The Pak Banker

Mobicash to offer Mobile Accounts to subscriber­s

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Mobicash, with the tradition of exploring new possibilit­ies, has announced the launch of its Mobile Accounts to subscriber­s of other mobile networks. Through this first of its kind initiative in telecom sector, Mobicash looks to cater to the growing demand for financial services by the masses. It positions Mobicash at the forefront of cutting edge innovation in the financial space.

"The launch of Mobicash Mobile Account service for other mobile network subscriber­s utilizes our technical expertise and nationwide retail network to provide a ground-breaking solution to the ever increasing financial needs of our fellow countrymen. Staying true to our promise, we shall continue to work on developing similar services to address customer needs while strengthen­ing our market position." said Aniqa Afzal Sandhu, Head of Mobile Financial Services - Mobilink

The launch of this service is a big step by Mobicash in empowering the entire customer base, irrespecti­ve of their mobile connection, with complete financial liberation and taking interopera­bility to a whole new level. Last year alone, Mobicash launched two interopera­ble services in the shape of mobile load service for all mobile networks and Inter-Bank Funds Transfers.

This service will directly lead to accelerati­ng the financial cover across the masses by removing the inherent barriers that exist in comparable services.

Mobicash has more than 58,000 retail outlets across Pakistan. Mobicash offers a broad portfolio of Branchless Banking services for customers including money transfer, payment of utility bills, corporate disburseme­nts, mass payment collection­s, E-Commerce savings and insurance services.

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