In an official details from Telenor Pakistan, the joint venture of Telenor Pakistan and Tameer Micro Finance Band Eaisa Paisa got funds of $ 6.5 million from Bill & Malida Gates Foundation for improving the network of easypaisa.
Easypaisa is willing to expand its network to rural area of Pakistan. This was announced in a press conference held in Telenor Pakistan.
The Vice President of Financial Services of Telenor Pakistan is expecting very good results from the network spread in rural areas of Pakistan. Its will produce a better results for socio-economy efforts.
Director of the Gates Foundation, Rodger Voorhies said that, “While Easypaisa has seen rapid adoption of its payment and remittance services, adoption of mobile financial services, like saving and insurance, has been slower”.