Pakistani millionaire, Hashoo Group is going to launch “First Digital Payments and Remittance Service” for domestic and international payments.
This digital payment solution, being introduced by the Pakistani millionaire will be launched in May 2021. It is especially being introduced for international and domestic payments. The solution is called “Foree”. This application will allow users to collect all cards and bank accounts into an application and perform smooth transactions at a minimal cost.
Hashoo Group CEO & Deputy-chairman and Chairman of the Board of Foree, Murtaza Hashwani said that Foree is going to be the first online payments app in the country. He added that it would be helpful in a bid to improve the economy and will generate around 1 Lac jobs across the country. Also, it will facilitate remit payments from employees working abroad.
Moreover, Murtaza Hashwani further told the media that many other digital payment applications are also available in the country, but the application “Foree” is unique in its own way. Because other payment applications require users to transfer money between various accounts through online banking, also the service is quite different from wallets that allow a very small number of transactions.
He also added that “Foree is going to be Pakistan’s first digital payments and remittance service and the platform will be the first online payment system. This will be started regionally in the Middle East and then we would like to take it globally,”
Additionally, Murtaza talked about the security and privacy of the data, he said that Foree users will not be needed to be worried as all protection steps have been taken without any compromise. He said, “We believe in quick, simple, and safe digital payments for all with strict checks and controls.”
He added that this step will build the Pakistani e-commerce sector stronger and will assist people to shop online from foreign brands and companies with real-time payments.