[Karachi, May 11, 2024]: JazzCash, Pakistan's leading fintech company, in collaboration with the Sindh Flood Emergency Rehabilitation Project (SFERP), backed by the Government of Sindh and the World Bank, has successfully disbursed PKR 2 billion to flood-affected families across the Sindh province. Under this initiative, PKR 15 billion will be disbursed to approximately one million affected families.

As part of the initiative, JazzCash has already opened 80,000 mobile wallet accounts, with 45% of beneficiaries being female and 55% male. This distribution ensures equitable access to financial assistance, particularly in urban and remote areas. This partnership signifies a significant step forward in JazzCash's commitment to leveraging technology for social good and financial inclusion.

JazzCash has so far disbursed the compensation amount in various districts, including Ghotki, Jacobabad, Qambar Shadadkot, Khairpur, Larkana, Naushahro Feroze, Sanghar, Shaheed Benazirabad, and Shikarpur.

JazzCash's initiative not only provides timely financial assistance but also empowers flood-affected communities by leveraging technology for inclusivity. The use of mobile wallets ensures that even those in the remotest areas can receive funds and access the assistance they require, emphasizing JazzCash's dedication to leveraging technology for financial inclusion, particularly in times of crisis.

With a longstanding commitment to providing relief funds to disaster-stricken families, JazzCash continues to be a lifeline for those in need. By partnering with SFERP and providing financial assistance, JazzCash is not only helping families rebuild their lives but also contributing to the broader vision of a digitally enabled and financially empowered Pakistan.