Warid telecom and Bank Alfalah join hands together to introduce their newest collaboration, Mobile Paisa. Mobile paisa is a mobilefinancial service. Its aim is to fulfill the banking needs of the rural population of Pakistan.
Mobile Paisa comes with the tagline “Chalta Rahey Pakistan”. The technology and framework for Mobile Paisa is provided by Monet (Pvt.) Limited. Monet has affiliated with Fundamo. Fundamo is a global mobile platform provider. It will provide branchless banking solutions.
Mobile Paisa is being launched fundamentally for paying utility bills and secure transfer of money. It hopes to bring fresh and unconventional ideas to Pakistan. Warid Telecom’s Chief Commercial Officer Mr.Younas Sheikh spoke about its service that Mobile Paisa was designed to cater the financial needs of future and the present. He also added that it will be a secure way of paying bills and transferring monetary values. He also pointed out that it will come up with more new ideas in the future to makes its service better.
Ammar Naveed Ikhlas, Bank Alfalah Limited’s Head of Branchless Banking also responded about Mobile Paisa that the aim of this MSF is to make the transactions of money easy and effortless. He thinks it is important to digitize transaction to make it safe and convenient.
Monet (Pvt.) Limited has a special capability to host many banks at one time making every bank independent of each other.