Easypaisa Launches ATM Cards

Easypaisa has officially launched the ATM cards for its mobile account holders, reported The Nation.

Paper said that after the soft launch of Easypaisa ATM cards earlier this year, Easypaisa has now commercially launched the cards for its mobile account holders.

Easypaisa Mobile Account holders can get their ATM cards from Telenor Service Centres or from Tameer Bank branches.

Card Issuance charges are set at Rs. 200 per ATM card, while transaction charges are Rs. 25 per transaction.

With ATM cards, Easypaisa mobile account holders will no longer be required to visit Easypaisa outlets, instead they will be able to withdraw the cash through any 1-link ATM machines across Pakistan.

Omar Moeen Malik, Head of Strategy for Easypaisa, Telenor Pakistan was quoted as saying that Pakistan is now one of the very few countries in the world, where any person with a CNIC can open a free bank account on his Mobile Phone in under two minutes, pick up an ATM card and link it to his account easily.

Mobile financial service providers are seeing strong growth in their person-to-person transactions, which do not require permanent mobile accounts.

Number of mobile account holders in the country, on the other hands, is not very impressive. However, services such as ATM cards may give required incentive to masses to ultimately have mobile accounts. More services such as netbanking and mobile apps to manage mobile account can further boost the usage.

It maybe recalled that UBL Omni already offers ATM cards to its customers. Other mobile financial services are also planning to launch ATM cards and mobile apps for their customers to manage their mobile accounts.



About SuNNy

Join Me On Facebook Facebook.com/Tricks4Pak
This entry was posted in Technology News and tagged , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s