What is Easypaisa Mobile Account?

With the advent of latest technologies, people prefer to do their basic banking activities through their mobiles and tablets at homes or in offices rather than visiting bank branches. This phenomenon is called 'Mobile Banking' as well as 'M-Banking' or 'SMS Banking'.

In Pakistan, all mobile operators have introduced mobile banking facilities almost across the country with the help of the local banks. Telenor's Easypaisa is the first and largest Mobile Money service in Pakistan and the third largest in the world.

Easypaisa is the product of Telenor Pakistan and Tameer Microfinance Bank Limited. In 2008, Telenor acquired majority shares of Tameer Microfinance Bank Limited for its mobile financial services project. Telenor named the branch less banking service "Easypaisa" and launched it in October 2009.

For opening an Easypaisa Mobile Account, you need a verified Telenor mobile number on your name. Just dial 3737 and Telenor will open an Easypaisa Mobile Account on your SIM number with an additional digit in the end. For example, your Telenor number is 03457854692 then your Easypaisa Mobile Number will be 034578546921 or 034578546929 or any nearby number.

There are so many advantages of Easypaisa Mobile Account. You can send money to other Easypaisa Mobile Account free of cost. Withdrawal from your account money bears no charges also. The facility of ATM Debit Card is also available on the account. With nominal transaction charges you can send money to any bank account in Pakistan. Sending money to individual CNIC number is also available.

Easypaisa Mobile Account also facilitates you to load any Telenor number, make payments and donations to various organizations and pay your utility bills any time any where. No doubt, branchless banking is a miracle of modern technology