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News about Pakistan
Cash Over the Counter payments will be available in all Bank branches across Pakistan, which will remain open (Monday to Friday) from 10:00 AM to 4:30 PM till further instructions by SBP.
State Bank of Pakistan: New opening hours from the 24th March due to outbreak of Coronavirus
Account deposit services including real-time IBFT and One-Day RTGS function will be available as per regular practice 24/7 seven days a week.
Only 3 locations of Wall Street are open: Hyper Start Luckyone mall (Karachi), Rahat Bakery Branch (Lahore), Hypermall (Karachi). Hours of operation are Monday-Friday from 12:00 pm to 19:30 pm.
About Easypaisa:Easypaisa, Pakistan’s first mobile banking platform launched in 2009, is the only GSMA mobile money certified service in the country. Initially launched as a money transfer service, Easypaisa empowers underserved masses by bringing convenience and freedom to their lives, and has today become the category name for money transfers, synonymous with convenience and reliability.
With the largest footprint in the country, constant innovation, an ever-growing range of ground-breaking digital solutions and the Easypaisa App, Easypaisa is turning into a complete lifestyle platform which enables people across Pakistan to truly adopt the digital way of life.
Easypaisa is part of Telenor Microfinance Bank and operates as a branchless banking service. Easypaisa is driven by the bank’s vision and mission of transforming the financial landscape of the country and providing instant access to convenient digital financial services.
Incentive for Mobile Wallet transactions via Easy Paisa for Beneficiaries in Pakistan:
- Free unlimited cash outs from International remittance wallet
- Extra cash of PKR 500 to new International remittance wallet customers (every new customer shall receive a maximum amount of PKR 500 on a monthly remittance of PKR 50,000 (approx. USD 300) for the particular month in which they received their first ever transaction in EP IR wallet)*
- Free air time worth PKR 2 for every USD1 remittance (for a ticket size of USD100, the customer will get airtime of PKR 200, minimum ticket size to get air time is USD25)*
- Free ATM card on a monthly remittance of USD200 (cost of ATM card is PKR 500)
*Extra cash and airtime to be posted within 48hours of the transaction.
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