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Home Breaking News

Pakistan Post offers EMO service to send money at doorstep

byCT Report
19/03/2020
in Breaking News, Business, Latest News
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ISLAMABAD: The Pakistan Post is offering Pakistan Post Electronic Money Order (EMO) service which is known as post to the doorstep, adding that these EMOs are paid at the doorstep of the recipient.

An official told the state-run news agency on Thursday that now EMO service is the swift way to transfer money from one post office to another post office.

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“An EMO exceeding Rs.50,000 will not be paid to the payee at his doorstep in any case but payment will have to be collected by him from the window of the designated EMO Payment Office”, he said.

The official said that Pakistan Post is using the Riposte system which was considered as the safe, affordable and accurate to transfer money among 83 General Post Offices (GPOs).

He said that currently, a number of postal administrations are using Riposte to deliver money order services around the world. “The post offices using such a system have not only reduced the overhead costs of running the services by removing the paper intensive aspects but also reduce frauds by using Riposte,” he added.

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