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Easypaisa is a Pakistani mobile wallet, mobile payments and branchless banking services provider. [ 2 ] [ 3 ] It was founded in October 2009 by Telenor Pakistan . [ 4 ] It also provides digital payment services through a QR code in partnership with Masterpass and it is the only GSMA mobile money certified service in Pakistan.
Telenor Pakistan (Pvt.) Limited is a Pakistani wireless network operator headquartered in Islamabad, Pakistan. Khurrum Ashfaque is the current chief executive officer (CEO). [2] Telenor started its operations in Pakistan in March 2005. Over the years, Telenor invested more than $2 billion in terms of foreign direct investment (FDI) in Pakistan. [3]
In March 2016, Telenor Pakistan acquired the remaining 49 percent shares of Tameer MicroFinance Bank for an undisclosed sum. [ 2 ] [ 4 ] In March 2018, Ant Group announced to acquire a stake for $184.5 million in Telenor Microfinance Bank through its subsidiary Ant Financial. [ 5 ]
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