Startups Technology

REDtone’s Venture REDRETAIL Partners Telenor

REDRETAIL-Telenor
Written by Hiba Ali

REDtone Group’s venture REDRETAIL has recently signed a contract with Telenor Pakistan to facilitate all retail stores with mobile payment services. The agreement will enable REDRETAIL to provide customers with mobile top-up integration as well as other value-added features. The pandemic has seen the worst and the best of the retail industry in Pakistan. By facilitating customers to make top-up payments in their neighborhood stores is a huge leap for the retail sector.

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Mahnoor Nadeem, Vice President, REDtone Group, shared her views on the occasion, she said,

“REDRETAIL is on a mission to digitize the retail landscape and offer financial inclusion and digital services to communities across Pakistan.”

“With over a million retail/kiryana stores across almost every corner of Pakistan; augmenting these existing channels and turning them into financial and telecommunication services hubs is how we can evolve and leapfrog as an enabled economy. We are excited to be working with Telenor Pakistan on this front,” she added.

The Central Bank of Pakistan is aiming for financial inclusion from all ends. The agreement will help carry forward the government’s mission to digitize the financial sector of  Pakistan.

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About the author

Hiba Ali