easypaisa launches ‘International Home Transfer’ Service
Mon, Aug 30, 2010
Press Release
Islamabad, August 30, 2010: Tameer Microfinance Bank and Telenor Pakistan made another addition to the bouquet of easypaisa services with the launch of ‘International Home Transfer’ in collaboration with Xpress Money, UK. This service adds on to the existing domestic remittance service Money Transfer by providing international home remittances receiving facility in Pakistan. The latest easypaisa service can be availed by anyone with a valid CNIC irrespective of any mobile operator or bank affiliation through all Sales and Service Centres and Franchises of Telenor Pakistan and all branches of Tameer Microfinance Bank.
Vice President Financial Services Telenor Pakistan, Roar Bjaerum, announced the launch of ‘International Home Transfer’ service and shared, “Lack of financial infrastructure in many areas of Pakistan makes the process of receiving international remittances sent by loved ones abroad cumbersome. easypaisa International Home Transfer is meant to facilitate bridging this gap. At the same time, this service is part of our vision to offer wider range of financial services to increase financial inclusion in Pakistan.”
Speaking at the launch of International Home Transfer, the Chief Executive Officer Tameer Microfinance Bank, Nadeem Hussain said, “The regular stream of new additions in the easypaisa portfolio displays regulators confidence in the reliability and performance of the solution. This new service offers all the benefits of any conventional remittance service. We are making quick progress towards offering new services providing additional benefits to the customers.
The senders of funds from abroad can transfer the money through the wide network of Xpress agents present in more than 80 countries including United Arab Emirates, Kingdom of Saudi Arabia and United Kingdom. A transaction ID will be generated on sending the amount which, along with the CNIC, are required to claim the funds through all Telenor Pakistan Sale & Service Centers, Franchises and Tameer Microfinance Bank outlets. International remittances can play a valuable role in providing foreign exchange, but more importantly, also offer significant potential to support incomes of poor and vulnerable groups. Tameer Bank has been given a member status of Pakistan Remittances Initiative (PRI). PRI is a joint initiative of State Bank of Pakistan, Ministry of Overseas Pakistanis and Ministry of Finance aimed at increasing the inflow of remittances through legal channels. Keeping in mind the importance of international remittances to Pakistan’s economy, the International Home Transfer service is being offered without any charges.
Telenor Pakistan and Tameer Microfinance Bank’s easypaisa International Home Transfer Service will extend its relationships to more transfer agents in addition to Xpress Money in the future.
About Telenor Pakistan
Telenor Pakistan is a provider of high quality telecommunication services in Pakistan. Telenor Pakistan acquired its GSM license in 2004 and launched its services in 2005. Currently, Telenor Pakistan has 23.80 million subscribers, a nationwide network encompassing 8,000 plus cities and 2,500 employees. Telenor Pakistan is 100% owned by Telenor ASA and adds on to its operations in Asia.
Growth comes from truly understanding the needs of people to drive relevant change.
For more information www.telenor.com.pk
For information about easypaisa, please visit www.easypaisa.com.pk
About Tameer Microfinance Bank
Tameer Bank, a fast growing microfinance bank licensed by State Bank of Pakistan in August 2005, rated A- (single A minus) and A-2 (A two) by JCRVIS, has a current network of 40 on-line branches and 62 on-line sales & service centers, community centers and booths across Sindh, Kyber Pakhtunkwa and Punjab. It has given new complexion to the microfinance sector by induction of innovative technology driven financial services to the under-served population through choice of bank tellers, ATM machines and Point of Sale (POS) terminals. Its product set includes loans, deposits, overdrafts, insurance, payments and domestic remittances. Since inception, Tameer has disbursed more than Rs. 4.3 billion with an active portfolio of Rs. 2.6 billion and over 95,000 active loan customers with delinquency trend of under 2% supported with a deposit base of more than Rs. 2.4 billion. The total customer base of Tameer has crossed 190,000 with staff strength of 1,300.
Read more about Tameer Bank at www.tameerbank.com
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Tags: easypaisa, easypaisa International, easypasia home, home, tameer bank, telenor, transfer
September 5th, 2010 at 11:24 pm
This is really a good news for Pakistani living abroad and I hope they will be benefited from this service.
Regards
Ali R. Khan
November 29th, 2010 at 5:29 am
hai
with due recpect telenor team
ur all service are very goog but i am not satisfy ur sms bundle of 7 days n i want to request u that please u make 30 days sms bundle in 50 to 60 rupees because m really dissappointed to buy telenor servise its not gud other than ufone because i recently change my no from ufone to telenor n m in much touble i dn,t like ur servise of 7 days sms bundle packages , m dn,t like this packages sooo please u make 30 days sms packages,.at least 30 days sms package in 50 or 60 rupeees is most necessary ,just like u fune,i want to give u one sugesstin ,please sms bundle packages for 30 days in 50 to 60 rupees for 1000 to 1500 sms please ,because 7 days sms packages not good ,i like 30 days sms packages please accepted my request n solve this problem n otherwise ur alll service are very very gud i am very very thankfull to u . .