ISLAMABAD: Mobicash and NADRA Technologies Limited (NTL) signed A Memorandum of Understanding (MOU) to launch Branchless Banking services on NADRA e-Sahulat platform. This partnership enables Mobicash customers to utilize the 12,000+ NADRA e-Sahulat kiosks across Pakistan for utility bill payments, domestic money transfers, loan repayments, opening of new mobile accounts and various other services in the futures.
Saleem Rafik, Director General Operations – NTL signed the MoU on behalf of NTL, Mobicash was represented by Ghazanfar Azzam, CEO – Waseela Bank. Both expressed great potential in the partnership and also talked about other ventures that could be undertaken together by leveraging their platforms in the future.
Saleem Rafik stated that NADRA e-Sahulat franchise model was the first platform to offer electronic payment of utility bills in Pakistan. He further explained, “NTL believes in collaborations and Mobicash is a strategic partner for providing digital services in Pakistan. The collaboration with Mobicash is a giant step towards adding a portfolio of branchless banking services in to our e-Sahulat platform. Our joint network will enable domestic remittance and other Branchless Banking services for the convenience of public. The joint venture will facilitate banking industry for financial inclusion in the larger national interest”.
“e-Sahulat platform is the first real switch towards electronic banking and together we both share a common goal of providing micro-finance services to rural and other under privileged areas of the country”, added Ghazanfar Azzam.
Aniqa Afzal Sandhu, Senior Director Mobile Financial services – Mobilink, while expressing great hope in the new partnership stated, “This venture will be of immense benefit to our customer base as this will mean ease of access for them through additional conveniently located agents.”
