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easypaisa x Unikrew Solutions – Fueling Tech-Driven Transformation

In recent years, Pakistan has witnessed a rapid expansion of digital financial services, driven by a collective effort to foster financial inclusion and empower its population through technological innovation. Among the key players spearheading this transformation is easypaisa, the country’s leading digital financial services platform, collaborating with Unikrew Solutions, a technology provider specializing in identity management and digital lending platforms. Together, both entities are on a mission to revolutionize the fintech landscape of Pakistan by leveraging strategic collaborations and innovative tech-based solutions to create a more inclusive and prosperous future for all Pakistanis.

The Power of Collaboration

Pakistan’s digital economy is experiencing tremendous growth, propelled by advancements in cloud computing, AI, and big data. In Pakistan, where approximately 65% of the population is young and falls between the ages of 15 and 40, this demographic trend is fueling even greater internet penetration.

Being an agile organization, easypaisa recognizes this trend and continues to play its part in evolving its services and enabling access to fintech tools for every Pakistani. At the heart of its success lies its strategic partnerships with like-minded organizations like Unikrew Solutions, which enable easypaisa to harness cutting-edge technologies and expertise to deliver customer-centric solutions that address the evolving needs of Pakistan’s diverse population. The strategic collaboration has enabled both entities to unlock new avenues for growth and innovation.

Empowering Women Through Financial Inclusion

One of the core initiatives undertaken by easypaisa and Unikrew Solutions is aimed at empowering women through enhanced access to financial services. Recognizing the importance of gender equality in financial inclusion, both entities have launched joint initiatives supported by USAID to bridge the gender gap in access to digital finance. Through these initiatives, women in Pakistan are provided with easy and convenient access to financial resources, enabling them to participate more actively in the economy and achieve greater financial independence.

The strategic collaboration has led to the development and deployment of innovative solutions to enhance financial inclusion across Pakistan. One such solution, facilitated by Unikrew’s partnership with Veridium, is the integration of patented remote biometrics verification technology into easypaisa’s digital banking ecosystem. This technology, known for its high success rates, allows customers to complete regulatory procedures such as account activation and verification from the comfort of their homes, eliminating the need for physical visits to bank branches and increasing accessibility to financial services for underserved segments of society.

Secure Digital Transactions

In addition to enhancing accessibility, easypaisa and Unikrew Solutions are committed to ensuring the security of digital transactions. With the acquisition of in-principle approval for a Digital Retail Bank license from the State Bank of Pakistan (SBP), easypaisa has taken proactive measures to strengthen the security of its digital banking products. By aligning with SBP’s guidelines and leveraging advanced technologies for identity management and fraud prevention the digital financial service platform aims to provide customers with a secure and seamless digital banking experience.

Driving Social and Economic Progress

Beyond the realm of financial services, both easypaisa and Unikrew Solutions are committed to Pakistan’s social and economic progress. Through initiatives focused on digital literacy and skill development, they empower individuals and communities to leverage digital technologies for personal and professional growth. By democratizing access to financial resources and promoting digital literacy, easypaisa, and Unikrew Solutions are laying the foundation for a more inclusive and prosperous society.

As Pakistan continues its journey towards digital transformation, collaborative efforts between industry leaders like easypaisa and technology partners like Unikrew Solutions are instrumental in driving financial inclusion and empowering individuals across the country. Through strategic partnerships and innovative solutions, they are reshaping the financial landscape of Pakistan and paving the way for a brighter and more inclusive future for all Pakistanis.

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