Easypaisa partners with Munsalik Digital to digitize microfinance sector

KARACHI: Easypaisa has partnered with Munsalik Digital (MDPL) to streamline the latter’s operational capabilities.

Through this partnership, Munsalik will be able to disburse and collect loan repayments through Easypaisa’s widespread branchless banking network, thereby introducing efficiencies, process standardization and improving the customer’s journey.

Commenting on the development, Shahzad Khan, Head of Channels, Easypaisa / Telenor Microfinance Bank has said that digitizing Pakistan’s financial landscape is a task that is imperative, yet it will take collective efforts from all the players who have a stake in the economy. “At Easypaisa, we are putting forward our best to provide all the key stakeholders with a common platform through which they can offer their services in a seamless manner. This partnership with Munsalik will be a major step in our mission drive of building a cashless economy for all Pakistanis,” he added.

Munsalik’s CEO, Syed Mohsin Ahmed said that the partnership with Telenor Microfinance Bank is of critical importance in these early days of Munsalik’s journey because it provides access to a well-established digital payment partner, thereby enabling our members who are using Munsalik’s Shared Services Platform for loan disbursements and repayments.

Copyright Business Recorder, 2021