Pakistan Post to introduce Mobile Money Transfer Service

mobile money transfer by Pakistan Post

Pakistan Post is getting a makeover. Now the citizens can send money to their loved ones without getting entangled in the outdated system as Pakistan Post is introducing mobile money transfer solution under the private and public partnership.

Also ReadPakistan Post to expand Electronic Money Order service to 12,000 post offices

The organization is set to transform its manual money transfer system into a digital one that will meet all the international standards. The mobile money transfer system will provide the following services to the citizens:

  • Pension
  • Micro-finance
  • Poverty alleviation schemes
  • ATM
  • e-commerce
  • Insurance
  • International Remittances
  • Wallet Cards
  • Mobile Application

The trend of online money transfer is gaining momentum in Pakistan where people have been using services like Easypaisa, JazzCash etc. for fast transfer. In this day and age, Pakistan Post has no other option but t digitize its operations to compete with various private services and companies.

Also Read: JazzCash partners with HomeSend to enable international money transfer

Pakistan Post is also considering to start Logistic services for the general public. It has established POSTLOG, a logistics company under this project. It is yet unknown how this service will give tough time to already present services like TCS, Daewoo etc. who dominate the logistics market for intra-country transfers.

It is also working towards digitizing its post offices in the country to provide better services to the people.

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