Islamabad, September 18, 2023 (PPI-OT): Garaj, Pakistan's largest local cloud service provider, and Paysys Labs, a trusted name in digital financial services, have joined forces to collaborate on initiatives related to the digitization of payments and financial services.
Under this partnership, Garaj will be equipping Paysys Labs with an enterprise-grade platform and state-of-the-art infrastructure for the latter’s utilization, offering them access to Pakistan’s largest Tier-3 certified data center to support Paysys Labs’ financial services initiatives. This advanced infrastructure is known for its quality of service, reliability, high-quality infrastructure, and a team of profoundly certified technical experts and engineers.
Commenting on the development, Asif Aziz, Chief Business Officer at Jazz, said, “I am confident that our collaboration with Paysys Labs establishes a new standard for efficiency in the dynamic realm of digital financial services. Additionally, it contributes to advancing Garaj's leadership in reshaping Pakistan's cloud computing landscape, prioritizing data sovereignty, and empowering local businesses and the economy.”
Also sharing his thoughts on the occasion, Karim Jindani, CEO of Paysys Labs, commented, “I greatly value this partnership with one of Pakistan’s cloud computing leaders as it enables us to host a newly launched financial services application and elevate our existing business. I hope this collaboration goes a long way and helps both parties accomplish great milestones in digital financial services and data sovereignty.”
Paysys will be establishing its processing centers with Garaj and will leverage Jazz’s infrastructure to provide services to its clients in a PaaS (Platform as a Service) model. This strategic move is designed to enhance the scope and reach of Paysys Labs, offering a more robust and efficient service to its clientele.
A significant advantage of this collaboration is the facilitation of a one-window solution for Paysys customers, who will now be able to directly request Garaj's cloud services via the Paysys support portal, streamlining the process and enhancing their experience by accessing a range of services through a single platform.
The partnership involves establishing connectivity channels between Nadra, 1link, and Paysys Lab's workload, powered by Garaj Digital Park. This connectivity is expected to improve financial accessibility through smart applications and gain industry recognition for Paysys Labs, besides having a positive impact on financial accessibility in Pakistan and contributing to the growth of digital financial services.
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