Mo­bi­cash of­fers NFC pay­ment so­lu­tions

The Pak Banker - - COMPANIES/BOSS -

Mo­bi­cash has be­come the first mo­bile fi­nan­cial ser­vices provider (MFS) to launch Near Field Com­mu­ni­ca­tion (NFC) pay­ments on vend­ing ma­chines for its es­teemed mo­bile ac­count users af­ter sign­ing an agree­ment with Batwa and Wavetec.

Through this col­lab­o­ra­tion, Mo­bi­cash users will be able to pur­chase items from Wavetec's NFC en­abled vend­ing ma­chines which are to be in­stalled at var­i­ous places around the coun­try. As a pi­lot, this fa­cil­ity will be avail­able at the Mo­bilink premises for em­ploy­ees.

Af­ter a suc­cess­ful trial pe­riod, the fa­cil­ity will be avail­able to Mo­bi­cash Mo­bile Ac­count hold­ers. This first of its kind ini­tia­tive is another step in Mo­bi­cash's vi­sion for a se­cure and re­li­able cash­less ecosys­tem in the near fu­ture.

To launch the NFC pay­ments mech­a­nism, a sign­ing cer­e­mony was held in Is­lam­abad, at­tended by Ms. Aniqa Afzal Sandhu, Di­rec­tor Mo­bile Fi­nan­cial ser­vices - Mo­bilink, Ad­nan As­dar, Di­rec­tor - Batwa, Sa­jid Fa­rooqi, CEO - Batwa, Ahmed Fraz, CEO - Wavetec, and Saim Eht­e­sham, HOD - Vendi.

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