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Hackfest
The rapid rush to digitization pushed by the pandemic period over the last 15 months has sparked something of a renaissance among peer-to-peer (P2P) payments players, not only expanding their offering to consumers but also by looking to take on larger chunks of the markets they serve. Pakistan received record $29.4 billion remittances during the financial year 2020-21 as non-resident Pakistanis continued to send over $2 billion foreign exchange for the 13th consecutive month in June, latest data shows(State Bank of Pakistan). With Pakistan recently being ranked as the 4th Largest Freelance Market by Payoneer, we quickly need digital wallets to store & help in providing current and historical foreign exchange rates, convert foreign currencies like USD, EUR, SGD for business dealings and do quick P2P payments to anyone in Pakistan. On top of that use of Open API could be a savior in such a situation. Use these free, simple, and lightweight API’s to building a platform addressing those challenges mentioned above and join JSBL to accelerate Pakistan digitally.
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