JazzCash Launches New Application for Small business Homeowners

AMSTERDAM, Could 4, 2021 /PRNewswire/ — VEON Ltd. (NASDAQ and Euronext Amsterdam: VEON), a top world company of connectivity and web services, announces that Pakistan’s revolutionary electronic financial services service provider, JazzCash, has successfully released a Small business Application for its growing service provider base.

The JazzCash Business App aims to make electronic payments additional effective and seamless for business enterprise entrepreneurs, company supervisors and household organizations, enabling them to kickstart the electronic payment acceptance procedure without the need of having to go to a financial institution.

Whereas formerly retailers ended up able to use the JazzCash Purchaser Application for accepting QR transactions, sending or receiving cash and shelling out bills, the new Business enterprise Application consists of superior business enterprise-related resources.

These contain the means to crank out a QR code for unique quantities in serious time and to ship customisable digital invoices to buyers, as nicely as to keep an eye on profits and transactions and to carry out salary disbursements and supplier payments with relieve.

Commenting on the launch, Erwan Gelebart, CEO of JazzCash, mentioned: “JazzCash aims to cultivate a cashless financial system and is fully commited to introducing ground breaking items and services that give speedier, much more clear and secure payment alternatives. We discovered a need to have for a 1-quit electronic answer in the SME sector, which however lacks the instruments and assets to adopt digital transformation, and made this organization application to deal with their money requirements. By using gain of secure, actual-time payments, these firms will witness bigger efficiencies and gain from a thriving digital ecosystem.”

JazzCash has a swiftly-expanding service provider foundation of above 100,000 registered retailers. It is committed to innovating purchaser-concentrated merchandise and products and services that boost the development of Pakistan’s electronic overall economy.

Enterprise proprietors can self-onboard to the new Enterprise Application by registering them selves through a handful of straightforward steps on the web.

For far more information and facts, take a look at https://www.jazzcash.com.pk/jazzcash-business enterprise-app/

About VEON

VEON is a NASDAQ and Euronext Amsterdam-shown world wide service provider of connectivity and net services. For more data, visit: https://www.veon.com

About JazzCash

VEON-owned JazzCash is Pakistan’s leading fintech with in excess of 13 million regular monthly energetic clients, 80,000 retail outlets and over 100,000 registered merchants nationwide. JazzCash presents a wide portfolio of branchless banking expert services for clients, such as vacation, ticketing, enjoyment, money transfer, invoice payments, debit card, insurance coverage, price savings and payments for a huge wide range of services. For far more information, take a look at: www.jazzcash.com.pk

Disclaimer

This launch contains “forward-seeking statements”, as the phrase is described in Portion 27A of the U.S. Securities Act of 1933, as amended, and Segment 21E of the U.S. Securities Trade Act of 1934, as amended. Forward-on the lookout statements are not historical info, and consist of statements relating to, among other items, expectations pertaining to the advantages of the JazzCash Small business Application. Forward-seeking statements are inherently subject matter to pitfalls and uncertainties, numerous of which VEON simply cannot forecast with precision and some of which VEON could not even anticipate. The forward-seeking statements contained in this release communicate only as of the day of this release. VEON does not undertake to publicly update, apart from as essential by U.S. federal securities rules, any forward-wanting assertion to replicate functions or situations after this kind of dates or to replicate the occurrence of unanticipated gatherings.

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