Telenor Pakistan’s mobile financial services division, Easypaisa is being transferred to Tameer Bank.
According to ProPakistani, Easypaisa which was Telenor Pakistan’s product is being redirected to Tameer Bank, which was acquired last year by Telenor Group.
Branchless banking in Pakistan is gaining momentum and Easypaisa is among the first ones to introduce a new payment and banking solution to people.
Through this move, the mobile financial services division will come directly under the authority of Tameer Bank where Ali Chaudhary, President, and CEO of Tameer Bank, will head the two entities. Once the mobile banking division is successfully
Once the mobile banking division is successfully transferred to the bank, Easypaisa will have its own digital agency, PR agency and various vendors that it requires for its day to day operations. It may, however, keep using the Telenor Pakistan’s office space in some cities but will likely be charged like other sister concerns.
It may, however, keep using the Telenor Pakistan’s office space in some cities but will likely be charged like other sister concerns. Also, the integration of Telenor Pakistan and Easypaisa may remain intact for now but can charge each other for various services obtained by each other.