Easypaisa, Pakistan’s leading digital payments system, has partnered with Munsalik Digital (MDPL) to improve the latter’s operational capabilities. Through this partnership, Munsalik will be able to disburse and gather loan repayments through Easypaisa’s widespread branchless banking network, thereby introducing efficiencies, procedure standardization, and improving the customer’s journey. MDPL has been digitizing the customer on-boarding process for microfinance institutions using a loan management system (LMS) and this partnership with Easypaisa will help in providing seamless integration through open APIs.
Easypaisa continues to be at the forefront of continuously bringing innovation in the electronic financial landscape through the energy of collaboration and technology and this partnership with Munsalik Digital is another step in this regard. The platform is increasing horizons for a variety of its partners to innovate Pakistan’s financial ecosystem and present the masses to easy, convenient, and secure digital financial services.
Activities on the development, Shahzad Khan, Head of Channels, Easypaisa / Telenor Microfinance Bank stated:
“Digitizing Pakistan’s economic landscape is a task which is imperative, yet it will take group efforts from all the gamers who have a stake in the economy. At Easypaisa, we are putting forward our best to provide all of the key stakeholders with a typical platform through which they can offer their services in a smooth manner. This partnership with Munsalik will be a major step in our mission drive of creating a cashless economy for all those Pakistanis”.
Munsalik’s CEO, Syed Mohsin Ahmed stated
“The partnership with Easypaisa / Telenor Microfinance Bank is of critical importance in these beginning of Munsalik’s journey because it provides access to a well-established digital payment partner, therefore enabling our members that are using Munsalik’s Shared Providers Platform for loan disbursements and repayments. This collaboration also brings us one step further in delivering around the financial inclusion mandate supply in the National Financial Inclusion Strategy”
With almost 10 Million monthly active customers on the Easypaisa App across the Android and iOS systems, Easypaisa is the most used Pakistani App across all categories. Easypaisa remains committed to transforming Pakistan into a cashless plus financially inclusive society by creating value through the power of collaboration & technology.