Freelancers from Pakistan have acquired greater than PKR4 billion since January 2020 utilizing a tech-based answer amid the coronavirus pandemic.
This was said by the President and CEO of Mobilink Microfinance Financial institution, Ghazanfar Azzam, throughout a media discuss held on Monday.
He shared, “Freelance work by IT professionals elevated underneath the circumstances however they had been going through the problem of remittances of very small quantities, starting from $100-$500. We devised an answer, on condition that extra professionals are taking on small IT jobs.”
“Over Rs4bn has been acquired since January 2020 by greater than 100,000 freelancers by means of Payoneer and JazzCash accounts,” Mr Azzam mentioned.
JazzCash is without doubt one of the subsidiaries of Mobilink Microfinance Financial institution, which partnered with Payoneer, an American monetary companies firm that gives on-line cash switch and digital fee companies, he defined.
The CEO additionally mentioned that as a result of discount in human interplay, and enhancements within the web connectivity the e-commerce sector has acquired quite a lot of promotion.
Sharing extra particulars Ghazanfar mentioned that JazzCash has launched a enterprise app to cater the Small and Medium Enterprise (SME) sector which is but to grasp the total advantages of a digital funds ecosystem, including that some amongst them will not be even a part of the formal economic system.
The JazzCash Enterprise App will present visibility on enterprise efficiency and automating day-to-day actions.