On-Demand Pay: Fintech ABHI and Pakistan Cables Ltd to Offer Employees Earned Wage Access

Abhi, a leading embedded finance company, has announced a strategic partnership with Pakistan Cables Limited, one of the country’s top cable manufacturers. The collaboration aims to provide AbhiSalary – Earned Wage Access to the employees of Pakistan Cables Limited, promoting financial wellness within the workforce.

AbhiSalary – Earned Wage Access enables employees to access their hard-earned salary quickly and conveniently through the ABHI mobile app, SMS, and WhatsApp. This means that employees can fulfill their financial commitments anytime, anywhere in Pakistan within just 30 seconds. The service offers greater financial flexibility and helps employees manage their expenses without having to resort to loan sharks or rely on family and friends for support. Notably, this service is cost-free and easy to set up for employers.

Mohammad Zaidi, Chief Commercial Officer at ABHI, highlighted the significance of this partnership, stating that ABHI is delighted to partner with Pakistan Cables Limited and provide AbhiSalary to its employees. This collaboration empowers employees to access their earned salary and take control of their financial well-being.

The partnership signifies a mutual commitment between ABHI and Pakistan Cables Limited to prioritize the financial well-being of employees. ABHI is confident that this collaboration will have a positive impact on the Pakistan Cables workforce, aligning with the company’s dedication to empowering its employees and continuously seeking innovative solutions to enhance the employee experience.

ABHI claims to be the first embedded finance platform in Pakistan, benefiting over 450 companies and more than 250,000 employees across the country. The company offers a range of financial services, including AbhiSalary, AbhiPayroll, AbhiKarobar, and AbhiPay, aimed at solving cash flow constraints for individuals and businesses.

Pakistan Cables Limited, known as the nation’s foremost and highly reliable cable manufacturer, prides itself on its rich heritage, expertise, and commitment to delivering world-class products and services to customers. The company also prioritizes an employee-centric culture, fostering a supportive work environment.

Despite the challenging political and economic landscape in Pakistan, the fintech ecosystem in the country continues to thrive. The digital economy is rapidly evolving, supported by one of the world’s largest freelance and gig economies. This partnership between ABHI and Pakistan Cables Limited is just one example of the innovation and growth happening in Pakistan’s fintech industry, providing solutions to address the pressing financial needs of employees and businesses alike.

Follow crowdfundingmagazine on Instagram: @crowdfundingmagazine_it

What do you think?

363 Points
Upvote Downvote

Written by editorial

Leave a Reply

Your email address will not be published. Required fields are marked *

UK’s Digital Bank Perenna Partners with London and Country Mortgages to Initiate Lending

Fintech Adoption Rates, VC Funding in UK, Canada, Singapore, Hong Kong Remains Steady – Report