ISLAMABAD: Taking another revolutionary step, mobile financial services provider Mobicash also launched near field communication (NFC) payments service on vending machines to facilitate the mobile account users.
The company launched the service after signing an agreement with Batwa and Wavetec. Through this collaboration, Mobicash users will be able to purchase items from Wavetec’s NFC enabled vending machines which are to be installed at various places around the country. As a pilot, this facility will be available at the Mobilink premises for employees.
After a successful trial period, the facility will be available to Mobicash Mobile Account holders. This first of its kind initiative is another step in Mobicash’s vision for a secure and reliable cashless ecosystem in the near future.
To launch the NFC payments mechanism, a signing ceremony was held in Islamabad, attended by Aniqa Afzal Sandhu, Director Mobile Financial services – Mobilink, Adnan Asdar, Director – Batwa, Sajid Farooqi, CEO – Batwa, Ahmed Fraz, CEO – Wavetec, and Saim Ehtesham, HOD – Vendi.
