While making the mobile payments more easy and affordable, Pakistan’s pioneer mobile banking service, Easypaisa by Telenor Pakistan has collaborated with the Utility Stores Corporation-the largest retail chain in the country. Easypaisa to Digitize the Payment System of Utility Stores Corporation Across Pakistan. According to the MoU signed today, Easypaisa will offer its services to 5,000 Utility Stores across Pakistan.
In addition to affordable groceries, people will have access to affordable financial services from these locations.
The 50 million Pakistanis who shop at Utility Stores will now access to convenient, secure and fast financial transactions, while Easypaisa will help digitize Utility Stores for payments, bringing down the servicing cost and increasing the servicing speed.
Both Easypaisa and Utility Stores Corporations with this agreement aims to change the destiny of Pakistan.
Mobile transactions in Pakistan is currently witnessing a phenomenal growth; reveled by State Bank of Pakistan Report of Q4, 2016. Further this MoU will help the mobile financial sector to grow and become exemplary in the region.