NBP has announced a strategic partnership with myZoi Financial Inclusion Technologies (myZoi) to revolutionize cross-border remittances for Pakistani migrant workers in the UAE. The collaboration aims to make sending money back home faster, easier, and more accessible, especially for the underbanked population.
Through this partnership, Pakistani workers in the UAE can now digitally send money to their families in Pakistan within minutes using the myZoi app. The app also offers financial literacy tools and savings features to empower users and help them manage their finances effectively.
The collaboration leverages NBP’s extensive financial expertise and myZoi’s innovative technology to provide a seamless and secure remittance experience. Users can initiate fund transfers from their myZoi wallets, and NBP will ensure the timely disbursement of funds to recipients in Pakistan.
Syed Muhammad Ali, CEO of myZoi, expressed enthusiasm for the partnership, stating that it will facilitate instant payroll services, streamline home remittances, and enhance financial literacy for Pakistani workers.
Both NBP and myZoi are committed to promoting financial inclusion and empowering underserved populations. This partnership represents a significant step towards creating a more inclusive financial ecosystem and ensuring that every Pakistani worker has access to reliable and secure financial services.
