Telenor Pakistan & Hysab Kytab Partner to Offer a Personalized Experience to Users

CategoriesPress Release

Hysab Kytab (HK) has entered into a partnership with Telenor Pakistan to collaborate on gaining a deeper understanding of consumer preferences. The collaboration will help drive a deeper and more holistic understanding of consumers that will lead to the individual-level personalization of products and services in Pakistan.

Hysab Kytab (Private) Limited, founded in 2018, is a financial technology company that serves individuals and businesses through a suite of financial management solutions.

The partnership will involve collaboration in the domains of Market Research, Credit Risk Profiling, Analytics as a Service, Data insights and Targeted Advertising.

Yasir Ilyas, Country Head, Hysab Kytab, while sharing his views about the partnership said,

Despite the increasing trend of electronic payment systems with higher rates of adoption by the general public in Pakistan, the most common transacting medium is still cash. Last year, 45.8% of all transactions alone were made using cash (PKR 75.9 Million) while ATMs processed PKR 470.6 million.

Since the last visibility point for cash transactions is when cash is withdrawn from the ATM, the insights into cash-based consumer spending is virtually nonexistent. Hysab Kytab and Telenor can achieve higher rates of customer satisfaction and understanding through the addition of many more data-points that lead to a 360-degree view of the customer.

“We see a lot of value in partnering with one of the largest telcos in Pakistan as it would enrich the insights with the great work that the Telenor team has done with their analytics portal,” he added further.

Both Hysab Kytab and Telenor Pakistan see this as the first step towards the establishment of a consortium with other major players to further enhance the consumer experience.

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How to set a budget?
To set budget to pfm, tap on budgets then tap on ‘’create new’’ budget button. You can choose category and allocate amount for budget.
How to add a new transaction?
To add new transaction, you can tap on plus button (bottom), select transaction type, add amount, select category, select account, to add detail (optional) you can add description, tags, location, receipt etc. In case of recurring transaction set time interval.
How to filter out past transactions?
Tap on filter icon to filter out / sort transactions by category, amount and transaction type.
How to set saving goal?
To set saving goals with hysabkytab tap on create new option, name your goal, add amount, set target date, add tags (optional), choose icon (optional), tap on create saving goal option.
how does tag work in hysabkytab?
Tags work just like a sub-category in hysabkytab. For example, you added an expense transaction for rs.350, category (transport), account (cash) and you added a tag name (uber). Now you can search through your tag. To search, tap on history, tap on search bar, type your tag name (uber)
How to change personal accounts into income and expense accounts?
New hysabkytab has person account only for lending and borrowing. You can change your previous personal account into income and expense accounts. For that create a new cash account with same name, but don’t enter balance, then make a transaction of transfer (from old account to new account with initial balance).
Why hysab kytab asks for camera access?
Certain features in hysab kytab requires access to your camera/gallery for example if you want to attach receipts with transaction, or you want to post sale alerts, in those scenarios you are required to give access to your camera/ gallery.
Why hysab kytab asks for my location?
When you try using the feature of adding place to your transactions, the app requests your permission to give access to location services. If you allow the app to access these location services, you will be able to see what places you are spending your money at.
How to change a currency format?
You can adjust decimal according to your need, to change currency format, tap on left drawer (top left), tap on setting, tap on currency format (change by scrolling down)
How does reminders work in hysabkytab?
You can set reminder for any type of transaction. To set reminder, tap on left drawer, tap on reminder, tap on add button, set type, title, time, interval, date.
How to change time interval?
To change time interval, tap on money, tap on calendar icon (top right), change interval according to your choice002e
How to set 4-digit passcode?
To add extra layer of security, you can set 4-digit passcode on your hysabkytab app, to set 4-digit code, tap on left drawer, tap on setting, tap on security, set 4-digit pin.
How to create a backup on hysabkytab?
To take backup, tap on left drawer, tap on setting, tap on backup, you can either take backup on your device or google cloud.
After changing phones, how do i transfer my data from one phone to another?
you will have to create a backup on your google cloud from your old phone. If you are logged with the same google account in your new phone, you can restore the data from your google drive. Once restored, all your data will be retrieved automatically.
Cross platform backup
Hysabkytab does not support cross platform backup, you can only restore android backup to another android device only.