In yet another instance of innovating mobile financial services landscape, Pakistan’s first and largest branchless banking service Easypaisa has introduced money transfer from Easypaisa Account to any mobile number.
Formerly, Easypaisa Account holders could transfer money to any CNIC, bank account and Easypaisa Account across the country. With this new service launched, they now are enabled to send money to any verified mobile number anytime, anywhere in the most secure and convenient way. This will further increase financial access, as the receiver can instantly open an Easypaisa Account and receive the money.
“In pursuit of our financial inclusion goals, we are aiming to make Pakistan’s favorite branchless banking service, Easypaisa comprehensively accessible to everyone,” said Muhammad Yahya Khan, Head of Easypaisa, commenting on the new development. “Transferring and receiving money straight from their mobile phone enables the masses to enjoy free and effortless financial transactions,” he added.
The process to transfer funds to any mobile number is simple. Easypaisa user simply dials *786# and selects the ‘Money Transfer’ option. The customer then chooses the ‘Send to Any Mobile’ option and enters receiver’s mobile number and the transfer amount, followed by the Easypaisa Account PIN to complete the transaction. In case the receiver doesn’t have an Easypaisa Account, the money transfer notification will prompt them to open one straightaway and receive payments in that account instantly. For more details, please visit Easypaisa’s website: https://www.easypaisa.com.pk/consumer/mobile-account-1/money-transfer/money-transfer-mobile-account-to-mobile-number
The Easypaisa Account has been the cornerstone of financial inclusion, offering banking and other financial services on the mobile phone. In many rural areas of Pakistan it continues to be the only banking option available. Easypaisa Accounts allow subscribers to send, receive, or save money, pay their utility bills, buy any mobile network’s airtime, pay online, get insurance and more.