are enhancing digital payment capabilities and driving financial inclusion in a region poised for immense growth."
This partnership between JazzCash and Dgpays will boost customer trust and loyalty, ensuring to offer a secure and convenient online transactions options.
