Home Telecom JazzCash Achieves Record Growth in Q1 2018

JazzCash Achieves Record Growth in Q1 2018

 JazzCash Achieves Record Growth in Q1 2018

ISLAMABAD – Monday, 30 April, 2018: JazzCash, Jazz’s mobile financial product, has achieved record
growth in its Mobile Account customers during the 1st quarter of 2018. As per official figures, JazzCash


added half a million customers to its thirty day active base in record time of just 70 days, bringing the
total active user base to over 3.5 million customers – a large step towards its mission to introduce
formal financial services to the unbanked.
During the quarter, JazzCash observed a growth of over 100% in terms of Mobile Account transactions
versus the same quarter last year – over 90 million financial transactions performed. During the same
time, customer balances in Mobile Accounts also increased by over 100%.
“JazzCash being the leading Mobile Wallet provider in the country is determined to bring convenient,
safe and secure mobile financial services to Pakistan and our growth in this area during last quarter is a
testament to this commitment,” said Aniqa Afzal Sandhu, Chief Digital & Financial Services Officer at
Jazz.
JazzCash Mobile Account is an increasingly popular mobile financial service for the unbanked and under
banked segment providing various financial services such as Deposits, Savings, Money Transfer, Bill
Payments, Mobile Top-ups, Insurance, Retail and Online Payments, Debit Cards, Loans and payments for
vast number of services across the country.
Jazz or Warid customers can register for Mobile Account simply by dialing *786#, whereas other
network customers can register through biometric verification at any authorized agent. Customers are
offered the facility to deposit cash absolutely free of any charge or taxes at over 75,000 JazzCash Agents
across Pakistan and can immediately start performing transactions through their mobile phone.

Must Read

Mobilink Microfinance Bank joins the coveted global club of ACCA Approved Employers

Mobilink Microfinance Bank Ltd. (MMBL), Pakistan’s largest digital bank, has been recognized as an Approved Employer for its outstanding employee development and training initiatives...

TECNO brings exciting discount offers on Daraz Mobile Week 2021

Lahore – Friday, June 18, 2021: TECNO brings exciting offers for the fans on the Daraz Mobile Week 2021. There will be up to...

vivo Introduces Amazing Offers for Daraz Mobile Week 2021

vivo presents amazing offers to its customers in collaboration with Daraz.pk for Daraz Mobile Week 2021 starting from June 16, 2021. The customers are...

Jazz partners with Sinch to secure A2P messaging for its mobile subscribers

Sinch’s Managed SMS Firewall and A2P Services to deliver spam and fraud protection for 69 million Jazz subscribers     Islamabad – June 16, 2021: Sinch AB...

realme Brings Jaw Dropping Discounts on Daraz Mobile Week 2021

Lahore, Pakistan – Thursday, June 17, 2021: The month of June is getting more excited for realme fans as the company has brought in fantastic...