Easypaisa-Barwaqt Partners up to digitized Barwaqt’s loan collection and disbursement processes through Easypaisa’s best-in-class financial solutions. This partnership is the latest in a series of seamless integrations done by Easypaisa through its open API platform.
Easypaisa is Pakistan’s leading digital payments platform. While, Barwaqt is an evolving instant loan disbursal service.
Barwaqt is an online loan application, where users can obtain fast, safe, low-interest loans, and can choose a variety of payment methods and withdraw cash. The API integration will open new channels for loan collection and disbursement to Barwaqt. At the same time, it will facilitate customers in a much more convenient manner.
Now, with Easypaisa’s Open API Gateway, the process of integrating with Pakistan’s leading digital payments platform has become simple, cost-effective, and time-saving. Easypaisa’s partnership with Barwaqt is another step towards the company’s objective to allow people and small businesses across the country to become part of digitization.
“Making all Pakistanis part of a formal economy is one of the most pressing challenges faced today. Digital platforms such as Easypaisa are well suited to enable a digital, cashless ecosystem through technology and collaboration. Our partnership with Barwaqt is another step towards solidifying the foundation for a digital ecosystem through innovative tools and channels that would benefit everyone.”Commenting on the development, Shahzad Khan, Head of Channels, Easypaisa said
“We are committed to enabling digitalization of financial activities to improve financial inclusion in Pakistan, especially for the unbanked segment. Partnering with Easypaisa for disbursement & collection of instant digital loans is a significant milestone achieved.”Mr. Derek Li, Chairman of Barwaqt, said
Easypaisa’s API Gateway is an industry-first tool that allows seamless integration of the digital payments platform with businesses exploring digital payment options.