Published On: Mon, Dec 16th, 2013

Easypaisa Launches ATM Cards

Corpoprate News (Pakistan News) Easypaisa

Corpoprate News (Pakistan News)

As reported by The Nation, a leading newspaper in delivering Pakistani news, Easypaisa, which is an initiative started by Telenor has recently launched its ATM cards for its mobile account holders.

These ATM cards can be issued at the cost of Rs.200 per card and can be attained from any Telenor service center and Tameer Bank branches. With the issuance of these ATM cards Easypaisa mobile account holders will now be able to easily withdraw cash through 1-link ATM machines across Pakistan at a rate of Rs.25 per transaction.

The, Head of Strategy for Easypaisa, Telenor Pakistan, Mr. Omar Moeen Malik applauded this initiative and said that Pakistan has now entered the list of a few countries of the world where anyone holding a CNIC can open a bank account in about less than 2 minutes after which he can attain an ATM card which is linked to its mobile bank account.

Although the users of Mobile financial services in Pakistan has been at a low over the years but initiatives such as issuance of ATM cards will strongly help this sector to escalate rapidly.

It should also not be forgotten that UBL Omni already offers its customers the privilege to use ATM cards which are linked to their mobile phone accounts. Hence, this has forced other mobile financial service providers in the country to launch ATM cards and mobile apps for their customers to make their on the go transactions even smoother.

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