Easypaisa, has started a great initiative to support Small and Medium Enterprises (SMEs) in Pakistan especially during the COVID-19 pandemic. Easypaisa has initiated its Easy Business portal to help SMEs across the country to raise awareness about the products and services provided by the Bank.
The newly launched SMEs facilitation program also offers a well-organized cash management portal along with the help of FINJA, a ground-breaking Pakistani fin-tech, that lets SMEs work in Pakistan through a fully functional web portal to empower daily operations as well as future growth prospects.
This initiative will let businesses to transform into digital business by making salary payments, vendor payments and disbursements, and collecting receivables through an easy to use e-invoicing system.
This new age financial services arrangement is being serviced by all institutional clients and SMEs. The registration process for getting the services does not need any paperwork and can be completed remotely. Through broad-ranging features, businesses will have the convenience of being able to process payments to Easypaisa mobile wallets, transferring amounts to CNIC numbers and conducting IBFT transactions.
Mohammad Mudassar Aqil, CEO Telenor Microfinance Bank / Easypaisa said; Around the world, incorporation of technology and financial services is revolutionizing the way economies and the financial sector operates.
With SMEs in Pakistan forming a fundamental element in supporting the economy, Easypaisa has taken another market-leading initiative in empowering them digitally through the use of innovative tools and processes.
Qasif Shahid, Co-Founder & CEO FINJA remarked, “As a friend of banks, FINJA compliments services to provide institutional banking customers with enhanced functionality to increase productivity.
We are honored to collaborate with Telenor Microfinance Bank and its digital financial services platform – Easypaisa, to help businesses aggressively wage war on eliminating cash, paper and physical obstacles from their daily operations”.
The importance of the SME sector cannot be undermined as it contributes significantly to the Gross Domestic Product (GDP) of Pakistan and employs a major proportion of the workforce. Through the power of collaboration and technology, Easypaisa and FINJA are committed to enable individuals and businesses across Pakistan to adopt the truly digital way of life.