ISLAMABAD ( BMZ REPORT )
Special Communications Organization (SCO) has partnered with Bank Alfalah to make its entry into the branchless banking system. The product in the name of S-Paisa will soon be launched for the people of Azad Jammu & Kashmir and Gilgit -Baltistan.
With the launch of S-Paisa, people across Azad Jammu & Kashmir and Gilgit- Baltistan would now, be able to send and receive money, pay utility bills and do mobile top ups. The launch is in line with Govt policy of financial inclusion of un-served and underserved area. The initiative aims to serve 6 million people of the region and is expected to have positive socio economic effects on the populace.
The contract signing ceremony was attended by Maj Gen Amir Azeem Bajwa, DG SCO and MS. Mehreen Ahmed Group Head from Bank Alfalah.