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JazzCash, formerly known as MobiCash, is a Pakistani mobile wallet, mobile payments, and branchless banking services provider. It was launched in November 2012 as MobiCash by Mobilink (now Jazz ) in partnership with their subsidiary bank Mobilink Microfinance Bank .
Jazz had partnered with Mobilink Microfinance Banking to make an entry into the banking market, initially launched under the MobiCash brand name, it was later changed to JazzCash. It is a direct competitor to Telenor Pakistan's Easypaisa.
JazzCash, in collaboration with Mobilink Microfinance Bank, will channel cash payments totaling PKR 78 billion (~USD 187m) to 1.3 million BISP-registered women beneficiaries across Pakistan by the end of next year. So far, JazzCash has successfully transferred PKR 15 billion to beneficiaries in the Hyderabad, Matiari and Rahim Yar Khan regions.