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 

How To Send International Remittance in Pakistan Through Easypaisa?

If you are a Pakistani but working in abroad and want to send back some of your hard earned money in Pakistan or you a foreigner and want to help someone in Pakistan through charities or something else then there is an easy and instant solution for your in the form of Easypaisa.

Easypaisa is the product of Telenor Pakistan and Tameer Microfinance Bank Limited. It is the most popular branchless banking and secure money transferring service in Pakistan through mobile accounts and National Identity Cards (CNIC) numbers. Now Easypaisa introduced International Home Transfers which allow Pakistanis to receive money from over 80 countries through any of its sending partners.

A mobile connection is not required for this purpose and receiving the money is absolutely free of cost. Only a valid Pakistani Computerized National Identity Card (CNIC) is required for receiving the money on this service. There is no paper work or form filling requirement. No more waiting in queues. A remittance can be collected even at late hours or on Saturdays.

Any person with a need to send money from a foreign country to Pakistan can use this service. All he has to do to visit its nearest Easypaisa sending partner service, fills out a form and hands over the amount to be sent. Sender needs to write down the full name of the recipient as it appears on his/her Pakistani CNIC. Sending partner agent will generate a unique Transaction ID and give it to the sender. Sender will then communicate the Transaction ID to the receiver via phone/SMS/Internet.

After collecting the Transaction ID, receiver will has to visit any Telenor Franchise. Sales & Service Center or Tameer Bank branch with his/her original CNIC . Receiver can then collect his/her money along with receipt of the payment..

Easypaisa works with a number of Sending Partners all over the world. Each of its sending partners covers a unique geographic footprint. They are constanly working on adding more partners, to increase coverage and convenience for their customers.

Remittances sent form the following partners can be claimed through Easypaisa International Remittance:

• Xpress Money
• Placid Express
• Al Ansari Exchange
• Money Gram
• World Remit