KARACHI – In a groundbreaking move to enhance financial accessibility and convenience, JS Bank, in partnership with global money transfer brand Instant Cash, has launched Pakistan’s first door-to-door remittance service, “JS GharPay.”
The innovative service ensures that remittance beneficiaries receive funds directly at their doorstep—free of charge. Aimed at improving ease and security for recipients, particularly in remote and underserved areas, JS GharPay eliminates the need to visit bank branches or agent locations, thereby reducing travel time and transportation costs.
The launch event was attended by key leadership from both organizations, including Basir Shamsie, President & CEO of JS Bank; Syed Jafar Raza, Group Head – Investment, International & Transactional Banking at JS Bank; Nasir Hussain, Head of International Home Remittances at JS Bank; and Usman Bin Raees, COO of Instant Cash.
Speaking at the event, Basir Shamsie emphasized the bank’s focus on innovation and customer-centric services. “With JS GharPay, in partnership with Instant Cash, we are setting a new standard for remittance services in Pakistan. This service ensures a safe, reliable, and convenient way for families to receive funds, particularly in areas where access to financial services is limited,” he said.
Usman Bin Raees, COO of Instant Cash, added, “At Instant Cash, we are committed to enhancing financial inclusion through our global network and innovative solutions. Partnering with JS Bank for ‘GharPay’ strengthens financial access for beneficiaries and promotes legal remittances by combining competitive exchange rates with the convenience of home delivery.”
JS Bank plans to scale the JS GharPay service nationwide, furthering its mission to drive financial inclusion across the country. Instant Cash, a company within the FINTX portfolio, brings its global expertise in secure and efficient cross-border payments to the partnership.
