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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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1LINK is the largest banking consortium in Pakistan. The State Bank of Pakistan has mandated that all commercial banks in Pakistan, both foreign and domestic, become members of 1LINK. Additionally, the four switches have been interconnected since 2006, which means that a consumer holding an ATM or debit card issued by any bank in Pakistan may ...
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