Commerce Desk<\/p>\n
Islamabad: The Special Technology Zones Authority (STZA) grants a Zone Enterprise\u00a0 license to JazzCash, bringing Pakistan\u2019s leading fintech platform and its 62 million registered customers into\u00a0the Special Technology Zone framework. JazzCash will run its technology operations from Tech 7 Special\u00a0Technology Zone, a state-of-the-art Science and Technology Park based out of Sector B17, Islamabad.<\/p>\n
![\"\"](\"https:\/\/dailyspokesman.net\/live\/wp-content\/uploads\/2026\/09\/STZA-Welcomes-JazzCash-as-New-Zone-Enterprise-Licensee-at-Tech-7-298x300.jpg\")
STZA is the autonomous federal regulator and enabler for Special Technology Zones (STZs), operating under\u00a0the Cabinet Division, with a mandate to enable, license and regulate the STZs and technology enterprises\u00a0housed within, to promote and expand Pakistan\u2019s knowledge and technology economy domestically and\u00a0globally.<\/p>\n
JazzCash operates the nation’s largest digital payment acceptance infrastructure, with its Raast QR network\u00a0now stretching across 1.7 million merchant locations nationwide, advancing the national cashless economy\u00a0agenda. Complementing this scale, the platform\u2019s expanding digital lending portfolio is equally noteworthy,disbursing an average of 224,000 loans per day in Q2 2026, extending formal credit to microentrepreneurs,including women-led enterprises. Together, these milestones underscore JazzCash’s dual role as both a digital\u00a0financial services powerhouse and a catalyst for financial inclusion across Pakistan.<\/p>\n
JazzCash’s arrival to STZA ecosystem adds to a base of fintech companies that has been growing steadily.<\/p>\n
Since its inception, STZA has notified 32 zones across Pakistan, of which 20 are operational, hosting more\u00a0than 300+ technology enterprises and over 30,000 technology professionals. It is pertinent to highlight that\u00a0over US$190 Million of goods and services were exported by the STZA licensed companies in FY 25-26.<\/p>\n
Hamza Saeed Orakzai, Chief Market Development Officer at STZA, said: \u201cJazzCash is one of the country\u2019s\u00a0leading fintech and digital financial services companies, and its move into the STZA ecosystem strengthens a\u00a0fintech portfolio we\u2019ve been building deliberately. We expect more firms of this calibre, Pakistani and\u00a0international, to follow.\u2019\u2019<\/p>\n
Aamir Aftab, Chief Product Officer at JazzCash, said: “Tech 7 gives us a base within a zone designed for exactly\u00a0the kind of innovation our platform depends on, and the STZA framework supports the long-term investment\u00a0we’re putting into serving our growing customer base. It gives our developers the environment to keep building\u00a0innovative solutions, from the infrastructure behind our Raast-enabled interoperable QR network to our digital\u00a0lending products, which already reach millions of merchants and borrowers every day.”<\/p>\n
Financial technology now sits at the heart of information technology, artificial intelligence, cloud computing,agri-tech, business process outsourcing and high-tech production, enabling commerce, payroll, tax collection\u00a0and small-business credit. The Special Technology Zones Authority (STZA) and JazzCash are strategically\u00a0aligned to bolster Pakistan\u2019s technology ecosystem by integrating regulatory enablement with digital financial\u00a0infrastructure. STZA establishes the fiscal terms and licensing frameworks essential for long-term tech\u00a0investment, while JazzCash brings the digital financial services infrastructure and reach that underpin Pakistan’s\u00a0shift toward a cashless economy.<\/p>\n","protected":false},"excerpt":{"rendered":"
Commerce Desk Islamabad: The Special Technology Zones Authority (STZA) grants a Zone Enterprise\u00a0 license to JazzCash, bringing Pakistan\u2019s leading fintech platform and its 62 million registered customers into\u00a0the Special Technology Zone framework. JazzCash will run its technology operations from Tech 7 Special\u00a0Technology Zone, a state-of-the-art Science and Technology Park based out of Sector B17, Islamabad. […]<\/p>\n","protected":false},"author":2,"featured_media":65895,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[253],"tags":[1650,1649,1648],"class_list":["post-65894","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-jazzcash","tag-special-technology-zones-authority-stza","tag-stza-welcomes-jazzcash-as-new-zone-enterprise-licensee-at-tech-7"],"_links":{"self":[{"href":"https:\/\/dailyspokesman.net\/live\/wp-json\/wp\/v2\/posts\/65894","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyspokesman.net\/live\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyspokesman.net\/live\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyspokesman.net\/live\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyspokesman.net\/live\/wp-json\/wp\/v2\/comments?post=65894"}],"version-history":[{"count":2,"href":"https:\/\/dailyspokesman.net\/live\/wp-json\/wp\/v2\/posts\/65894\/revisions"}],"predecessor-version":[{"id":65898,"href":"https:\/\/dailyspokesman.net\/live\/wp-json\/wp\/v2\/posts\/65894\/revisions\/65898"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyspokesman.net\/live\/wp-json\/wp\/v2\/media\/65895"}],"wp:attachment":[{"href":"https:\/\/dailyspokesman.net\/live\/wp-json\/wp\/v2\/media?parent=65894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyspokesman.net\/live\/wp-json\/wp\/v2\/categories?post=65894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyspokesman.net\/live\/wp-json\/wp\/v2\/tags?post=65894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}