Careem expands Engineering Hubs across Pakistan, Jordan and Egypt; with dozens of open engineering roles. Careem, the region’s leading everything app, invests in its engineering hubs in Pakistan, Jordan and Egypt, with dozens of open engineering roles across Karachi, Lahore, Islamabad, Amman, Cairo and Alexandria.
(more…)Tag: Careem Pakistan
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Careem introduces offline booking to counter internet outrage in Pakistan
In response to the widespread internet outage in Pakistan, Careem, the popular online cab service, has taken a proactive step by introducing an alternate method for booking rides. The company has implemented an offline booking system through three dedicated helplines, specifically for customers in Karachi.
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Careem customers donate Rs10.3 million
KARACHI: Careem, the Super App for the greater Middle East and Pakistan on Friday announced they received donations worth Rs10.3 million during last two years through its reward feature.
These donations were made by customers using the Careem app to multiple reputable charities including, Indus Hospital, The Citizens Foundation (TCF), World Wide Fund for Nature-Pakistan (WWF-Pakistan), NOWPDP, SOS Children’s Village, CYTE Foundation, Saylani Welfare Trust and Shahid Afridi Foundation (SAF).
READ MORE: SBP issues electronic money license to Careem Pay
The donation amount was revealed at an event where notables from multiple charities and Careem were present.
Feroz Jaleel, Country Head, Careem Pakistanexpressed his gratitude for this generous initiative and said “We believe technology has the potential to act as an enabler in society, allowing people to donate using our Super App.
It makes me very happy that our customers have come forward and contributed to the betterment of society. It is our responsibility to look after the less fortunate and support those in need”.
READ MORE: Careem signs agreement to provide logistic solution to Unilever
Careem rewards are virtual redeemable points that customers receive upon using any of the available services in the mobile application across the region.
In Pakistan, customers get these points from taking a ride to using the delivery service or mobile phone recharge. Customers can redeem these points to get buy-one-get-one meals, discounts on entertainment and shopping from a variety of options available in the rewards section.
READ MORE: Careem Pakistan asked to facilitate expatriates availing services in country
These points can also be used to donate to charitable organizations to help them support the less fortunate people in society and make the world a better place to live.
Careem has more than 800,000 Captains registered on its platform so far. As the region’s multi-service application, Careem offers multiple opportunities as it expands its services from the mobility of people to mobility of things and money including daily essential deliveries, peer-to-peer credit transfer, and mobile top-ups.
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SBP issues electronic money license to Careem Pay
KARACHI: State Bank of Pakistan (SBP) has granted Careem Pay with an In-Principle-Approval (IPA) for an Electronic Money Institution license (EMI).
Careem has launched Careem Pay, its fintech affiliate, in Pakistan as an independent entity which plans to invest $50 million to leapfrog the fintech ecosystem in Pakistan. It will be led by Noman Khurshid as its General Manager.
This paves the way for Careem Pay to bring convenient and accessible financial services to 9+ million Customers, 800,000 Captains and 3000+ merchants both on and beyond the Careem App, subject to SBP final approval.
Once Careem Pay achieves operational readiness from SBP, it will offer services ranging from bill payments including utilities, government and education fees, peer-to-peer (P2P) transfer and wallet cash-outs.
READ MORE: Careem signs agreement to provide logistic solution to Unilever
In subsequent phases and subject to approvals from SBP, Careem Pay aims to provide cards, inward international remittance services as well as services that will enable Customers and merchants to make and accept online or offline payments.
This adds to the existing services available through Careem Pay which supports payment across all Careem services including ride-hailing and food delivery, as well as P2P credit transfer and mobile top-ups within the app.
Mudassir Sheikha, CEO and Co-founder of Careem said: “Careem Pay aims to simplify and improve lives by making everyday payments easier and more accessible for our Customers, Captains and merchants.
“We are thankful to the SBP for trusting us with an IPA for the EMI license which gives us an immense opportunity to empower people by delivering innovative payment experiences. With approximately 30 per cent of the total population and 18 per cent of women banked in Pakistan, we see this as an enormous opportunity to leapfrog cash payments into digital transactions. Chalo ‘Careem Pay’!”
READ MORE: Careem Pakistan asked to facilitate expatriates availing services in country
Noman Kurshid, GM Pakistan, Careem Pay added: “Careem is uniquely positioned to tap into the digital financial opportunity in Pakistan. With a massive Customer, Captain and merchant base across the country, conducting high frequency transactions on our platform, we understand the pain points and are well placed to deliver solutions to address them. We are excited to play our role in the digitization of Pakistan’s financial ecosystem and enhancing financial inclusion.”
Pakistan is bracing itself for a fintech revolution as the fifth most populous country in the world. Safe digital payment providers will be crucial to reducing Pakistan’s high levels of cash circulation which amounts to Rs7 trillion and 85 per cent cash-on-delivery via e-commerce.
With the significant growth in smartphone penetration in Pakistan, Careem Pay will enable Customers, Captains and merchants to access more simplified and convenient payment services.
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PTCL customers to get discount on Careem rides
KARACHI – Pakistan Telecommunication Company Limited (PTCL) has entered into a collaborative agreement with Careem, one of the leading ride-hailing platforms in Pakistan.
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Careem asked to facilitate expatriates
Careem Pakistan has been urged to provide concessions to expatriate Pakistanis at the time of using the services within the country.
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