BISP And JazzCash Join Forces For Advanced Payment Solutions In 2024

Benazir Income Support Program has decided on an appropriate solution for the Payment deductions and insult the Beneficaries face while traveling to the campsite for their 10500 Payment, therefore BISP And Jazzcash join forces For Advanced payment so that they can speed up the process for the 8171 cash transfer into the Accounts of Beneficaries directly.

BISP and JazzCash Join Forces for Advanced Payment

With an emphasis on women’s inclusion, the largest fintech company in Pakistan, JazzCash, is happy to announce that it has been selected as one of the few prestigious financial institutions to collaborate with the Benazir Income Support Program (BISP) to distribute funds meant to empower marginalized communities. 

1.3 Million Beneficaries Will receive Payment Through JazzCash

The Benazir Income Support Program has partnered with six additional banks and expanded its payment structure. As a result, each bank now holds a portion of the beneficiaries’ payments. JazzCash has also committed to distributing payments to 13 lakh beneficiaries. A total of 1.3 million beneficiaries will receive payments through this method.

JazzCash will use its extensive national network of agents and stores to transfer money to over 1.3 million recipients as part of this partnership.

Contract Of JazzCash and EasyPaisa

The most well-known social protection agency in Pakistan, BISP, provides financial support to almost 9 million women. Every lady would receive quarterly financial Support of Kafalat 10,500 Payments for three years. JazzCash will deploy biometrically enabled services to facilitate cash withdrawals as part of the three-year arrangement.

Pakistani districts where JazzCash will be available

Conclusion

The partnership between BISP and JazzCash marks a significant advancement in payment solutions for beneficiaries. By leveraging JazzCash’s extensive network, over 1.3 million recipients will receive their funds more efficiently and securely. This initiative not only streamlines the payment process but also enhances financial inclusion, particularly for women across various regions in Pakistan.