Press Releases

26
November 2014

Easypaisa launches Pakistan's first 'International Remittance Doorstep Delivery' Service

Pakistan's first and largest branchless banking service and a joint venture between Tameer Micro Finance Bank and Telenor Pakistan, Easypaisa has collaborated with the International Remittance partner Xpress Money to launch Pakistan's first international remittance doorstep delivery service for its customers. 


The Easypaisa International Home Transfer facility provides the safety and convenience to receive remittances sent up to PKR 50,000 from over 150 countries through Xpress Money, at more than 50,000 Easypaisa shops across 800 cities in Pakistan. Now, customers living in Karachi, Lahore, Islamabad and Rawalpindi can avail the Easypaisa International Remittance Doorstep Delivery service by calling the Easypaisa helpline by dialing 3737 or 111-345-100 and request to receive their remittance through a courier service after the provision of required documents. The service is free for both the person sending the remittance from abroad and the receiver in Pakistan. 

Expressing his views on new service, Nadeem Hussain, CEO Tameer Micro Finance Bank said, Home Remittances from overseas Pakistanis play an extraordinary role in the economic development of Pakistan. Our received remittance stood at $ 6 billion in Q3 of 2014 signifying a growing demand of financial services for local beneficiaries. The Easypaisa International Home Transfer facility indicates our commitment to provide convenience and safety to both the remitter and beneficiary and contribute to Pakistan's economy as a smart and innovative partner.

Yahya Khan, Chief Financial Services Officer at Telenor Pakistan added, Easypaisa has a history of thought leadership in developing innovative products and services that match the needs of our customers. The Easypaisa International Home Remittance service is a convenient, reliable and secure service that will eliminate the inefficient mechanism of money transfers from abroad into the country. Furthermore, this service facilitates the segment of society that is unable to collect remittances conveniently by leaving their house. As the first International Remittance Doorstep Delivery service in Pakistan, at no extra cost, we are hopeful that customers will seek out the additional convenience provided by Easypaisa.

About Easypaisa
Pakistan's first and largest branchless banking solution, Easypaisa, was launched jointly by Tameer Micro Finance Bank and Telenor Pakistan in 2009. Easypaisa has the largest financial footprint in Pakistan with over 50,000 Easypaisa shops in more than 800 cities across the country. Nearly 400,000 transactions take place on Easypaisa every day and nearly 6 million unique customers use Easypaisa services every month. Easypaisa has the largest product portfolio of services for its customers including remittances, payments, savings and insurance and offers ATM cards and IBFT services that work with all banks connected through 1-Link in Pakistan. In February 2014, Easypaisa won two GSMA Awards for the Best Mobile Money Service in the world and the Best Mobile Service for Women in Emerging Markets at the Mobile World Congress, Barcelona, Spain. For more information, please visit: www.easypaisa.com.pk 

About Telenor Pakistan
Telenor Pakistan is a provider of high quality telecommunication services in Pakistan since 2005. It has 36 million subscribers, over 2,800 employees and a nationwide network covering more than 8,000 cities. Telenor also holds a majority share in Tameer Micro Finance Bank Limited. Telenor Pakistan is 100% owned by Telenor ASA and adds on to operations in Asia.