Easypaisa, a joint venture between Telenor Pakistan and Tameer Microfinance Bank, has collaborated with Standard Chartered Bank (Stanchart) Pakistan to launch Straight2Bank Wallet mobile payments service for corporate clients in Pakistan.
With this platform, Standard Chartered’s corporate clients, such as NGOs & FMCGs, can make secure payments directly into their beneficiaries’ Easypaisa mobile account.
The service will help corporate clients to make to make cash disbursements to beneficiaries who do not have bank accounts by using only a computerised national identity card (CNIC) number as an identifier.
Straight2Bank Wallet enables recipients to beneficiaries to receive their money from any of 70,000 Easypaisa outlets across 800 cities in Pakistan.
Telenor Pakistan chief financial services officer and Head of Easypaisa Muhammad Yahya Khan said: "Our partnership with Standard Chartered is a great step forward as we endeavour to expand our service offerings for our clients, making it easier than ever for Easypaisa users across the country to access secure and convenient financial services."
Standard Chartered Pakistan Ceo Shazad Dada said: "We are delighted to work with Easypaisa in launching Straight2Bank Wallet – furthering financial inclusion in Pakistan and making access to banking services effortless for our corporate clients and their beneficiaries."
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