Telenor EasyPaisa Mobile Account – Cellular Based Banking
As it was anticipated, Telenor comes up with EasyPaisa Mobile accounts, since the launching ceremony is being carried out, and winner has not been announced yet. But the product has been brought to scene. Yes, bank account are going to be “mobile” with EasyPaisa. Using “easypaisa Mobile Accounts” Telenor subscribers will now be able to pay bills, transfer money and use many more services from their own mobile phones.
Something About Mobile Account
EasyPaisa Mobile Accounts are virtual bank accounts and work just like a normal bank accounts. This service is available only for existing and new Telenor subscribers. Accounts can be opened from any Telenor Sales and Service Centers, Telenor Franchise or Tameer Bank branch. Mobile Accounts have no minimum balance requirements and account opening is instant.
Once an easypaisa Mobile Account is opened, users can go to any of the thousands of easypaisa shops in Pakistan to ‘Deposit Cash’ into or ‘Withdraw Cash’ from their easypaisa Mobile Account.
EasyPaisa Mobile Account:
- Have instant access to Bank Account from mobile phone.
- Have the freedom to send money to or receive money from other people
- Pay utility bills from your mobile.
- Make transactions on Sundays.
- Secure Encrypted Transactions based on GSM standards and State Bank of Pakistan regulations
Who can have this account?
- Any Telenor current or new subscriber can open a Mobile Account.
- No prior Bank Account is needed; anyone with a Telenor SIM can avail and use this service
Sending Money:
Send money to any person with a valid NADRA CNIC or to any other easypaisa Mobile Account.
Paying Bills:
Utility bills can also be paid instantly from an easypaisa Mobile Account.
Deposit/Withdraw Cash:
Cash Deposit into a Mobile Account or Cash Withdrawal from any Mobile Account can be done at more than 5,000 easypaisa merchants in more than 450 cities in Pakistan
Transaction Limits:
The following transactional limits apply to all easypaisa Mobile Accounts, as regulated by the State Bank of Pakistan.
- Rs. 10,000 per day
- Rs. 20,000 per month
- 120,000 per year.
- A customer can only keep a maximum of Rs. 60,000 in his easypaisa Mobile Account.
This was all about Telenor EasyPaisa until now – A brief introduction. More information as well as reviews with stats will be published as the service gets public.
EasyPaisa Mobile account’s main website can be used for managing accounts and transactions, online at
https://account.easypaisa.com.pk
Still more information regarding the Money transfer charges and procedure is available at
http://www.easypaisa.com.pk/mobile-account.php
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