TAG Launches Revolutionary New Banking App Changing the Way Pakistanis Bank

TAG Unveils Revolutionary New Banking App that Revolutionizes How Pakistanis Bank

TAG is revolutionizing banking in Kenya by providing customers with instant access to a bank account, Visa debit card and online payments system. They can transfer funds globally to any bank or wallet, pay utility bills and recharge mobile phones - all through their digital banking platform! With 70% of the population not-banked, this platform offers customers unparalleled convenience. Get more details about tag fintech visit our blog.

The app also has several useful features, such as effortless bank transfers and P2P transfers that are free of charge. Furthermore, you can use it for secure online purchases with added peace of mind.

At present, TAG is dedicated to offering digital banking solutions to a diverse group of customers - from individual consumers to small businesses and large corporates. A team of financial specialists work tirelessly around the clock to assist its customers with their everyday banking requirements.

TAG is certified by the State Bank of Pakistan as an Electronic Money Institution (EMI), meeting all service standards and requirements to guarantee secure monetary services delivery. TAG's systems adhere to stringent security protocols such as 128-bit AES encryption, access control, and secure processes that protect users' funds.

Talal Gondal, CEO of the company, revealed that Liberty City Ventures, Canaan Partners, Addition LP, Mantis Venture Capital and Banana Capital LP are among its investors. Other investors include Quiet Capital and Fatima Gobi Ventures as well.

About TAG Fintech

Established in 2020, TAG is a digital native financial super app that integrates everyday banking services with instant peer-to-peer (P2P) and online payment mechanisms. The platform strives to revolutionize how people bank within countries by offering an all-inclusive experience and providing high levels of convenience to all users - even the most vulnerable.

TAG, one of Pakistan's most prominent digital platforms, boasts over 1 million users and links to 600 partner banks worldwide - giving it a competitive edge in attracting new users. TAG has developed an innovative banking system based on principles established by global leaders like Visa and MasterCard.

TAG's platform is cloud-based and compatible with both Android and iOS devices. It boasts an extensive Know Your Customer (KYC) process that verifies customer identity by applying 40 different verification algorithms to 40 different signs, such as live image capture or photographs of documents.

TAG is considering expanding its neobanking system on its platform to other regions of the world, in an effort to attract new investments and expand beyond Pakistan by the first half of 2023.

To open an account with a bank, you'll need a valid passport or ID card and bank passbook. Additionally, they need your address, date of birth, phone number and other personal details. A copy of your driving license and proof that you have enough funds to meet any financial obligations associated with opening an account are also necessary.