KARACHI
\nABHI Microfinance Bank Limited (\u201cABHI Bank\u201d) has signed a Memorandum of Understanding (MoU) with Pathfinder Group to establish a strategic collaboration centered on agent interoperability, enabling wider access to formal financial services for underserved and frontline segments across Pakistan.
\nThe partnership places Agent Interoperability at the core of the arrangement, allowing ABHI Bank to integrate with VRG\u2019s interoperable agent platform.
\nThrough this collaboration, ABHI Bank customers will be able to access permissible banking and financial services via VRG\u2019s agent interoperable network, in line with State Bank of Pakistan regulations extending banking reach beyond branches and smartphones.
\nABHI has evolved from a fintech platform into a licensed microfinance bank with a clear focus: making finance accessible at the point where people live and work.
\nThis partnership reflects that direction, building shared infrastructure that allows financial services to travel through trusted agent networks and reach workers who remain outside traditional digital channels.
\nAlongside agent interoperability, ABHI Bank will provide its Earned Wage Access (EWA) services to eligible employees across Pathfinder Group and its portfolio of operating companies spanning security services, facilities management, manpower, and allied businesses.
\nThe service will allow employees to access a portion of their earned wages before payday, helping them manage routine expenses without financial stress.
\nABHI Bank will also support Pathfinder Group through digital salary processing and bulk salary disbursement services, improving efficiency, transparency, and timeliness of salary payments for operational and frontline staff.
\nTo further strengthen inclusion, the collaboration will leverage interoperable USSD rails, enabling ABHI\u2019s EWA and salary customers, particularly feature-phone users to access basic financial services such as balance inquiries, transaction confirmations, and earned wage access, subject to regulatory and technical approvals.
\nSpeaking on the partnership, Mariam Pervaiz, (CCO) ABHI Microfinance Bank, said: \u201cAgent interoperability is a critical building block for financial inclusion in Pakistan.
\nThis collaboration allows us to extend banking access through shared infrastructure, while also delivering earned wage access and salary services to workers who need flexibility, not complexity.\u201d
\nMuhammad Salman Ali, (CEO) Virtual Remittance Gateway, added: \u201cOur agent Interoperability platform is built on modular, cloud-native middleware technology architecture, providing end-to-end secure transaction processing.
\nPartnering with ABHI Bank enables us to combine Interoperable USSD with Agent Interoperable Network with practical financial solutions and services for our workforce and the wider ecosystem.\u201d
\nAlso present at the ceremony were Chairman Pathfinder Group Mr. Ikram Saigol and Entrepreneur in Residence Abhi Mr. Kabeer Naqvi alongside their teams.<\/p>\n","protected":false},"excerpt":{"rendered":"
KARACHI ABHI Microfinance Bank Limited (\u201cABHI Bank\u201d) has signed a Memorandum of Understanding (MoU) with Pathfinder Group to establish a strategic collaboration centered on agent interoperability, enabling wider access to formal financial services for underserved and frontline segments across Pakistan. The partnership places Agent Interoperability at the core of the arrangement, allowing ABHI Bank to […]<\/p>\n","protected":false},"author":2,"featured_media":524713,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-524690","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"\n