S-Paisa scheme by SCO for AJK and GB introduced

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S-Paisa scheme by SCO for AJK and GB introduced

ISLAMABAD: (APP) Special Communications Organization (SCO) has partnered with Bank Alfalah to make its entry into Branchless Banking (BB) system.

The product in name of S-Paisa would soon be launched for people of Azad Jammu & Kashmir (AJK) and Gilgit-Baltistan (GB).

With launch of S-Paisa, people across AJK and GB would be able to send and receive money, pay utility bills and do mobile top ups.

The initiative aims to serve six million people of the region and is expected to have positive socio-economic effects on populace.

Both SCO and Bank Alfalah have inked an agreement in this regard.