Systems Ltd subsidiary OneZapp to start EMI services

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MG News | November 19, 2024 at 09:32 AM GMT+05:00

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November 19, 2024 (MLN): OneZapp, a subsidiary of Systems Ltd. (PSX: SYS), has officially received approval from the State Bank of Pakistan (SBP) to begin commercial operations as an Electronic Money Institute (EMI).

"This achievement marks a significant leap forward in our commitment to advancing financial inclusion across Pakistan," Systems said in a statement.

With innovative wallet accounts for individuals, agents, and merchants, OneZapp is poised to revolutionize digital payments by offering secure, seamless solutions to underserved communities, empowering millions to actively engage in the digital economy.

At the core of this milestone, Systems said it is their dedication to empowering financial inclusion and delivering accessible digital payment solutions to underserved communities across Pakistan.

"We’re excited for the future and eager to continue innovating and expanding the digital ecosystem," it added.

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