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TMCNet:  Warid Telecom and Bank Alfalah launch 'Mobile Paisa'

[July 25, 2014]

Warid Telecom and Bank Alfalah launch 'Mobile Paisa'

(Daily Pakistan Today Via Acquire Media NewsEdge) Warid Telecom and Bank Alfalah Limited have announced the launch of their marketing campaign for branchless banking services under the brand name "Mobile Paisa" in Pakistan. The launch of Mobile Paisa was announced earlier this year with the promise of trust and convenience.


The service is launched in collaboration with Monet (Pvt) Limited as the technology provider, who are using the technology of visa international, to offer branchless banking solutions to banks and telcos nationwide.

oth Warid Telecom and Bank Alfalah Limited aim to bridge the gap between banking services and consumers while providing state of the art mobile financial services, bringing convenience, reliability and security all together for their customers.

The available services include money transfer, bill payments and customer mobile wallets while more services are in the pipeline for consumers, corporate and G2P which will be launched soon. The companies understand the importance of timely payments of bills and transfer of money and other financial needs of customers, hence intend to provide convenience to its consumers accordingly.

Speaking on Mobile Paisa hitting over 10,000 agents for branchless banking, Warid Telecom's Chief Executive Officer, Muneer Farooqui said, "We are constantly growing in every aspect, with one of the top ARPUs, our brand is acknowledged as the most reliable and transparent in the Industry. Our branchless banking brand, Mobile Paisa, is aimed at making mobile financial services effortless task for their consumers. In this era of modernisation and technical development, it is essential to digitize and enhance transacting convenience through a secure and swift system. With the strong backing of the Abu Dhabi Group, we are constantly putting every effort to ensure that we remain unmatched in providing innovative services to our valuable customers. Bank Alfalah is one of the biggest banking institutions in Pakistan and this is the edge that Mobile Paisa enjoys over its competitors in this telecom-banking collaborative product."

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