Web Desk
LAHORE: Simpaisa is proud to announce a strategic partnership with Eastnets, marking a significant milestone in its ongoing commitment to enhanced fraud protection and compliance. Through the integration of Eastnets’ cutting-edge Safewatch Screening (SWS) and Safewatch AML (Anti-Money Laundering) products, Simpaisa is elevating the security and integrity of its payment ecosystem to new heights.
Kamil Shaikh, COO of Simpaisa, remarked, “The addition of Eastnets’ Safewatch Screening and AML technology boosts our security and compliance across digital payments. This upgrade enhances our fraud and cybersecurity defences, solidifying our role as a trusted leader in emerging markets.”
This collaboration reinforces Simpaisa’s dedication to providing strong protection against fraudulent activities while ensuring strict adherence to global standards. By leveraging Eastnets’ advanced technology, Simpaisa is not only safeguarding its operations but also delivering peace of mind to its customers and partners by ensuring their transactions are secure, transparent, and compliant.
Khalil Sharawneh, Eastnets GCC Director, commented, “Remittances from the GCC are vital to many fast-growing economies and transformative to the lives of millions. Given our mission, Eastnets is delighted to have on-boarded Simpaisa, enabling safe and secure payments across their markets. Eastnets’ Safewatch Screening and Anti-Money Laundering compliance solutions will help streamline Simpaisa’s ability to monitor and manage risks efficiently in transactions and adhere to the highest global AML standards.”
Together with Eastnets, Simpaisa is building a more resilient and secure future for payments, positioning itself as a leader in the industry. This partnership enables Simpaisa to meet the evolving demands of the global financial landscape while continuing to innovate and extend its cutting-edge payment technology to merchants with rock-solid global regulatory standards. Simpaisa looks forward to the new opportunities this collaboration will bring as it strengthens its foundation for long-term success.
