Karachi
\nABHI, a leading embedded finance platform in the MENAP region, has partnered with People, Pakistan\u2019s largest HR services provider, to offer earned wage access (EWA) to People clients.
\nThis collaboration will empower employees across industries to access their earned wages in real time, promoting financial wellness and reducing financial stress.
\nThrough this partnership, ABHI\u2019s EWA solution will be integrated into People\u2019s HRMS platform, allowing employees to access a portion of their earned wages before payday via the ABHI app or SMS.
\nThis service will provide employees with greater financial flexibility, helping them to manage expenses, avoid debt, and improve their overall financial well-being. Additionally, employers will benefit from streamlined processes, reducing the administrative burden of handling salary advance requests and paperwork.
\nRayaan Saeed, Head of Sales of ABHI, shared his thoughts on this partnership: \u201cOur partnership with People represents our shared vision of promoting financial wellness.
\nBy providing employees with Earned Wage Access, we are enabling them to take control of their finances and alleviate the stress associated with traditional payday schedules.
\nIntegrating our EWA solution into People\u2019s HRMS platform not only enhances the employee experience but also underscores the importance of financial inclusivity in today\u2019s workplace.\u201d
\nAbrahim Butt, Director Marketing & Product Development, emphasized the importance of the collaboration, stating: \u201cAt People, our commitment to enhancing employee well-being drives every partnership we form.
\nBy introducing Earned Wage Access (EWA) in collaboration with Abhi, we are empowering our workforce with greater financial flexibility and control. This collaboration enables employees to access their earned wages on demand, transforming traditional payroll systems into a tool that promotes financial wellness and security. Together with Abhi, we are pioneering a future where financial accessibility is at the forefront, ensuring that our workforce thrives in an increasingly dynamic economic landscape.\u201d1
\nPeople is Pakistan\u2019s largest HR services provider, offering comprehensive HR support to some of the world\u2019s largest companies.
\nTheir advanced HR technology platform, People-i, is used across more than 20 countries by clients such as the United Nations, Huawei, Nielsen, and IBM.
\nWith a strong global footprint, People has recruited and outsourced over 150,000 employees worldwide.
\nABHI, founded in 2021, is aimed at increasing financial inclusion across the region and has been serving Pakistan, UAE, and KSA through its credit-bridging products.
\nThese products include Earned Wage Access, SME Working Capital Financing, and Payroll Solutions, designed to empower businesses and their employees financially.
\nAs organizations around the world increasingly recognize the importance of prioritizing employee well-being, the partnership between ABHI and People stands as an example of employers coming together to create a positive social impact.
\nThe introduction of earned wage access through ABHI will not only enhance the employee experience but also contribute to higher employee retention and engagement for People\u2019s clients.<\/p>\n","protected":false},"excerpt":{"rendered":"
Karachi ABHI, a leading embedded finance platform in the MENAP region, has partnered with People, Pakistan\u2019s largest HR services provider, to offer earned wage access (EWA) to People clients. This collaboration will empower employees across industries to access their earned wages in real time, promoting financial wellness and reducing financial stress. Through this partnership, ABHI\u2019s …<\/p>\n","protected":false},"author":4,"featured_media":71610,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-71590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/71590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=71590"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/71590\/revisions"}],"predecessor-version":[{"id":71613,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/71590\/revisions\/71613"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/71610"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=71590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=71590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=71590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}