Tameer Microfinance Bank and Telenor Pakistan made another addition to the bouquet of easypaisa services with the launch of ‘International Home Transfer’ in collaboration with Xpress Money, UK. This service adds on to the existing domestic remittance service Money Transfer by providing international home remittances receiving facility in Pakistan. The latest easypaisa service can be [...]
Continue reading...29 July 2010
The government is reportedly making it mandatory for the cellular companies to procure systems to curb grey traffic and channelisation of monetary transaction with foreign operations through the State Bank of Pakistan. Incoming international telephony traffic generates a financial premium over the cost of conveying and terminating such traffic into Pakistan. According to the provisions [...]
Continue reading...20 June 2010
The Pakistan Telecommunication Authority (PTA) has intended to auction 3G licenses to mobile operators to generate Rs 60 billion in a bid to raise non-tax income during the financial year 2010-11, Business Recorder has learnt. At present, mobile companies have 2G licenses. “The Ministry of Information and Technology (IT) is working on formulating the course [...]
Continue reading...25 May 2010
The government has decided to revise the ‘Approved Settlement Rates’ (ASR) for transparent sharing of premium, being earned on incoming international telephonic traffic, after the cellular companies registered protest over the current mechanism and recent determinations of Pakistan Telecommunication Authority (PTA). Official documents, exclusively obtained by Business Recorder, show that the government would also incorporate [...]
Continue reading...16 April 2010
The Federal Board of Revenue’s multifarious efforts to meet the tax revenue target without further burdening industry and businesses are only possible if the system is automated. Shahid Hussain Committee report reveals that, there should be a shift from the manual system of operations to a fully automated and information based system. The manual systems [...]
Continue reading...12 April 2010
Out of 44, eight banks are offering internet banking services of different level in Pakistan, while four out of 44 banks don’t have their websites, revealed a recent survey done by Axis-e Group. Survey was based on analysis of publicly available websites of all the banks in Pakistan. The websites of these banks were divided [...]
Continue reading...19 March 2010
Chairman Pakistan Telecommunication Authority (PTA), Muhammad Yaseen, has said that the mobile banking regulatory framework would be introduced soon to facilitate the untraditional banking in the country. Speaking as chief guest at the inaugural session of the third international mobile conference, “MCB Mobile Commerce 2010″, which was organised jointly by PTA and TOTAL Communications here [...]
Continue reading...25 February 2010
Tameer Microfinance Bank and Telenor Pakistan announced a first of its kind product in Pakistan, offering transactions through the customer’s own mobile phone. ‘Mobile Account’ is the third in the suite of services being offered under the banner of easypaisa. Mobile Accounts will provide utility bill payment, money transfer and cash in / cash out services [...]
Continue reading...21 February 2010
Chairman of Pakistan Telecommunication Authority (PTA) Dr. Mohammed Yaseen Sunday said the PTA was actively monitoring the redressal of consumers’ problems and guidelines and regulations were being issued to the operators whenever regulator, intervention was required.“It also ensures level-playing field for all telecom operators and smooth growth of the telecom industry. Strict monitoring of the [...]
Continue reading...29 January 2010
Former President Sarhad Chamber of Commerce and Industry (SCCI) and trade leader Haji Haleem Jan on Friday said the destiny of Pakistan can be changed if revenue is collected through machine-driven procedures. Excessive human involvement in the process of collecting taxes has not delivered since the last six decades, he said. Haleem Jan who is [...]
Continue reading...11 January 2010
Governor, State Bank of Pakistan, Syed Salim Raza on Monday said that Electronic Bond Trading Platform will enhance investors’ base of the sovereign debt market as it would attract investors from the non-banking sector as well resulting in higher liquidity in the government securities. Speaking at the launching ceremony of this bond here at State [...]
Continue reading...23 November 2009
The Risk Management System in PaCCS is highly effective and in all the dubious cases of drawbacks, the PaCCS RMS system stopped the drawbacks and referred each case to Customs officials for detailed scrutiny.
Continue reading...20 November 2009
Telenor recently launched a service called ‘Money Transfer’ under the banner of Easy Paisa, through which any Pakistani citizen can transfer Money across the country through 4,000 outlets. This is the phase 2 of the easy paise in phase one they have launched utility bill payment service.
Continue reading...20 November 2009
Tameer Microfinance Bank and Telenor Pakistan have announced launch of Money Transfer, said a statement issued by Telenor. Money Trasnfer is going to be the second in a suite of products being offered under easypaisa. The service would be available for all customers, even if they don’t have Telenor connections. Original ID card and photocopies are termed must have things for carrying transaction (either for depositing or withdrawing money).
Continue reading...29 October 2009
Lahore Electric Supply Company (LESCO) has not authorized Tameer Microfinance Bank along with Telenor to collect electricity bills from its customers through easypaisa shops, LESCO spokesman said that the advertisement given in electronic and print media by Microfinance Bank and Telenor regarding utility bills are not clear and baseless, "No agreement between. LESCO and above-mentioned bank has been executed for collection of electricity bills through easypaisa shops, he added.
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30 August 2010
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