Karachi: In a groundbreaking move, Zindigi, powered by JS Bank & MyTM in collaboration with Cashin (KSA), has launched an innovative payment system specifically for Pakistani pilgrims, in line with Saudi Arabia’s Vision 2030. This initiative, unveiled at the LEAP conference this year, introduces a cashless Hajj and Umrah experience, significantly enhancing convenience by reducing fees and taxes. This landmark initiative not only ensures convenience but also sets a precedent for future advancements in pilgrimage services. It represents a key advancement towards the Vision 2030 goal of achieving 70% non-cash transactions by 2030.
For Pakistani pilgrims, the traditional financial challenges of Hajj, including handling numerous transactions for visa fees, accommodation, and transportation, will now be streamlined. They will utilize the Zindigi Debit cards, ensuring all transactions are effortless and seamless, preparing for a pilot test during the Hajj 2024.
Basir Shamsie, President & CEO of JS Bank, reflected on the innovative partnership, saying, “This collaboration represents a significant stride towards facilitating the sacred rituals. It not only advances Pakistan’s commitment to financial inclusion but also aligns with Saudi Arabia’s Vision 2030. By introducing a cashless solution tailored for Hajj and Umrah, we are setting new standards in convenience and security, fostering an ecosystem where technology and tradition converge. This initiative is a bridge that underscores our shared vision for a future where economic and technological progress serves everyone.”
Noman Azhar, Chief Officer Zindigi stated, ‘Zindigi exist to make a meaningful impact in the lives of customers beyond borders. This initiative perfectly embodies our vision to offer simple yet impactful financial services. With around 4 million people from Pakistan embarking on the sacred journey of Hajj and Umrah to Saudi Arabia each year, this represents significance of Zindigi’s contribution in facilitating masses. We are excited to be part of such impactful initiatives that resonate with the core purpose of existence.’
Sheikh Jawad Mahmood, CEO of MYTM LLC in the Kingdom of Saudi Arabia, heralds the new collaboration with JS Bank and Cashin as a milestone in financial technology. The introduction of the Sullis Product, aimed at serving the ‘Guests of Allah’, is set to revolutionize the pilgrimage experience for Pakistani worshippers by offering a seamless banking service across borders.
Omar Al-Rammah, CEO Cashin Saudi Arabia commented, “This partnership represents a significant step forward in our mission to drive digital transformation and financial inclusion as Saudi Arabia continues its journey towards a digital future, we are committed to pioneering solutions that focuses to enhance pilgrims and tourist payment experience and satisfaction and contribute to the realization of Saudi Arabia Vision 2030.
this partnership represents a pivotal milestone in the evolution of the Hajj pilgrimage, showcasing the collective commitment of Zindigi, Cashin, MyTM PR to enhance well-being and to contribute to the global financial ecosystem. The collaboration also strengthens the economic and technological ties between Pakistan and Saudi Arabia, showcasing a shared commitment to innovation and societal advancement.
