Jingoism

Tag: banking

easypaisa ::.. Zero Bill Payment Fee

by on Jun.02, 2010, under appreciate, E-Banking, Pakistan

easypaisa retail outlet is currently serving a large area of rural part of Pakistan which still seeks for some banking services. The famous of all Money Transfer and Bill Payment Services even during the non-office hours is helping quite alot to the widespread unbanked sector. They have recently revised the Fee structure for the Utility Bill Payment Services and now there will be no extra fee to be paid by the customer. i.e. Customer will only pay the exact amount that is on the bill.

    No extra surcharge!!

This would not just help easypaisa but the Utility Companies as well for the collection of their Monthly bills. This is a great initiative by easypaisa to provide ease & convineince to their customers. On top of that, its an amazing feeling to have such services available in Pakistan.

All the best easypaisa! Way to go!

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Payoneer No Longer available in Pakistan

by on May.05, 2010, under Criticism, E-Banking, Pakistan, World

Somebody just shared the following post on the facebook.

http://ehelper.info/payoneer-no-longer-available-in-pakistan-–-change-in-regulations/comment-page-1

I couldn’t stop myself clarifying this as per my little experience. This is indeed very depressing but things aren’t similar to what has been shown in that post.

I have been into the e-payment industry for about 3 years now which is being regulated by a dedicated E-Banking Team of State Bank of Pakistan(SBP). SBP, being one of the best and strict regulatory body of the world, keeps a very strong eye on these financial institutes.

I won’t disclose the names but yes, AML has been working with different financial institutes to incorporate processes that can eliminate the money laundering activities. SBP has been quite vigilant about the movement of funds and has been working with AML to avoid fraudulent transactions.

A country where almost all famous intl. payment services (like paypal) are avoiding to serve. This could be another discriminative step by US Govt as currently a great deal of freelancers were accepting through payoneer card. This would affect masses and eventually benefit the other freelancers in this region including India & Bangladesh.

Instead of protesting against the current govt. raise your voice to bycott American influence and their products. Hit them the way they are hitting us! They aren’t our friends neither can think good for us!

This is just an eye-opener.

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