KARACHI - ABHI, a Pakistan-based fintech and Unveel.io, a UAE-based API-Widget are combining their expertise to offer the facility of Earned Wage Access to ride-hailing and delivery drivers in Pakistan and UAE for the first time.
As the world economy struggles to get back on the rails, this comes as a ray of hope for workers. Hundreds of thousands of workers who were previously at the mercy of pay cycles over which they had no control are now better placed to manage the ongoing cost-of-living crisis, thanks to the combined efforts of Unveel.io, an acknowledged expert in API payroll data, and ABHI, whose Earned Wage Access solutions have placed them at the head of their field.
These two companies ensure that workers will now be able to access their earnings in real-time and be paid for their services on the same day, rather than be paid after a whole month. This will allow them to be in more control of their finances and lead a more productive and stress-free life.
Max Moscicki, Vice President of Unveel.io, said, "Our philosophy is that once you have earned something, you should have access to it right away, and Unveel’s real-time data enables that. Anything else is basically not giving you what you deserve. Having to wait for a distant payday is something that many gig workers cannot comfortably do, nor should they have to.
Ride-hailing drivers and delivery couriers are some of the hardest working people out there, and we think that they deserve straightforward access to the fruits of their labour on their own terms."
Omair Ansari, CEO, and Co-founder of ABHI said, “Employees should no longer have to feel ashamed to ask for the money they rightly deserve. Through our Earned Wage Access product, people can acquire their earnings instantly, which we believe is a basic human right. We are thrilled to partner with Unveel.io and believe that this partnership will open newer avenues to financially empower working individuals, enabling them to live a happier, healthier, and more productive life.”
Pakistani currency saw minor adjustment against global currencies on April 17, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.
Euro comes down to 293.15 for buying and 296.1 for selling while British Pound stands at 344.25 for buying, and 347.6 for selling.
UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30.
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 277.4 | 280.4 |
Euro | EUR | 293.15 | 296.1 |
UK Pound Sterling | GBP | 344.25 | 347.6 |
U.A.E Dirham | AED | 75.45 | 76.2 |
Saudi Riyal | SAR | 73.3 | 74.05 |
Australian Dollar | AUD | 181 | 182.5 |
Bahrain Dinar | BHD | 739.38 | 747.38 |
Canadian Dollar | CAD | 201 | 203 |
China Yuan | CNY | 38.45 | 38.85 |
Danish Krone | DKK | 40.45 | 40.85 |
Hong Kong Dollar | HKD | 35.57 | 35.92 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 902.26 | 911.26 |
Malaysian Ringgit | MYR | 58.24 | 58.84 |
New Zealand Dollar | NZD | 164.75 | 166.75 |
Norwegians Krone | NOK | 25.38 | 25.68 |
Omani Riyal | OMR | 722.1 | 730.1 |
Qatari Riyal | QAR | 76.37 | 77.07 |
Singapore Dollar | SGD | 204.5 | 206.5 |
Swedish Korona | SEK | 25.72 | 26.02 |
Swiss Franc | CHF | 307.11 | 309.61 |
Thai Bhat | THB | 7.61 | 7.76 |
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