Express ☺ your view, expression on this post, via Facebook comment in the below box… (do not forget to tick Also post on facebook option)

Tuesday, June 20, 2017

Branchless banking agreement between PSO and #Telenor signed

Branchless banking agreement between PSO and #Telenor signed 

KARACHI: Country’s largest oil marketing company, Pakistan State Oil Company (PSO), has partnered with Telenor Pakistan, premier digital and mobile financial services provider of Pakistan, to offer branchless banking services nationwide utilizing its 3,500 outlets across the country and massive cash management strength; giving its customers the convenience like never before. 

The agreement was signed between GM NBD PSO, Babar H Chaudhary and Director Sales & Distribution Telenor Pakistan, Mohammad Qasim Awanat at PSO Headquarters in Karachi. MD PSO Sheikh Imran-ul-Haque, Telenor Pakistan CEO Irfan Wahab Khan and various other senior officials from both organizations were also present at the event. 

Branchless banking has proved to be an alternative mode to conventional branch-based banking that creates a distribution model for a host of vital financial services including Peer-to-Peer Money transfer through CNIC, opening up of an account instantaneously with low KYC requirements, issuance of instant debit cards, Utility Bill payments of all utility companies, mobile phone payments & top ups, government funds collection/payment including pensions and corporate cash management and insurance. Customers shall now have easy access to all such services round the clock at PSO Stations 

The number of branchless banking accounts increased by 73 percent to 23.69 million in 12 months through March, the State Bank of Pakistan (SBP) reported recently. This only highlights the growing potential and awareness of the benefits of branchless banking. It is the aim of PSO and Telenor Pakistan to provide access to financial services to every corner of the country. The branchless banking industry experienced overall improvement in key indicators in Jan-Mar. A significant increase was observed in the number of accounts, which grew 19 percent over the preceding quarter. 

Speaking at the event, MD PSO, Sheikh Imran-ul-Haque stated, 
“We intend to make PSO a one stop preferred destination of choice for every fuelling consumer in the country. Partnering with Pakistan’s largest digital services provider, Telenor (EasyPaisa) Pakistan to provide branchless banking service across Pakistan takes us one step closer to transforming PSO into a retail giant beyond the status of just an oil marketing company.” 

Expressing his views at the event, CEO, Telenor Pakistan, Irfan Wahab Khan said, 
“We are excited to be the part of PSO’s retail revolution as it also gives Telenor the opportunity to further expand its footprint and get more opportunities to serve our valued customers through PSO’s outlets countrywide.” “Telenor believes in bringing empowerment to the people through digital services, for which their availability and access must be seamless and unrestricted by time, and this partnership will help us make it possible."



Thanks for visiting our website. Like our FB pages and subscribe for daily updates; you can comment on the above post bellow ↓with your Google id or Facebook id – Thank you for your time..☺


Follow us on social media to get instent updates....

|Twitter| |Facebook| |Pinterst| ||

Send your news/prs to us at

Note: The views, comments and opinions expressed on this news story/article do not necessarily reflect the official policy or position of the management of the website. Companies, Political Parties, NGOs can send their PRs to us at

‎لطیفے اور شاعری‎
Facebook group · 8,142 members
Join Group
یہ گروپ آپ سب کے لئے ہے۔ پوسٹ کیجئے اور بحث کیجئے۔۔۔۔۔ اپنی آواز دوسروں تک پہنچائے۔۔۔اور ہاں گروپ کو بڑا کرنے کے لئے اپنے دوستوں کو بھی گروپ میں دعو...

All Categories

Aaj Kamran Khan ke Saath Aamir Liaquat Hussain Aapas ki Bat NajamSethi Abdul Qadir Hassan AchiBaatain Afghanistan Aga Khan University Hospital AirLineJobs Allama Iqbal America Amjad Islam Amjad Anjum Niaz Ansar Abbasi APP Aqwal Zareen Articles Ayat-e-Qurani Ayaz Amir Balochistan Balochistan Jobs Bank of Khyber Banking Best Quotes Biwi Jokes Blogger Tips Chaltay Chaltay by Shaheen Sehbai China Chitral Coca-Cola Coke Studio Columns CookingVideos Corporate News Corruption Crimes Dr Danish ARY Sawal Yeh Hai Dubai E-Books EBM Education Educational Jobs Emirates English #Quotes English Columns EnglishJokes Funny Photos Funny Talk Shows Funny Videos Gilgit-Baltistan Girls Videos Govt Jobs HabibJalibPoetry Hamid Mir Haroon Al-Rashid Hasb-e-Haal with Sohail Ahmed Hassan Nisar Hassan Nisar Meray Mutabaq Hazrat Ali AS Sayings HBL Health HikayatShaikhSaadi Hospital_Jobs Huawei Hum Sab Umeed Say Hain India Information Technology Insurance International News Islam Islamabad Islamic Videos JammuKashmir Javed Chaudhry Jazz Jirga with Salim Safi Jobs Jobs Available Jobs in Karachi Jobs in KPK Jobs in Pak Army Jobs_Sindh JobsInIslamabad Jokes Jubilee Insurance Kal Tak with Javed Chaudhry Karachi Kashmir KhabarNaak On Geo News Khanum Memorial Cancer Hospital Khara Sach With Mubashir Lucman Khyber Pakhtunkhwa Lahore Latest MobilePhones Lenovo LG Life Changing Stories LifeStyle Live With Dr. Shahid Masood Live with Talat Hussain Maulana Tariq Jameel MCB Bank Microsoft Mobilink Mujeed ur Rahman Shami Munir Ahmed Baloch Nasir Kazmi Nazir Naji News News Videos NGO Nokia North Korea Nusrat Javed Off The Record (Kashif Abbasi) Off The Record With Kashif Abbasi On The Front Kamran Shahid OPPO Orya Maqbool Jan Pakistan Pakistan Army Pakistan Super League Pashto Song Photos Poetry Political Videos Press Release Prime Time with Rana Mubashir PTCL Punjab Quetta Quotes Rauf Klasra Samsung Sar-e-Aam By Iqrar-ul-Hasan Sardar Jokes Saudi Arabia ShiroShairi Show Biz Sikander Hameed Lodhi Sindh Social Media Sohail Warriach Songs Sports News Stories Syria Takrar Express News Talat Hussain Talk Shows Technology Telecommunication Telenor To the point with Shahzeb Khanzada Tonight with Moeed Pirzada Turkey Tweets of the day Ufone University Jobs Urdu Ghazals Urdu News Urdu Poetry UrduLateefay Video Songs Videos ViVO Wardat SamaaTV WaridTel Wasi Shah Zong اردو خبریں
______________ ☺ _____________ _______________ ♥ ____________________