Techlets Pvt. Ltd. and Bank Alfalah Sign MoU to Join Forces to Boost 10,000 Work Opportunities

By Team BitBol,

Bank Alfalah and Techlets Pvt. Ltd. have jointly agreed to
deliver an innovative and fully integrated financial solution on Walee, a mobile app and web
platform (www.waleepk.com) serving Pakistan’s largest influencer marketing platform with
more than 50,000 users across more than 250 cities.
“Walee, Pakistan’s everyday trade app”, operated by Techlets Pvt. Ltd, was launched at
Influencers of Pakistan Lahore forum (www.influencersofpakistan) in November 2019 to help
businesses, digital influencers and resellers manage, measure and monetize their e-retail
collaborations using mass sales and marketing capabilities.
Bank Alfalah will facilitate online payment collection on Walee’s digital platforms through Alfa
Payment Gateway, also aiding in signing up the interested SMEs and influencers as merchants
for instant merchant account or full fledge merchant business accounts for the collection of
payments online through their own digital channels. Lastly, Bank Alfalah will support in
opening Alfa Accounts for these influencers so they can collect payments in these accounts
and perform their everyday banking. Besides, SMEs and influencers who are interested in
availing payment gateway services for online payment collection can also sign up for a
merchant account digitally and conveniently. Furthermore, SMEs and influencers who have
signed up as merchants with Alfa Payment Gateway can also later avail merchant financing
facilities.
Ahsan Tahir, CEO, Techlets explained businesses’ opportunities: “With COVID lockdowns
driving record highs in digital content consumption – overall internet traffic in the country has
increased by at least 15% according to PTA, with most bandwidth consumed by social media
platforms. We have also seen both new and established businesses accelerate digitization of
their operations and have been delivering cost-effective and impactful scaled influencer and
sales programs from our trusted site – we we aim to support at least 1,000 e-commerce sites
by creating efficiencies and savings. By collaborating with Bank Alfalah, we will further
strengthen payments for both businesses and influencers. In addition, we are excited to
partner on a mutual focus area — financial inclusion by upskilling female influencers and
women-led SMEs. For this group, we aim to strengthen our reach in second and third tier
cities, though Walee already covers about 70% of Pakistan geographically.”
Mr Adnan Nasir – Head of Digital Payments, Bank Alfalah said, “We continue to build on our
innovative and flexible infrastructure to accelerate Pakistan’s digital payment growth using
interoperable digital commerce payments and pioneer solutions with new and innovative
partnerships, like with Techlets. We will also expand our transaction set by providing reliable
and secure settlement services to influencers and businesses using Bank Alfalah accounts and
wallets.”

Techlets Pvt. Ltd.
No. 213, Main Double Road, F-15/1, Islamabad, Pakistan
Tel: +92.51-54431183 ■ Email: contact@techletspk.com

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With COVID-19 lockdowns impacting industries and causing substantial job losses,
Bank Alfalah and Techlets aim to support and facilitate thousands of home-based employment
opportunities and improve earning and financial management skills for at least 5,000
individuals in the next 12 months. A refreshed online bootcamp series will launch in July 2020
to train small businesses and individuals on how to use Walee to generate previously
unavailable income streams, using e-commerce and to improve participants’ digital financial
literacy. In addition, Influencers of Pakistan will launch a ‘Power of Influencers’ series in July
featuring Pakistan-based influencers and subject matter experts to share their experiences,
industry insights and answer viewers’ questions.

About Ali Raza

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