Mashrek Pay

About Mashrek Pay

This app aims to empower generations and educate different age groups, especially those who have limited access to financial tools. From saving to spending, the solution aims to cover the daily lifestyle of students, enabling them to facilitate digital payments inside and outside school premises, under the provision of their
parents. The application is made to seed the sense of responsible spending, saving, and personal finance management.
The main pillars of the application are to raise financial awareness and literacy for student of all ages, creating a cashless society & enabling digital payments, and allowing parental control and instant money transfers within families
The mobile app forms the main digital channel for the user (Parents and Students), where they can fully view and control their account, as well as perform all functions including “Instant money transfer”. The mobile app is developed and launched under the schools' brand name. Parents can fully monitor and control all supplementary (children) accounts from within the app, while students are free to view their accounts from their own app accounts.