SadaPay, a fintech company that launched a business account SadaBiz earlier this year, is now unveiling a groundbreaking development.
SadaBiz users can now receive payments through Apple Pay, this marks a momentous occasion for freelancers throughout Pakistan.
This announcement was made during SadaPay’s inaugural SadaSummit, held at COLABS. The event brought together industry experts, thought leaders in the freelancing ecosystem, and early adopters of SadaBiz.
In addition to the Apple Pay revelation, the agenda featured panel discussions and fireside chats that exuded optimism for Pakistan’s future as a global freelancing hub.
Apple Pay’s user base, surpassing 550 million, has now outpaced PayPal’s 450 million users. What’s more, the payment volume through Apple Pay is four times larger than PayPal’s and continues to grow exponentially.
With over 2 billion iPhones globally equipped with Apple Pay, the potential reach is vast. Recognizing the significance of this and the need for a popular and trusted payment method for Pakistani freelancers to receive payments from their clients, SadaPay took this significant step.
SadaPay also announced that SadaBiz will soon accept payments via Google Pay, which is following a similar trajectory in terms of global user adoption. SadaPay has bridged the gap left by international payment companies that have long neglected the Pakistani market.
Collectively, SadaPay has connected Pakistani freelancers with over 700 million devices worldwide that have access to Apple Pay and Google Pay.
Another major unveiling at the event was their innovative initiative – SadaSchool. According to their CEO, Brandon Timinsky, this initiative is designed to serve Pakistan’s talented youth. SadaSchool offers a free platform that includes Masterclasses to help individuals progress from novice to expert as freelancers, along with a Discord community established for peer support and mentorship.
They have created a network of experts and thought leaders in various fields who host regular workshops to share their insights on high-income skills such as graphic design, copywriting, and programming.
With SadaSchool, SadaPay aims to empower Pakistan’s digital generation to make a significant impact in the global gig economy.
Why is this a significant development for Pakistan? Despite its growing tech talent and a surge in freelancers, Pakistan has faced challenges when it comes to receiving payments from international clients due to the absence of PayPal. However, the introduction of Apple Pay is a game-changer.
Now, a freelancer in Lahore working with a client in New York no longer needs to navigate through third-party platforms and incur fees and commissions. SadaBiz allows freelancers to generate a simple payment link, which they can send to their clients via WhatsApp or email. The client can then click the link, select Apple Pay as the payment method, and complete the transaction in seconds.
“Our vision is crystal clear: the future of work for Pakistani youth lies in freelancing,” stated Brandon Timinsky, CEO of SadaPay. “The integration of Apple Pay is a significant leap toward realizing this vision.
This initiative not only unlocks employment opportunities for our skilled youth but also plays a crucial role in bringing valuable foreign exchange into Pakistan.”