18 Sep 2025
VEON Inaugurates JazzCash Experience Lounge in Islamabad Dubai and Islamabad, September 18, 2025 - VEON Ltd. (Nasdaq: VEON), a global digital operator ( VEON and together with its subsidiaries, the Group ), today announce the inauguration of the experience lounge of JazzCash, its digital financial services platform in Pakistan. Governor State Bank of Pakistan (SBP) Jameel Ahmad; Deputy Governor SBP Saleem Ullah; VEON Group CEO Kaan Terzioglu; and JazzCash CEO Murtaza Ali inaugurated the Experience Lounge in Islamabad, Pakistan today. On this occasion, Jazz CEO and Chairman Mobilink Microfinance Bank Aamir Ibrahim; and Mobilink Microfinance Bank CEO Haaris Mahmood Chaudhary were also present.
With 53 million customers, JazzCash is Pakistan's leading digital financial services (DFS) provider, empowering underserved communities-particularly women, entrepreneurs, and rural populations-to participate in the digital economy and drive inclusive growth. In 2024, JazzCash processed transactions equivalent to approximately 9% of Pakistan's GDP. Its extensive network of nearly 600,000 merchants and 300,000 agents ensure deep market reach and financial access, which are crucial for documenting the economy. It also enables the disbursement of more than 140,000 digital loans daily to micro-entrepreneurs, supporting small-scale commerce and driving inclusive economic growth.
Governor State Bank of Pakistan, Jameel Ahmad, welcomed the launch of the JazzCash Experience Lounge, noting that it would serve as a valuable platform to demonstrate how digital payment systems can broaden financial access and build public trust. It offers a glimpse into the future of Pakistan's digitally driven cashless economy as envisioned by our government under the stewardship of Prime Minister Shehbaz Sharif.
Digital financial services transform informal economic activities into seamless, convenient and tax-compliant transactions that underpin not only convenience of the user but also the economic stability and growth of the nation, said Kaan Terzioglu, VEON Group CEO. Our JazzCash Experience Lounge provides policymakers, regulators and partners with a tangible view of how technology is transforming commerce and livelihoods. We commend the Government of Pakistan for prioritizing the digitalization agenda in financial services and reaffirm our dedication to supporting it through continued investment and innovation.
Aamir Ibrahim, CEO of Jazz and VEON Group Executive Committee Member, added: As part of the Pakistan Prime Minister's Cashless Economy initiative, JazzCash is honored to contribute to the key national goal of driving growth through digital financial inclusion. The transition to a cashless economy is vital for Pakistan's economic growth, transparency, and global competitiveness. We look forward to collaborating with all stakeholders to accelerate digital adoption and ensure the benefits of technology reach every corner of the country.
The JazzCash Experience Lounge is an interactive demonstration hub, highlighting how digital financial services are enabling Pakistan's transition to a cashless economy. The facility showcases everyday payment journeys across fuel stations, retail shops, and neighborhood vendors, allowing visitors to experience JazzCash's consumer, retailer, and merchant app interfaces, as well as QR code-based transactions, Tap Pay, and soundbox-enabled devices. It also houses innovative next-generation technologies such as facial recognition payments, palm verification, wearables, and digital tags.
As of 2Q 2025, VEON's DFS platforms serve 40.7 million monthly active users, underscoring both rapid adoption and their contribution to the digital economies of their respective markets. JazzCash and Mobilink Microfinance Bank in Pakistan, Beepul in Uzbekistan, and Simply in Kazakhstan - play a critical role in expanding the benefits of digital financial inclusion to millions. Over the last twelve months, these platforms processed an equivalent of approximately US$43.6 billion in total transaction value, highlighting the scale and economic impact of formalizing digital flows in frontier markets.
Earlier this week, VEON also joined Money20/20 Middle East in Riyadh where Lasha Tabidze, Group Chief Digital Operations Officer, and Aamir Aftab, JazzCash Chief Product Officer, discussed how innovation and technology how digital financial services empower customers, businesses and governments alike in VEON markets.
About VEON
VEON is a digital operator that provides services to over 150 million connectivity customers and approximately 120 million monthly active digital users. Operating across five countries that are home to more than 6% of the world's population, VEON is transforming lives through technology-driven services that empower individuals and drive economic growth. VEON is listed on NASDAQ. For more information visit: http://www.veon.com
About JazzCash
JazzCash is Pakistan's leading digital financial services platform, operating under a Branchless Banking charter and offering mobile wallet services in collaboration with Mobilink Microfinance Bank. It serves 53 million customers, offering a broad portfolio of financial services for customers, including payments, lending, insurance, welfare disbursements, government to public payments for various services. For more information, please visit: www.jazzcash.com.pk.
Disclaimer
This release contains forward-looking statements, as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are not historical facts, and include statements relating to, among other things, VEON's strategy and investment plans. Forward-looking statements are inherently subject
Europe Stories
09/11/2025
Dalet today announced a transformative leap forward for media operations: Agentic Artificial Intelligence (AI) that unifies the Dalet ecosystem under one natura...
06/10/2025
France T l visions, France's leading broadcaster, has received the 2025 EBU ...
18/09/2025
Forget just hearing a new album; last night, London lived one. Together with Spo...
18/09/2025
Spotify and Sony Music Group today announced an extension and expansion of their long-standing, successful global partnership. As part of their ongoing collabor...
18/09/2025
18 Sep 2025
VEON Inaugurates JazzCash Experience Lounge in Islamabad Dubai and Islamabad, September 18, 2025 - VEON Ltd. (Nasdaq: VEON), a global digital opera...
18/09/2025
Created by Tom Scharpling, Matt Berry and Natasha Lyonne, the new six-part serie...
18/09/2025
The eight-part sun-drenched thriller from Luther creator Neil Cross launches on ...
18/09/2025
Rohde & Schwarz announces new frequency models up to 54 GHz for R&S ZNB3000 vect...
18/09/2025
Individual phones could be tracked back to specific residential addresses
Sm...
18/09/2025
September 18 2025, 04:20 (PDT) Dolby Atmos arrives in Maruti Suzuki Victoris, e...
17/09/2025
It was the ultimate convergence of pop culture and literary prestige: Last night, Dua Lipa brought her Service95 Book Club podcast to the stage for a special li...
17/09/2025
Transatlantic collaboration combines experience and agility to drive innovation in network design and delivery
Luxembourg, September 16, 2025 - SES, a leading ...
17/09/2025
Wednesday 17 September 2025
UK artists capture icons of stage and screen, inclu...
17/09/2025
For the Moon Safari anniversary tour, AIR opened the doors to their backstage. Just a few hours before the Paris concert, DPA met with two key figures of the te...
17/09/2025
Auditions will be held in Dublin, Cork and Galway
The County Parade returns f...
16/09/2025
Hace una d cada, la m sica latina representaba apenas el 8% de las reproducciones globales en Spotify. Hoy, constituye m s de una cuarta parte (27%) de toda la ...
16/09/2025
A decade ago, Latin music made up just 8% of global Spotify streams. Today, it a...
16/09/2025
Spotify is expanding our video lineup with a new partnership with Zoo 55, part of ITV Studios. For the first time, acclaimed content from ITV Studios is landing...
16/09/2025
Calrec has strengthened its collaboration with audio metering expert RTW by integrating RTW's new TMxCore metering platform across its full range of Argo IP...
16/09/2025
Leading space solutions company will use optical ground stations to deliver faster, more secure data from space
Luxembourg, September 15, 2025 - SES, a leading...
16/09/2025
Comscore Unveils The Scoreboard: An Interactive Destination Surfacing Consumer B...
15/09/2025
Global K-Pop sensation aespa is redefining what it means to be rich with the r...
15/09/2025
Every day, millions of people around the world turn to Spotify to enjoy the audi...
15/09/2025
After months of intensive planning and implementation, Brembo SGL Carbon Ceramic...
15/09/2025
Unique sports content orchestration platform builds momentum among SES's cus...
15/09/2025
-- Opens door to growth in renewable energy New Delhi, India - 15th September -- Global business and industry leaders from around the world are joining technol...
13/09/2025
Harmonic's Software-Based XOS Advanced Media Processor Provides Unparalleled Efficiency and Unlocks New Business Models SAN JOSE, Calif. - Sept. 13, 2025 -...
12/09/2025
For fans, we know how important it is to stay plugged into music culture and dis...
12/09/2025
Link ping, Sweden and Shipley, United Kingdom, September 12, 2025 - Agama, the expert in video observability and analytics for service quality and customer expe...
12/09/2025
Feature-length retrospective from Studio Crook to air in 2026
Sir David Jason returns to the nation's favourite comedy channel, U&GOLD, for Open All Hours:...
12/09/2025
Friday 12 September 2025
The Boomtown Rats, Nyah Grace, Soweto Kinch, Royal Ballet and Madness also announced to perform at the ceremony on Tuesday
Sky today ...
12/09/2025
Wuppertal September 12, 2025
Riedel Unveils Ultra-Light Bolero Mini Wireless Intercom BeltpackAt IBC2025 in Amsterdam, Riedel Communications unveiled Bolero M...
12/09/2025
Wuppertal September 12, 2025
Riedel Communications Acquires hi human interfaceRiedel Communications today announced the acquisition of hi human interface fro...
12/09/2025
CORE+ virtually removes distortion, setting a new standard for church sound and giving worship teams the clarity and confidence they need.
Read the full artic...
12/09/2025
The Late Late Show is back with a bang after the summer break, and Patrick Kielt...
12/09/2025
The World Athletics Championships, Ireland v France in the Women's Rugby World Cup quarter-final, the Irish Champions Festival, and two Sports Direct Men...
12/09/2025
The Records Show starts Sunday at 6.30pm on RT One and RT Player.
Katie Hanno...
11/09/2025
RADAR, Spotify's program for emerging talent, recently hit a major milestone...
11/09/2025
Link ping, Sweden, September 11, 2025 - Agama, the expert in video observability & analytics for service quality and customer experience, announced today the la...
11/09/2025
Under the USD 89.6 Million award, SES Space & Defense will provide global commer...
11/09/2025
Leading Balkan DTH provider adds capacity to consolidate its m:Sat TV platform at 23.5 degrees East and serve more customers across the region
Luxembourg, 11 S...
11/09/2025
UKTV's free streaming service U launches on Sky Q
Free streaming service U has launched on Sky Q in the UK, UKTV and Sky confirm today, expanding the footp...
11/09/2025
From the discreet 2061 lavaliers to 4099 and 4011 mics, the setup delivered clean, natural sound in one of the most challenging broadcast environments.
Read th...
11/09/2025
From rugged build quality to natural, detailed sound, the verdict is clear: big performance can come in a very small package.
Read the full review here!...
11/09/2025
Tonight on Prime Time
RT One and RT Player at 9:35pm
Tonight RT Prime Time...
11/09/2025
RT Statement: 2026 Eurovision Song Contest
At the General Assembly of the European Broadcasting Union (EBU) in July, a number of EBU members raised concerns ...
10/09/2025
Lossless on Spotify Premium is here.
Lossless audio has been one of the most a...
10/09/2025
The Television Will Be Revolutionised Sep 10, 2025
Written by Sunit Kotecha, Director of Delivery and Operations, YouView
2025 marks a century since the f...
10/09/2025
First of Spains F110 frigates get future-ready with Rohde & Schwarz communicatio...
18 Sep 2025
