JS Bank, one of Pakistan’s fastest-growing financial institutions, has partnered with Instant Cash, a global money transfer brand within the FINTX portfolio, to introduce JS GharPay, the country’s first door-to-door remittance service. This innovative service ensures that beneficiaries receive remittances directly at their doorstep, offering convenience, reliability, and security—all at no cost.
JS GharPay eliminates the need for beneficiaries to visit bank branches or agent locations, addressing a significant challenge for recipients, particularly in remote or rural areas. By delivering remittances directly to homes, the service saves time, reduces transportation costs, and enhances financial access for underserved communities.
The launch event featured leadership from both JS Bank and Instant Cash, including Basir Shamsie, President & CEO of JS Bank, and Usman Bin Raees, COO of Instant Cash. Mr. Shamsie stated, “JS Bank is dedicated to providing innovative solutions that meet our customers’ needs. With JS GharPay, we are setting a new standard for remittance services in Pakistan, ensuring a safe and convenient way for families to receive funds.”
Usman Bin Raees added, “Partnering with JS Bank for GharPay enhances financial inclusion and promotes legal remittances, combining competitive exchange rates with the convenience of home delivery.”
JS Bank aims to scale the JS GharPay service nationwide, reinforcing its commitment to customer-centric solutions and financial inclusion.