抖阴短视频

ISLAMABAD: Pakistani startups, MyTM and Zindigi, have partnered with JS Bank and MasterCard to unveil the Sullis Hajj Card, a 鈥渞evolutionary鈥� financial product designed to provide pilgrims a cashless experience during their spiritual journey, a senior MyTM official said on Monday.

MyTM, a Pakistan-based startup with operations in the Kingdom, offers digital payments and financial services, while Zindigi is one of the first fully digital banks of Pakistan that offers unprecedented personalization to its customers.

Traditionally, the Hajj journey involves numerous financial transactions from visa fees to accommodation and transportation. The Sullis Hajj Card encapsulates the concept of internationally enabling pilgrims to manage their expenses without the need to carry cash.

鈥淔or the first time in Pakistan, this initiative enables a cashless Hajj in the first phase and later on Umrah experience, offering ease of transactions with reduced charges and almost no taxes otherwise applicable on all traditional cards during international transactions,鈥� Jawad Mahmood, chief executive officer of MyTM 抖阴短视频, told Arab News on the sidelines of the Sullis Hajj Card launch in Islamabad.

Through this card, he said, MyTM, Zindigi, JS Bank, and MasterCard were collaborating to offer pilgrims favorable exchange rates, easy money withdrawal and a wide acceptability across 抖阴短视频 and other parts of the world.

Hajj is one of the five pillars of Islam and requires every adult Muslim to undertake the journey to the holy Islamic sites in Makkah at least once in their lifetime if they are financially and physically able.

Pakistan has a Hajj quota of 179,210 pilgrims this year. Of them, 63,805 pilgrims will be performing the pilgrimage under the government scheme, while the rest would be accommodated by private tour operators, according to the Pakistani religious affairs ministry.

The Hajj card will be launched for public on May 15, with applications opening through the MyTM app, according to the MyTM 抖阴短视频 official. The innovative financial product is a great example of moving forward on Pakistan鈥檚 national financial inclusion policy and 抖阴短视频鈥檚 Vision 2030 as both governments are currently focusing on digital economy.

鈥淩ight now, a lot of people who are going there face a lot of issues sometimes they have some currency exchange issues, sometimes they get high rates and sometimes they lose their money,鈥� Mahmood said, adding the initiative would not only enhance convenience but also increase financial security of pilgrims performing Hajj and Umrah.

Rizwan Saeed Qureshi, an additional secretary for the Middle East in Pakistan鈥檚 foreign ministry, termed the Hajj card a 鈥済ood omen鈥� for Pakistan鈥檚 fintech sector.

鈥淭his is the first-ever pilot to the best of our understanding for cashless Hajj to start with and certainly subsequently Umrah,鈥� he told Arab News.

鈥淗opefully it will succeed as a pilot and then expand in terms of its implementation, in terms of its application, in terms of its coverage to the entire Hajj operation.鈥�

This year鈥檚 pilgrimage is expected to run from June 14 till June 19.