Easypaisa Mobile Accounts Details

Monday, March 8, 2010

At the time of launch of easypaisa, many people wanted a service they can host from their mobile phone. I see mobile accounts as the service that lets you do that. It is not any over the counter service like bill payments and money transfer but a virtual Bank Accounts opened for Telenor subscribers to access from their own mobile phones at any time.

Registrations for mobile accounts are available only from Telenor SSCs, Telenor Franchises and Tameer Bank Branches. Once registered users only have to go to a Merchant to ‘Deposit Cash’ or ‘Withdraw Cash’ from their easypaisa Mobile Account. All other services can be accessed on the user’s mobile phones.

The account opening request usually takes 7-10 minutes to enter into the system. Then the subscriber is called back in 3 hours after Nadra CNIC verification. Account will then be activated and subscriber will be asked to select a 5-digit PIN. The account opening fee is Rs. 50 + tax (non-refundable).

Limits on transactions are Rs.10,000/day, Rs.20,000/month, Rs.1,20,000/year, do not apply on Transfer In. Maximum balance of Rs. 60,000 is allowed in particular account at any time.

Once all the procedure is complete you may do mobile banking by USSD *786# and avail the following services:

Utility Bills Payment
Money Transfer to easypaisa account
Money Transfer to a CNIC (Over The Counter)
Schedule payments
Cash Deposit
Cash Withdrawal
Transfer In from a Tameer Bank Account
Transfer Out to a Tameer Bank Account

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