Warid Telecom Payment Gateway: MoU Signed between Warid Telecom, Meezan Bank and Monet
Warid Telecom, a leader in innovation in the Pakistan telecom industry, has signed a Memorandum of Understanding with Monet and Meezan Bank for rollout of the Warid Telecom Payment Gatewayfor Meezan Bank’s branchless banking services, with Monet as the technology partner for the venture. Through this memorandum, Warid Telecom and Bank Alfalah have been joined […]
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Meezan Bank Joined Hands with Monet and Warid Telecom to Start Branchless Banking
Meezan Bank has joined hands with Monet and Warid Telecom as partners for the rollout of sharia based branchless banking, an exciting and important new initiative that will allow people who do not have access to financial services to avail Islamic banking services. Meezan Bank signed an MoU with Bank Alflah and Warid Telecom as […]
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HBL Started Branchless Banking ‘HBL Express’ Countrywide
HBL is one of the leading banks in the country with huge lending of credit to agriculture sector. The bank issued loans of Rs 30.5 billion to different segments of agri-business in 2012 with 5.60 percent growth from previous year. It maintained deposits of Rs 8.44 billion from the agriculture sector in 2012 with paltry growth […]
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Ufone Branchless Banking: Opens its First Wallet Account
Ufone has opened its first Wallet Account of Branchless Banking. Ufone recently acquired Rozgar Microfinance Bank inorder to launch Ufone’s branchless banking setup throughout the country. Back in February 2013 Ufone has been granted licence to operate national wide U Microfinance Bank by State Bank of Pakistan. Now Ufone has opened its first wallet, a mobile banking […]
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Zong Holds Training Workshop on Branchless Banking for Journalists
Branchless Banking has witnessed a constant rise in popularity and a steady growth in the number of players during the recent years. Keeping in view that branchless banking is relatively a new phenomenon for telecom journalists, Zong – an international venture of China Mobile in Pakistan held a training workshop on branchless banking at Institute […]
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Warid Telecom and Bank Alfalah Join Hands to Start Branchless Banking
Branchless Banking is on-the-go in Pakistan and its popularity is increasing day by day. This time, a much awaited announcement from Warid Telecom that it has joins hands with Bank Alfalah to start Branchless Banking in Pakistan. Warid Telecom and Bank Alfalah, both are owned by Adu Dhabi Group. Bank Alfalah is the 6th largest […]
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Zong Started Branchless Banking ‘TimePey’
Zong has recently got their license from SBP for Branchless Banking in collaboration with Askari Bank. Today Zong has launched it’s Branchless Banking services which is named as ‘TimePey’. Recently, Moblink also started its branchless banking ‘Mobicash‘ and today Zong has launched ro its branchless banking service ‘TimePety’. Today an even is also held for the launch […]
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Zong Gets License from SBP to Launch Branchless Banking
Zong got issued license from State Bank of Pakistan to start branchless banking in collaboration with Askari Bank. Zong will provide different branchless banking services like mobile account, money transfers and utility bill payments etc. Earlier in September 2012 Zong and Askari Bank went under SBP audit and now SBP has issued the license this […]
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Waseela Microfinance Bank Officially Launched its Branchless Banking Services
Waseela Microfinance Bank in collaboration with Mobilink has officially started its Branchless Banking services. Now the 36 million Mobilink customers can take full advantage of these services and by using Mobile Banking Services, they can pay their Postpaid bills, Utility bills and even top-up to any Mobilink number. Beside these services, customers can also send […]
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Branchless Banking – Some Facts & Figures
Branchless Banking in Pakistan witnessed another quarter (Sep-Dec 2011 )with impressive growth on all fronts, the most prominent being the remarkable growth of Branchless Banking (BB) accounts and transactions. Reports said that the number of transactions per day registered 30 percent growth to Rs. 228,855 from Rs, 176,296 in July-September 2011. The report said the […]
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Mobile-Banking Achieving Financial Inclusion
Pakistan Mobile Banking is achieving its promise of financial inclusion in the economy as customers in large numbers have opened their accounts branch less banking system. more than, 929,000 mobile accounts have so far been registered with majority in level 1 accounts (92%) followed by level 2 95%) and level 3 (2%). Seemingly, this is […]
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Warid-Bank Alfalah to Start Branchless Banking
Abu Dhabi Group (ADG) has indicated to launch an independent mobile financial services company through joint-venture of Bank Alfalah and Warid, it was said in an official press statement. The group will enter into Pakistan’s mobile-banking industry with combination of two subsidiaries that will develop a branchless and electronic eco-system comprising products and value proposition […]
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HBL to Start Branchless Banking Soon: Applications invited for Agents
Habib Bank Limited has taken the step to start branchless banking to give competition to Easypaisa and UBL Omni. Although it was news that HBL will start brnchless banking services soon but it appears that Branchless Banking services from HBL won’t start before May-June 2012. Actually HBL is currently in process to inviting agents to […]
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