With its in-app Raast-based QR code payment system, Zindigi—powered by JS Bank—has elevated the convenience of cashless payments for the procurement of sacrificial animals during Eid ul Adha to a whole new level.
This program, which is a component of the State Bank of Pakistan’s Raast fast payment service, uses QR code payments to facilitate transactions for slaughtered animals for both the general public and traders.
With this functionality, customers of Zindigi as well as those using other digital wallets or banking apps may easily and securely pay at specific cattle markets throughout Pakistan using Zindigi QR. The consumer must pay the transaction amount and scan the QR code of the livestock merchant in order to complete a payment.
The partnership between Zindigi and the State Bank of Pakistan highlights a common goal of advancing digital innovation and financial inclusion in the developing nation of Pakistan. Through the utilization of the most recent developments in fintech, both organizations are committed to improving the availability and effectiveness of financial services, especially on holidays such as Eid ul Adha.
Cattle markets’ incorporation into the digital economy is a critical step in promoting financial inclusion and local economic empowerment. Farmers and retailers can better manage their financial transactions and advance the goal of a digitally inclusive Pakistan by adopting digital payments.