Islamabad (TDI): Zindigi, in collaboration with PostEx, has introduced a ground-breaking solution to digitize cash-on-delivery payments, aiming to tackle longstanding challenges in Pakistan’s e-commerce and logistics sectors.
Powered by RAAST, the Dynamic QR feature empowers riders to quickly generate the QR from their PostEx application and can collect payments securely using multiple banking applications, revolutionizing the logistics sector.
With cash-on-delivery accounting for 90 percent of e-commerce transactions in the country, the reliance on cash has long posed inefficiencies for merchants, customers, and delivery riders.
Using cash comes with inherent risks, including the possibility of loss or theft in unpredictable situations.
This advanced payment method ensures end-to-end cashless transactions, bringing extraordinary convenience to e-commerce shoppers while reducing the operational burden on logistics providers and merchants.
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This initiative is being launched as a pilot project across 6 major cities, with the objective of fostering trust in digital payments, paving the way for a cashless economy and reducing dependence on cash.
Two Groundbreaking Projects
The partnership introduces two groundbreaking projects that will redefine the logistics and e-commerce experience in the country.
The Wallet Integration initiative enables the easy incorporation of digital wallets, allowing for rapid and secure transactions, while the Dynamic QR (Digitized COD) project focuses on transforming COD payments.
Chief Business Officer Zindigi, Atif Ishaque, said that this partnership with PostEx reflects our vision of utilizing technology to enhance everyday interactions.
By empowering customers with secure, convenient, and cashless payment options, we are not only smoothing transactions but also contributing to the broader objective of financial inclusion and digital transformation in Pakistan, he said.
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CEO of Logistics at PostEx, Jawad Mirza, said that incorporating QR payments into the last-mile delivery process is a game-changer for the logistics sector.
Partnering with Zindigi ensures this innovative technology becomes accessible to all our customers, he said.
