Telenor Pakistan launches mobile banking service called “easypaisa”

Telenor Pakistan along with Tameer Microfinance Bank launched a mobile banking service called “easypaisa“. Using the new service, Telenor’s customers in Pakistan will be able to make bill payments, send and receive money at thousands of outlets, as well as manage their bank accounts — all while on the go.

Commenting on the new service launch, Governor State Bank of Pakistan, Syed Salim Raza, said: “Helping people to get access to financial services is central to improving their livelihood. Branchless banking has been used internationally as a successful tool to reach customers who cannot be served by conventional branch-based financial services. That is why State Bank has been very supportive of innovative synergies in this field, a prime example of which is easypaisa by Tameer Bank and Telenor Pakistan.”

And the good news doesn’t stop there. The two parties plan to introduce additional services to “easypaisa” such as mobile wallet, cash deposits and withdrawal facilities. Cool, don’t you think?

[Via: CellularNews]