The 10th facilitation hub for the premier Buy Now, Pay Later (BNPL) fintech startup QistBazaar has officially opened in the thriving Gulistan-e-Johar neighbourhood. QistBazaar serves the unbanked people. With an estimated 5 million people living within a 5-mile radius and being located in one of Karachi's most densely populated middle-class regions, this strategic development confirms QistBazaar's dedication to empowering the general public and fostering financial inclusion.
According to Rubina Kamardin, Head of Branches at QistBazaar, "While online e-commerce platforms may seem like an obvious choice to target the masses, the reality is that 80% of the Pakistani population lacks true literacy. This sheds light on the company's motivation for opening brick and mortar locations. We might either ignore them or assist them in adjusting to the brand-new internet environment. The purpose of these facilitation facilities is to offer the required handholding help during this shift.
The QistBazaar network now comprises a facilitation hub in Gulistan-e-Johar in addition to outposts in Korangi, Shadman Town, Shahra-e-Faisal, Saddar, Clifton, Chundrigar Road, and Hyderabad. Each location has a group of knowledgeable employees who are committed to helping consumers place their first online orders. Additionally, QistBazaar acknowledges the preferences of conventional customers and meets their demands by offering demos of large items like motorcycles and refrigerators.
The entry of QistBazaar into Gulistan-e-Johar marks a crucial turning point in the company's effort to assist Pakistan's unbanked populace. As a result of recognising the challenges encountered by those with low levels of digital literacy, QistBazaar is still dedicated to levelling the playing field and facilitating easy access to the advantages of e-commerce. A more inclusive and successful future for everybody is what QistBazaar aspires to achieve through its facilitation centre and committed personnel.
About QistBazaar: QistBazaar is an innovative BNPL fintech business whose goal is to assist Pakistan's unbanked people. QistBazaar enables people to make necessary purchases without the need of conventional banking services by offering easily accessible and adaptable payment solutions. QistBazaar aspires to close the financial inclusion gap between the unbanked and the digital economy, promoting economic development and empowerment across the country.
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