Mobile banking, the new and easier way to bank in Pakistan

Since 1947, Pakistan’s banking sector has come a long way. The current estimated population of Pakistan exceeds 182 million out of which roughly only 7% use banking services. With a network of 12,000 branches across Pakistan the banking footprint is well established, but has also been deemed insufficient. Taking [...]

By Jamie Roberts|2020-05-08T09:15:41+01:00Published: May 31st, 2015|Updated: May 8th, 2020|Tags: , |

M-Pesa: Yet to make an impact in India

M-Pesa has established itself globally as one of the most successful mobile micro-finance and money transfer services. Its network consists of the following countries and regions: Afghanistan, South Africa, parts of Eastern Europe, Kenya, and India. Vodafone, India’s second largest mobile operator introduced M-Pesa in India in 2011. It has [...]

By Jamie Roberts|2020-05-08T09:15:52+01:00Published: May 31st, 2015|Updated: May 8th, 2020|Tags: , , , |

Pakistan’s Easypaisa makes banking popular and accessible

Pakistan’s first mobile based branchless banking service, Easypaisa, is the creation of Tameer Microfinance Bank and the international telecommunication giant, Telenor. Established in 2009, the service is now accessible in more than 800 cities and towns throughout Pakistan. It has an average of six million users per month. In [...]

By Jamie Roberts|2019-01-11T18:24:21+00:00Published: May 31st, 2015|Updated: January 11th, 2019|Tags: , , , |

Ufone joins mobile banking with Upaisa and Ubank

Ufone was the fourth telecommunication company to join Pakistan's mobile banking party with Upaisa. As the saying goes, it’s better late than never. It has given existing Ufone customers something to rave about. With mobile banking services being in the market a few years before Ufone’s introduction of [...]

By Jamie Roberts|2019-01-11T18:29:36+00:00Published: May 20th, 2015|Updated: January 11th, 2019|Tags: , |

mPOS in Hong Kong – which were the first providers?

New mobile payment systems give merchants and small business owners in Hong Kong a chance to accept credit cards easily on the go. mPOS terminals allow local businesses to accept international payment cards such as Visa, MasterCard and JCB wherever they are. An external card reader is connected to [...]

By Edle Tenden|2018-09-13T11:06:34+01:00Published: May 23rd, 2014|Updated: September 13th, 2018|Tags: |