Tag: Money

GSMA Global Mobile Money Certification scheme: safer way to transact money

| No Comments

article image Orange Côte d’Ivoire, Safaricom (Kenya), Telenor Microfinance Bank Ltd. (Easypaisa Pakistan), Tigo Tanzania and Vodacom Tanzania Are the First Mobile Money Providers to Become Certified At the Mobile 360 – West Africa event, the GSMA announced the launch of the GSMA Mobile Money Certification, a global scheme for mobile money providers to offer safer, more […]…Read More

Plastic Money and Digital Transactions trending in Pakistan

| No Comments

Adoption of digital transactions in Pakistan has seen a 17% growth YoY during 2016-17 as per annual performance review from State Bank of Pakistan (SBP). The credit goes to mobile broadband technology in Pakistan that has encouraged digital transactions. Increasing awareness and efficiency of e-commerce businesses and online payments systems are also responsible for this […]…Read More

Mobile Industry players unite to host the Mobile Money Hackathon in Karachi

| No Comments

PR: Key players in the mobile industry in Pakistan are collaborating to host a two-day Mobile Money Hackathon in Karachi on Saturday 7 – Sunday 8 October. Telenor Microfinance Bank and JazzCash, together with the GSMA, will host companies and developers in the financial services industry, including banks, aggregators, payments switches, start-ups, fintech companies and established […]…Read More

Survey report on Mobile Money Agent Networks of Pakistan

| No Comments

To share the findings from the second wave of the Agent Network Accelerator Pakistan Country study by Karandaaz Pakistan took place in Islamabad. All investors of the mobile money industry including EasyPaisa, JazzCash, UBL Omni etc. and regulators such as the State Bank of Pakistan and the Pakistan Telecommunication Authority has attended the event. The […]…Read More

Pakistan has largest quantum of money in circulation: Nadeem

| No Comments

Nadeem Hussain, founder, and coach of the Planet-N group of companies has revealed that Pakistan has the largest quantum of money in circulation 4 trillion dollars at a conference, titled ‘Futurism Commerce in Pakistan’, organized by New World Concepts at a hotel. He further stated that Pakistan has around 42 million smartphone users. Hussain talked […]…Read More

Mobile Money Agent Networks in Pakistan survey report released

| No Comments

article image PR: An event to disseminate the findings from the second wave of the Agent Network Accelerator – Pakistan Country study, hosted by Karandaaz Pakistan took place in Islamabad today. The event was attended by all stakeholders of the mobile money industry including EasyPaisa, JazzCash, UBL Omni etc. and regulators such as the State Bank of Pakistan […]…Read More

PTA workshop focuses on mobile money

| | No Comments

article image STAFF REPORT ISB: The mobile phone sector in Pakistan has shown an enormous growth which has creating striking opportunities for service providers and consumers to utilize mobile networks for carrying out various daily life tasks such as financial transactions. PTA Chairman Dr. Syed Ismail Shah said this during a workshop on Mobile Money at the PTA headquarters in Islamabad. He said that Pakistan has now moved in the era of broadband. By the end of February 2016, there are 29.8…Read More

Pakistan leads South Asia in mobile money

| | No Comments

article image STAFF REPORT ISB: Pakistan is leading its way in South Asia with nine per cent of its male and two per cent of its female citizens using mobile phones to carry out financial transactions, reveals a recent World Bank report. The study conducted by the Bank’s Global Findex Database, which provides in-depth data on how individuals save, borrow, make payments and manage risks, said that an average three per cent of people in South Asia used a mobile phone to send or receive money in…Read More

Mobi-cash, Shifa Foundation ink money transfer deal

| | No Comments

STAFF REPORT ISB: Shifa Foundation, a non-profit organisation rendering tertiary services in healthcare, entered into a joint venture with Mobi-cash (a service of Mobilink to conduct the financial transactions, primarily sending-receiving money within Pakistan along with other financial services) for collection of donations across the country. At the signing ceremony, Taimoor Shah, Associate Director of Shifa Foundation, gave a brief introduction of Shifa Foundation and its activities. He…Read More

Ufone takes Mobile Money Transfer Services one step ahead-Upaisa to issue Debit Cards

| | No Comments

article image In this world of UPaisa and EasyPaisa services, Ufone takes it one step ahead starting with the issuance of UPaisa Debit Cards. According to the Officials, you don’t need to have a bank account for debit card operations. Instead, you can use UPaisa Debit Card for multiple transactions without a bank account. The debit card can be used at ATM’s, 1-Link and M-Net; both services are given. UPaisa debit card is not only limited to ATM’s; it can also be used at retail stores such as…Read More