JazzCash, formerly known as MobiCash, is a Pakistani mobile wallet, mobile payments, and branchless banking services provider. It was launched in November 2012 as MobiCash by Mobilink (now Jazz) in partnership with their subsidiary bank Mobilink Microfinance Bank.
It also provides digital payment service through QR code in partnership with Masterpass.
History
JazzCash was founded in 2012 as MobiCash by Mobilink (now Jazz) as a joint venture with Waseela Bank, which was later renamed as Mobilink Microfinance Bank. In 2016, MobiCash was rebranded as JazzCash following the unification of Mobilink and Warid under the Jazz brand.[1]
In 2020, JazzCash partnered with Payoneer to enable users to withdraw funds from their Payoneer accounts directly through their JazzCash wallets to facilitate Pakistani freelancers.[2]