Easypaisa and Paismo HR, a leading innovator in the HR & payroll tech space, have joined forces to roll out a seamless one-click payroll feature for the first time in Pakistan. This ground-breaking solution for the Pakistani market simplifies payroll processing, enabling instant and secure salary disbursements into employees’ digital wallets and bank accounts almost instantly, one-click instantly. By merging technology and convenience, Paismo HR and Easypaisa intend to empower businesses with efficiency and promote financial inclusion for workers across Pakistan.
Easypaisa is Pakistan’s first mobile banking platform launched in 2009, is the only GSMA mobile money-certified service in the country, serving over 45 million users as of December 2024 monthly and became a household name.. Initially launched as a money transfer service, Easypaisa empowers underserved masses by bringing convenience and freedom to their lives. Today, it has become the household category name for money transfers, synonymous with convenience and reliability. The presence of Easypaisa has enabled access to the low-income population to access digital financial services.
With the largest footprint in Pakistan, Easypaisa is constantly innovating with an ever-growing range of ground-breaking digital solutions, including the Easypaisa app. It is becoming a complete lifestyle platform enabling people across Pakistan to truly adopt the digital way of life.
A partnership with Easypaisa will enable "one-click" payroll disbursements, designed to simplify and streamline payroll processes. Instead of relying on time-consuming manual calculations or sharing detailed spreadsheets with banks, one-click payroll allows employers to process and disburse employee salaries almost instantly. Additionally, this will allow wage workers to keep their salaries in a digital wallet or their bank accounts rather than cash and use other financial services offered to them.
Paismo HR has been making significant strides in the global HR tech industry. In August 2023, the company raised a $1.3 million seed round led by Indus Valley Capital, with participation from Antler and Jedar Capital, bringing its total funding to $1.5 million. This investment has fueled Paismo's payroll expansion and solidified its position as a modern HR and payroll solution.
With one-click payroll disbursements, businesses can discuss payments more efficiently without sharing an Excel file with their banks or relying on manual HR processes and calculations, which can often lead to mistakes and delays in payroll processing.
This partnership between Easypaisa and Paismo HR marks a significant step forward in revolutionizing payroll management and advancing digital financial inclusion in Pakistan by combining cutting-edge HR technology with the nation’s leading digital financial platform. Together, Easypaisa and Paismo HR are committed to fostering innovation, empowering businesses, and creating a future where payroll is effortless, efficient, and inclusive for all.
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