Timepey introduces by Zong with corporation with Askari bank

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Timepey introduces by Zong with corporation with Askari bank

WHAT IS TIMEPEY
Timepey is a service that adds the much awaited convenience to people’s lives. The three main services offered include Utility Bills’ Payment, Mobile Account and Funds Transfer. Now anyone can pay the utility bills at their convenience. The mobile account lets you enjoy a host of services through your mobile phone that also includes funds transfer. The facility to send or receive money through Timepey shops, franchises and customer services centers is also available. Timepey is most reliable as it is a service from Zong, the fastest growing cellular network in Pakistan backed by Askari Bank Limited.

The Utility Bills’ Payment and Funds Transfer through Timepey is conducted through the unique POS machine in no time. Not only does one get an instant message on their cell phones but also a printed receipt confirms their transaction. There are no extra charges for the Utility Bills’ Payment while even for the funds transfer the charges are the lowest in the market. The services one gets through the Mobile Account include:

Fund Transfer
Utility Bill Payment
Cash Deposit to Timepey Account
Cash Withdrawal from Timepey Account
Salary Disbursement
Mobile Balance Top Up
The Timepey Mobile Account can be opened and operated by anyone having a valid CNIC and an active Zong SIM. Timepey Account can be opened at any Zong Franchise, Customer Service Center or Askari Bank Branch.

Timepey is aimed at providing alternate and multiple delivery channels of banking services, round the clock, to facilitate the rural as well as urban population. With an agent network of 10,000 plus agents nationwide, Timepey will soon become the first choice for trustworthy, timely transactions.

TIMEPEY MONEY TRANSFER
Using Timepey Money Transfer, you can now send and receive money to and from family, friends, etc from any Timepey shop in the most efficient, secure and convenient way. You do not need to have a ZONG connection or to have a mobile phone at all. The best thing about the service is that any person in Pakistan can use this product and that no registration is required.

Any person with a need to send money from one city to another can use this service from any Timepey shop. For example, household staff, drivers, guards, etc. can all now send their monthly salaries home to their families from urban cities to rural villages. Similarly, parents can send funds to their children at educational institutions in other cities for tuition fee and monthly allowances.

To Send Money to CNIC
Any person with a valid CNIC can send money or receive money. This service is not limited to ZONG customers; other mobile network customers can also use this service. There is no paper work or form filling required. An instant SMS message will be sent to both the Sender and the Receiver on sending or receiving money. Sending and Receiving can be done from thousands of Timepey shops all over Pakistan.

The sender needs to bring the following for sending money to another CNIC:

-Their original and valid CNIC along with 1 Photocopy of the CNIC
-Receiving person's valid CNIC Number
-Their own mobile phone number and the receiver's mobile phone number.
-Both the Sender and Receiver will receive confirmation SMS messages containing the transaction information.
-Charges & Limits

To Send Money to Account Holder
Through this service any person with a valid CNIC can send money to a Timepey Account holder. The sender will need to the agent location for this service and provide the Timepey account number that is the receiver's mobile number.

-The sender needs to bring the following to send money to a Timepey account at the agent location:
-Their original and valid CNIC along with 1 Photocopy of the CNIC
-Receiving person's Mobile Number
-Their own mobile phone number
-Both the Sender and Receiver will receive confirmation SMS messages containing the transaction information.
-Charges & Limits

TIMEPEY BILL PAYMENT
Timepey account holders and non account holders can pay their utility bills through Timepey instantly. You can pay all your Utility Bills via Timepey without any charges.

Through Timepey Account
Paying your bill through your Timepey account is so easy. Just dial *888# from your phone and you can pay your bill instantly without leaving the comfort of your home.

-You need to be a Timepey Account holder customer
-Ensure you have sufficient funds in your Timepey account to cover the amount you are paying
-Select ‘Pay Bill’ from your Timepey menu by dialing *888#
-Enter the Consumer number written on the utility bill
-The details of the bill will be shown on the screen
-Confirm details are correct and press OK
-Enter your account PIN
-Your bill be paid instantly and a confirmation SMS will be received

Who We Are

>
SSGC
SNGPL
LESCO
GEPCO
KESC
PTCL
IESCO

Through Timepey Shop
Just visit any of the Timepey shop near you and pay your utility bills. All transactions happen in real-time and are completely secure and reliable. An instant confirmation SMS from will be sent at each bill payment which contains all transaction details and printed receipt is also provided.

Paying your bills through Timepey bill payment is very easy.
-Bring your bill and the required amount of cash to any Timepey Shop
-Ask the shop keeper to pay your bill through the Timepey bill payment service
-Also provide your mobile phone number to the shop keeper so that you can receive a confirmation SMS as soon as the bill is paid
-Upon completion of the payment, the retailer will stamp your bill and also provide a system printed receipt of the transaction
-Collect the stamped bill, which will carry the transaction ID and Agent ID information

List of Companies.
SSGC
SNGPL
LESCO
GEPCO
KESC
PTCL
IESCO


TIMEPEY MOBILE TOPUP
With your Timepey Account you can purchase prepaid airtime and pay postpaid bills any time anywhere from your own mobile phone. This service is available to all ZONG Customers having a Timepey account. This service is available for all ZONG Prepaid and ZONG Corporate Customers.

-Timepey Account user will be able to purchase prepaid topup for themselves and others ZONG prepaid connections
-Timepey Account User will be able to pay their own postpaid bill or on behalf of other customers having ZONG postpaid connection
-No extra charges

Process
-Go to Balance Topup option on your Timepey Account menu by dialing *888#
-Enter mobile phone number of the phone you are buying airtime for
-Enter amount of airtime you wish to buy
-Enter your account PIN and then confirm the details
-Complete transaction by pressing OK
-You will receive a confirmation SMS


DEPOSIT CASH INTO TIMEPEY ACCOUNT
To do transactions you need to deposit money in your Timepey account at an agent location. The agent will do this transaction for you only need to provide the Timepey Account number and Cash. You can deposit cash anytime into your Timepey account. For this purpose your will need to visit a Timepey Agent Location (ZONG CSC, Franchise, Timepey Shops or Askari Bank Branch).

To deposit money into your Timepey account you will:
-Go to an authorized Timepey agent location with your phone and original CNIC
-Inform the agent how much you wish to deposit into your account
-Agent will send money to your Timepey account in exchange for cash
-You and the agent will receive an SMS confirming the transaction and the agent will also provide a printed receipt to you
-To send from your Timepey account you must first deposit money into your own account. You cannot deposit money directly into another person’s account.

TAKEOUT CASH FROM TIMEPEY ACCOUNT
You can take out cash anytime from your Timepey account. For this purpose your will need to visit a Timepey Agent Location (ZONG CSC, Franchise, Timepey Shops or Askari Bank Branch).

-The customer needs to bring and show the following to take out cash at the Agent Location:
-The Mobile Phone which has the Timepey Account activated
-Original CNIC

Process
-Go to your Timepey menu, select ‘Withdraw cash’
-Enter the Agent number, the amount you wish to withdraw and your PIN
-You will receive a screen with the above transaction details. Confirm they are correct then Press OK
-You and your agent will receive an SMS confirming the transaction
-Give your phone number which is your Timepey Account number and show your original ID
-The agent will then provide you the cash and also a printed receipt of the transaction

Mobilink introduces Mobicash with Waseela microfinance bank

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Mobilink introduces Mobicash with Waseela microfinance bank

Mobilink has partnered with Waseela microfinance bank to mark its entry into the branchless banking segment. The innovative product parcel of Mobicash gives the people of Pakistan complete financial liberation that they have always wanted in life.
With Mobicash, customers have access to the simplest way to conduct their financial transactions, whether they are related to paying bills, sending/receiving money within Pakistan, purchasing top ups for their cell phones (Jazzload).

The limitless boundaries, no more waiting in long ques, post offices or even banks, is all possible through Mobicash to serve you at your convenience. Any person can use Mobicash services by visiting their nearest Mobilink franchise, customer care center or Mobicash retailer.

Approved by the state bank of Pakistan, everyone can enjoy secure branchless banking services through Mobicash with instant transactions.

Money Transfer
Now, it just takes a few minutes for you to send and receive money to and from your family and friends using the services of Mobicash. Any person in Pakistan with a need to send or receive money can use this service by visiting the nearest Mobilink franchise, customer care center or Mobicash retailer.
Be it a person working in urban area wishing to send money back home to his parents based in rural areas or parents with a need to send money to their child studying in another city, this simple and reliable service ensures that their money reaches on time.

Product Features
-Any person with a valid CNIC can send or receive money.
-Any person being a subscriber of any network can use this service.
-A SMS message will be sent to both the sender and receiver as soon as they send or receive money.
-Money can be sent and received from any Mobilink franchise, customer care center or Mobicash Retailer.
-Money transfer can be done anytime, thereby saving your time.
-An easy & simple process

To send money: In order to send money, the sender needs to bring and submit the following documents to the Mobilink franchise, customer care center or Mobicash retailer.
-Their valid and original Nadra CNIC along with one copy of the CNIC
-The valid CNIC number of the person who has to receive money
-Their mobile phone number and the mobile phone number of the receiver
-Before the money transfer, the sender will be asked to enter a 6 digit confidential pass code on the Mobicash agent’s mobile handset. The sender should not disclose this confidential pass code to the Mobicash agent and should only communicate the pass code to the receiver.
-As soon as the transaction is completed, a confirmation SMS will be sent to both the sender and receiver.

To receive money: In order to receive money, the receiver needs to bring and submit the following documents to the Mobilink franchise, customer care center or Mobicash retailer.
-Their valid and original Nadra CNIC along with one copy of the CNIC
-They must know the 6 digit pass code communicated to them by the sender, as well as the trace number of the transaction

*Important Note:
In order to carry out the sending or receiving money transfer transactions, expired Nadra CNICs will not be accepted.


Service Charges

Money Transfer – CNIC to CNIC
Transaction Slabs (PKR)	Total Fee (PKR)
0 – 1,000	60.00
1,001 – 2,500	120.00
2,501 – 4,000	180.00
4,001 – 6,000	240.00
6,001 – 8,000	300.00
8,001 – 10,000	350.00
10,001 – 13,000	400.00
13,001 – 15,000	450.00

*Important note:
sending & receiving transaction limits
Rs.15,000 per month on a CNIC
There is no limit on number of transactions per CNIC in a month
All fees/charges are inclusive of FED

Bill Payment
Mobilink introduces the most convenient and simple way yet to make your bill payments. Through Mobicash’s bill payment service, you will be able to pay your electricity, gas, telephone, water and Mobilink indigo bills at any Mobilink franchise, customer care center or Mobicash retailer.

Product Features
Pay everywhere, anywhere: Now you have the choice of easily paying your bills through the vast network of Mobilink franchises, customer care centers or Mobicash retailers. Visit your nearest Mobicash agent to pay your bills with the convenience you have always wanted!
24/7 availability: Mobicash services are available 24/7 so you can pay your bills at any time of the day or night, 7 days a week from all Mobilink franchises, customer care centers or Mobicash retailers.
Guaranteed secure process: All bill payments are fully secure and protected. You will receive a confirmatory SMS of the successful payment of your bill authenticating your transaction.

An easy & simple process
-Using this service, you can pay your utility bills with the utmost ease.
-Just bring your utility bill and the due cash amount to pay the utility bill at any Mobilink customer care center, franchise or Mobicash retailer.
-Ask the respective Mobicash agent to pay your utility bill using the Mobicash utility bill payment service.
-Provide the Mobicash Agent with your mobile phone number (if you have one) so as to receive a confirmatory message regarding the payment of your bill. In case you do not have a mobile phone, you should check for the confirmatory message on the agent’s mobile phone.
-Once the payment has been processed successfully, the agent will stamp your bill. You should keep the stamped bill with you as it carries the transaction ID and agent ID information.

Services Charges
There are no additional charges for bill payment through Mobilink franchise, customer care center or Mobicash retailer.

Partner Utility Companies

No	Bill Category	Bill Company	Company Name
1	PTCL	PTCL	Pakistan Telecommunication Company Limited
2	Gas	SSGC	Sui Southern Gas Company
3		SNGPL	Sui Northern Gas Pipelines Limited
4	Electricity	KESC	Karachi Electric Supply Company
5		FESCO	Faisalabad Electric Supply Company
6		GEPCO	Gujranwala Electric Power Company
7		HESCO	Hyderabad Electric Supply Company
8		IESCO	Islamabad Electric Supply Company
9		LESCO	Lahore Electric Supply Company
10		MEPCO	Multan Electric Power Company
11		PEPCO	Peshawar Electric Power Company
12		QESCO	Quetta Electric Power Company
13	Water & Sewerage	KWSB	Karachi Water And Sewerage Board
14		LWASA	Lahore Water And Sewerage Authority
15		RWASA	Rawalpindi Water And Sanitation Agency
16		MWASA	Multan Water And Sanitation Agency
17		BWASA	Baluchistan Water And Sanitation Agency
18		FWASA	Faisalabad Water And Sanitation Agency

Free Life and Accidental Death Insurance by Easypaisa Khushaal offer

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Free Life and Accidental Death Insurance by Easypaisa Khushaal offer

Easypaisa Khushaal

Easypaisa now brings “Easypaisa Khushaal”; a savings product offering that is introducing rewards with free Life and Accidental Death Insurance. Not just this, with Easypaisa Khushaal, now you have the perfect chance to win exciting rewards including a brand new Honda City car. The more you save, higher is the chance of your winning. There are a total of 33 prizes of different categories, just wating to be given away. So hurry, subscribe now!


Product Featurs
Ease of product subscription: Existing Mobile Account holders can subscribe to Easypaisa Khushaal by dialing Telenor Pakistan’s helpline 345 from their mobile phones
Flexibility of product subscription: Unlike traditional banking, existing Mobile Account holders can subscribe to Easypaisa Khushaal 24 hours a day, 7 days a week
Free life and accidental death insurance:

-Easypaisa Khushaal customers, who maintain an average minimum monthly balance of Rs. 2,000 in their Mobile Account, will receive life and accidental death insurance absolutely free.
-In case of natural death, a subscriber’s nominee will receive a sum of up to Rs. 500,000 whereas in case of accidental death, the nominee will receive a sum of up to Rs. 1,000,000 along with a monthly cash benefit of Rs. 5,000 for five years both cases.
-The actual sum insured will be tied to customers mobile account balances. Higher a customer’s Mobile Account Balance, higher will be his insurance coverage. The current insurances coverage’s offered to customers are as under.

Mobile Account Balance	Natural Death Limit	Accidental Death Limit	Monthly Benefit
2k – 5 K	50,000	100,000
5 K – 10 K	100,000	200,000
10 K – 25 K	250,000	500,000
Above 25 k	500,000	1,000,000	5,000 Per Month for 5 Years

This insurance also covers the risks of riots and terrorism as well.

Exciting Rewards: Easypaisa Khushaal customers, who maintain an average monthly balance of Rs. 2,000 in their Mobile Account, will have the opportunity to win exciting rewards through a quarterly lucky draw. The detail of rewards offered is as under:

First Prize Brand new Honda City
Second Prize Umrah trip for 2 people
Third Prize 70 CC Motorcycles (3 prizes)
Other prizes: Laptop Computers (4 prizes), Power Generators (4 Prizes), LCD Television (5 Prizes), UPS (5 Prizes), DVD Players (5 Prizes), Microwave Ovens (5 Prizes), Mobile Phones with Airtime of Rs. 500 each (10 Prizes)

PTA and SBP signed a MoU to promote mobile banking services

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PTA and SBP signed a MoU to promote mobile banking services

Pakistan Telecommunication Authority (PTA) & State Bank of Pakistan have jointly signed a Memorandum of Understanding (MoU) on 11th January 2012 at Karachi, to formalize cooperation between the two institutions for a common objective of promoting Mobile Banking in Pakistan. With this MoU, both the regulators (PTA and SBP) have shown their interest and commitment in stimulating mobile banking services in the country. The MoU was signed at a local hotel in Karachi after a meeting of all stakeholders involved in Mobile Banking followed by a signing ceremony. Mr. Farooq Ahmed Awan, Secretary (IT),, Mr. Yaseen Anwer Governor State Bank of Pakistan and Dr. Muhammad Yaseen Chairman PTA witnessed the ceremony. Senior management of the commercial banks, cellular Mobile operators as well as seniors officers from PTA and SBP also attended the ceremony.






Chairman PTA, Dr. Muhammad Yaseen while addressing the audience highlighted the potential of Mobile Banking services in Pakistan as only 12% of the adult population of Pakistan has access to formal banking services so far. Out of totlal population of 177 Million, only 27 million people have access to the banking services. Today Pakistan has over 122 million cellular mobile subscribers which is the potential target market for mobile banking services. With the upcoming 3G licensing this potential will increase by many folds.






Governor State Bank of Pakistan while speaking at the event, said that MoU signed between PTA and State Bank will be remembered as a mile stone in the history of Telecom and banking sectors. He said that branchless banking in Pakistan will have positive impact on the GDP growth of the country. He further said that branchless banking is a modern facility which will be beneficial for people of Pakistan. Admiring the role of PTA, the Governor State Bank said that it is a vibrant and forward looking regulator which is playing important role to promote and develop the emerging field of branchless and mobile banking in the country. The Governor State Bank said at present the number branchless banking in the country is slightly over 10,000. Total number of accounts opened till now stand at over 800,000. The average number of transactions a day through branchless banking are around 180,000 he added.






As agreed with SBP, PTA will issue Class Value Added Services licenses to third party services Providers who will act as facilitator and mediator between telcos and financial institutions for smooth transactions, data verification and mobile banking applications. This arrangement will be made in accordance with Third Party Service Provider Regulations to be issued by PTA as well as guidelines by SBP. Third Party licenses will be beneficial for the FI’s and Mobile operators as it will avoid cost duplication as well as reduce the cost of provision of mobile banking services. Through Third Party Service Providers (TPSP), Mobile Consumer of any network would be able to receive and transfer money all across the country. Particularly, the lower strata of the country would be able to remit their finances back home easily. After implementation of proposed arrangement, the consumers will have the most attractive benefit of keeping bank account in their pocket with advantages like low cost and fast transfers etc.

Ufone Upayments your mobile is your bank

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Ufone Upayments your mobile is your bank


Ufone introduces Upayments

Use UPayments with complete confidence. It delivers the highest level of security with multiple layers of authentication.With the trusted support of HBL, UPayments allows you to conveniently make secure transactions directly over your Ufone. Now using any handset, without GPRS or internet, within Pakistan and abroad, with UPayments, you can easily:

-Pay your Utility bills
-Make Utility bill enquiries
-ULoad any Ufone number
-Pay your Ufone Postpay bill
-Check your HBL bank account balance
-View a mini bank statement of your HBL account

Why use UPayments?
UPayments is convenient: there are no more queues or limiting 9 to 5 banking hours
Enjoy UPayments on your cellphone, any time of the day, all through the year, even on holidays
UPayments works on any handset without GPRS or Internet
While roaming with your Ufone connection, manage your banking, pay your bills on time and ULoad balance from anywhere in the world.


To subscribe to UPayments, dial *808# now!

Charges:

Rs. 5 + tax will be charged on the payment of every utility bill. (This charge will be deducted from customer’s airtime. The bill amount will be deducted from customer’s bank account)

Telenor Pakistan will introduce a savings/ insurance product

Tweet Pin It Telenor Pakistan will introduce a savings/ insurance product

ISLAMABAD : Telenor Pakistan has become one of the few mobile operators in the world to receive a grant from the Bill & Melinda Gates Foundation’s Mobile Money for the Unbanked (MMU) Fund. With the help of the grant, Telenor Pakistan will introduce a savings/ insurance product under the umbrella of its easypaisa services.
MMU grants are awarded to support commercially viable and sustainable mobile-operator-led projects that accelerate the deployment of mobile banking services to the unbanked. This year only seven mobile operators have been selected from around the world for the grants based on their financial services.
Gavin Krugel, Director GSMA speaking about the MMU Fund said: “Between now and the end of 2011 millions of consumers are expected to directly benefit from mobile money services launched with the support of the Fund – that is 170 million customers at the base of the economic pyramid and who previously lacked access to financial services, from 19 operators in Latin America, Africa, and Asia.”
Commenting on the grant, Roar Bjaerum, Vice President Financial Services, Telenor Pakistan said: “We are delighted to have received the MMU grant. Easypaisa has very quickly gained popularity among all segments of society. Through it we have moved over PKR2 billion through more than a million transactions. Considering that only 12% of the population in the country has access to banking services, the MMU grant is going to help us develop a savings and insurance product that is tailored to the needs of the financially excluded.”
easypaisa is a diverse suite of financial services launched by Telenor Pakistan and Tameer Microfinance Bank with the aim to provide mobile banking services to the unbanked people of Pakistan.
The MMU Fund is administered by the GSMA Foundation Inc and supported by a grant from the Bill & Melinda Gates Foundation. It works with mobile operators, banks, microfinance institutions, government and development organizations to encourage the expansion of reliable and affordable mobile financial services to base-of-the-pyramid unbanked customers.

Effective Steps Needed to Promote M-Commerce: Chairman PTA

Tweet Pin It Islamabad: “Formulation of Collaborative Regulatory Framework, Third Party Mobile Banking Regulations, Consumer Confidence & Protection and Adoption of Latest Trends are those initiatives which can bring about unprecedented growth in mobile commerce (m-commerce)” said Chairman Pakistan Telecommunication Authority (PTA), Dr. Mohammed Yaseen. He was addressing a two day workshop cum seminar with a theme “Broadband Networks: Technologies, Trends, Opportunities and Needs” arranged by Military College of Signals (MCS) here today. Representatives of MCS, IT & telecom industry and educational institutions were also present on the occasion.



Chairman PTA, in his address, discussed in detail the opportunity model in m-commerce. He shed light on different areas of m-commerce and highlighted scope of opportunities vis-à-vis local market trends. He discussed different market segments, types, present trends, drivers & constraints of mobile money and also shared information on the global and local forecast of mobile banking.



Dr. Yaseen said that we require a mutual collaboration, for the development of local applications and contents, by industry and academic institutions to promote usage of broadband in all spheres of life. He said, operators are looking for future revenue streams which are very much dependent on availability of value added data services. Key issue in further development of data segment is non-availability of local content and applications which can contribute towards ICT-based economical contribution. That’s why, today, the PTA’s main focus is on the development of local content and applications, he added. He also emphasized on the need of a strong industry-academia linkage for the proliferation of broadband sector and its different areas.



Chairman PTA appreciated the efforts of MCS on arranging this workshop. He also invited other industry stakeholders to play their role in providing such platforms to discuss trends, opportunities and needs in the broadband sector.

Third Party Mobile Banking Regulations: PTA, SBP likely to finalise draft in a month

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ISLAMABAD : Pakistan Telecommunication Authority (PTA) and State Bank of Pakistan (SBP) are likely to finalise draft of the "Third Party Mobile Banking Regulations" within a month. This was stated by PTA Chairman Dr Muhammad Yaseen, while addressing a joint press conference with Head of Sub-region Gulf and Pakistan Nokia Siemens Network Waqar-ul-Islam, while introducing the 2009 Connectivity Scorecard here on Wednesday.

"The PTA is closely working with the SBP on the draft of the "Third Party Mobile Banking Regulations," which will connect all banks in the country with the cellular mobile operators for mobile transaction," said the PTA Chairman.

He said that the primary objective of these collaborations was to develop a unified regulatory framework to facilitate the telecom customers and banking sector, since the mobile banking involved both financial institutes and mobile phone operators.

Dr Yaseen said that currently Pakistan had overall 63 percent teledensity, while it had great potential for broadband proliferation. "At present, there are around 0.5 million broadband subscribers across the country," he said. Responding to a question about 3G Services, he said that the Ministry of Information Technology and Telecom (MoIT & T) was working on the policy for issuing 3G licences. The PTA had completed groundwork and would initiate the licencing process soon after it received policy from the ministry, he said.

Commenting on the study "Connectivity Scorecard 2009" commissioned by Nokia Siemens Networks and written by Professor Waverman, fellow of the London Business School and the consulting group LECG, Dr Yaseen said that it was always important to have a reference to measure the growth, performance and to enhance the working strategies of any sector.

Syed Waqarul Islam claimed that the gross domestic product (GDP) would grow by six percent if the Information Communications Technologies (ICT) grew by 10 percent. He said the Connectivity Scorecard 2009, measured the extent to which the governments, businesses and consumers in 50 countries made use of connectivity technologies to enhance economic and social prosperity.

He said the results showed that even the best-connected countries in the world had no reason for complacency when it came to use of the Information Communication Technologies (ICT). "At present, when the governments around the world are looking to boost their economies with a variety of stimulus packages, the Connectivity Scorecard shows that everyone of them, even the most developed, has plenty of room to develop the ICT infrastructure and improve its actual use to develop economy and society," he added.

"Communication networks are of 21st century and these networks are very large construction programmes. There is great potential for them in using the ICT to encourage growth," he said. The Connectivity Scorecard was unique in broadening the definition of connectivity to include not just infrastructure, but also how effectively that infrastructure was being used, he said, adding that this "useful connectivity" measure illuminated the extent to which the countries were harnessing the potential of the ICT.

"The concept of useful connectivity was a reminder that the technology alone will not solve economic or social problems, rather it is a tool that could be used to achieve those aims. Judiciously applied that tool could be extremely powerful and the Connectivity Scorecard acts as an important guide to where and how the countries might apply it to achieve the desired results," said Waqar.

He said the rankings were determined by the measurement of each country by using two criteria - infrastructure and usage skills - in the realms of business and government. Low scores reflected gaps in a country's infrastructure, usage of skills or both, he said.

For each of the six components of the Scorecard, the countries were benchmarked against the best in class in their tier; thus if a country was best in all dimensions, it would score a maximum of 10. The Scorecard, therefore, measured the countries against the best ICT usage that currently existed rather than an ideal model, he said.

Speaking on the occasion, Saad Waraich, Afghanistan and Pakistan Country Director, said that the Nokia Siemens Networks had commissioned the study, which was the first of its kind to rank the countries not only on their deployment of the ICT infrastructure, but also on the extent to which people, governments and businesses put this infrastructure to economically productive use.

Telenor Money Transfer...through easy paisa shop only requires NIC

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EASY PAISA Money Transfer
Using Money Transfer from easypaisa, you can now send and receive money to and from family, friends, etc from any easypaisa shop in the most efficient, secure and convenient way. You do not have to own a Telenor connection, nor do you need to have a mobile phone at all. The best thing about the service is that any person in Pakistan can use this product and that no registration is required!

Any person with a need to send money from one city to another can use this service from any easypaisa shop. For example, household staff, drivers, guards, etc. can all now send their monthly salaries home to their families from urban cities to rural villages. Similarly, parents can send funds to their children at educational institutions in other cities for tuition fee, monthly pocket money etc. And people who travel frequently, who don't want to carry cash can use this service as Travelers Cheques by sending money to themselves from one city and collecting the money in another city.

Product Features
-Any person with a valid Nadra CNIC can send money or receive money
-This service is not limited to Telenor subscribers; other mobile network subscribers can also use this service
-There is no paper work or form filling required
-An instant SMS message will be sent to both the Sender and the Receiver on sending/receiving money
-Sending/Receiving can be done from more than 4,000 easypaisa shops all over Pakistan
-No more waiting in queues - a Money Transfer transaction can be done at even late hours.
-A secure encrypted transaction based on GSM standards
-Approved by the State Bank of Pakistan.

(PTA) and State Bank of Pakistan have agreed to formulate “Third Party Mobile Banking Regulations”

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Islamabad: Pakistan Telecommunication Authority (PTA) and State Bank of Pakistan (SBP) have agreed to formulate “Third Party Mobile Banking Regulations”.

A significant development in this respect incurred today when Chairman PTA Dr. Mohammed Yaseen met Governor SBP Syed Salim Raza at State Bank of Pakistan, Karachi. Heads of the two regulators discussed the proposed Regulations originally drafted by PTA and announced a “Joint Regulatory Committee” consisting of officials from the State Bank and PTA which will work on the draft regulations, finalizing its suggestions and recommendations within three months timeframe.

The draft of the Regulations addresses the ongoing debate over different models of providing mobile banking services which include ‘Telecom-led model’ and ‘Bank-led model. The proposed “Third Party Mobile Banking Regulations” offer an intermediary model for opting the mobile banking services taking in account the concern and responsibilities of both financial institutes and mobile operators.

During the discussion, Chairman PTA said that the mobile phone communication sector has shown an enormous growth in Pakistan; thus creating striking opportunities for service providers and consumers to utilize mobile networks for carrying out various daily life tasks such as financial transactions. He also highlighted salient features of draft regulations including operators’ obligations, arrangements between operators and financial institutes and Dispute Settlement Mechanism. PTA has been thoroughly working with State Bank on drafting a sound regulatory framework in order to facilitate potential stakeholders interested in introducing true mobile banking services in the country. The primary objective of this collaboration is to develop a unified regulatory framework, since mobile banking engrosses both financial institutes and mobile phone operators.

Governor State Bank appreciated this initiative by PTA and considered it an important development for the banking and telecom sectors of the country. He said that advancements in telecom technologies have positively affected other sectors and innovative products have been introduced. He said that customers of mobile operators and financial institutions will be benefited from Mobile Banking Services and these regulations will ensure their security and satisfaction.
At the end of the meeting during a joint statement, both regulatory heads endorsed the proposed “Third Party Mobile Banking Regulations” and aimed to continue mutual coordination for setting up a fair and non-discriminatory regulatory framework for the mobile banking service providers.

It may be mentioned that Mobile Banking is increasingly being employed by financial institutes in collaboration with mobile operators around the world to generate additional revenues, reduce costs or to increase customer satisfaction, often with very promising results. There is no universal form of m-banking; rather, purposes and structures vary from country to country. The systems offer a variety of financial functions, including micro-payments to merchants, bill-payments to utilities, Person-to-Person (P2P) transfers between individuals, and long-distance remittances. Currently, different institutional and business models deliver these systems.

UPayment by UFONE now doing your transaction through mobile like Bill Etc..

Tweet Pin It Ufone revolutionizes mobile banking with UPayments
After years of leading with innovation in Value Added Services, Ufone now offers its customers premium mobile banking services as well… welcome to the world of secure banking on your phone only with UPayments by Ufone.

Mobile Banking refers the availability of banking and financial services with the help of mobile handset. The scope of offered services are broadly categorised into Transaction Based (Bill Payment e.g., Ufone’s ULoad & Postpaid Mobile Bill Payments, Utility Bill Payments etc.) and Non-Transaction based (Bank Account Mini Statement, balance Inquiry, Pin Change etc.) services.

Mobile financial transaction platforms are rapidly emerging around the world; such platforms harness the intrinsically lower costs of mobile banking platforms compared to traditional banks and exploit the increasingly wide diffusion of mobile telephones across all socioeconomic groups and geographical areas.

Pakistan is among the emerging countries where all banks look forward to reduce transaction overheads supported by the government regulations on banking industry that is why State Bank of Pakistan (SBP) has issued clear guidelines for Mobile Banking that permits only Bank-led model which requires Mobile Banking facilities to Banked Customers (Bank Account holders).

This is the first step in this direction, enabling Ufone customers to do financial transactions through their handsets.

1. Access Channels & Partners:
Following Mobile Banking access channel(s) are offered to Ufone Subscribers:-
-WAP (Partner Bank: Habib Bank Limited, Backend Solution Providers: TPS & Fundamo)

2. UPayments Salient Features:
UPayments WAP Portal offers the following services to its valuable subscribers having bank account(s) with partner bank(s):-
-All banked Customers can easily access UPayments WAP Portal anywhere any time (even on International Roaming worldwide) through their GPRS enabled handsets by visiting http://upayments.net

-UPayments is a secured WAP portal backed by industry’s most reliable 128 bits SSL certificate issued by Verisign, Inc in name of UPayments.net and ownership to PTML. (The SSL certificate details can be viewed from any handset by checking Page Options/Info or Security Info).

-UPayments provide additional security to the subscribers by offering 2 different PINs. First the WAP login PIN (or Ufone PIN) that is used to login to the WAP Portal whereas the second PIN is Bank’s T-PIN (Telephonic PIN) required for every Financial or Non-Financial Transaction ensuring maximum security yet with convenience.

-For every successful login and transactions done on UPayments WAP Portal, the subscriber will immediately be notified via SMS to his registered Ufone number.

-After the secured Login subscribers can perform the following:-

a. Financial Transactions:-
-Ufone Prepaid ULoad (available denominations Rs. 250/-, Rs. 500/-, Rs. 1,000/- and Rs. 1,500/-)
-Ufone Postpaid Bill Inquiry (Total Payable Bill)
-Ufone Postpaid Bill Payment (Supporting partial or full payment minimum Rs. 500/- and Max. 5,000/- in multiples of Rs. 50/-)
Utility Bill Inquiry (Supporting KESC, LESCO, SSGC & SNGPL)
Utility Bill Status (Paid, Unpaid, Blocked)
Utility Payment (Direct payment from respective bank account in real time)

b. Non-Financial Transactions:-
-Bank Account Balance Inquiry
-Bank Account Mini Statement
-Ufone PIN Change (Online WAP Login PIN Change facility. In case if the subscriber forget his Ufone PIN and/or T-PIN than he will have to call Bank’s Call Center at 021-111-111-425)

3. UPayments Subscription:
Prior to enjoying the facilities provided by UPayments, Ufone subscribers having bank account with partner banks will have to go through the registration process as per the designated UPayments Access Channels. The registration process also requires subscribers to go through KYC (Know Your Customer) verification process at their respective bank as per SBP Bank-led Mobile Banking Model; this ensures that only valid and authenticated subscribers can get registration and perform the financial transactions. For details please call 333 from your Ufone Mobile.

4. Terms and Conditions:
Following are the standard terms and conditions for UPayments:-

-UPayments is offered to all Ufone subscribers (both prepaid and postpaid) having bank accounts with partner banks.
-Ufone subscribers must have GPRS activated on their handsets to access to UPayments.
-Upon browsing through the UPayments WAP portal, standard GPRS charges (or UrEDGE Data Packages) will be applicable.
-Every SMS request to short code 808 will be charged for Rs. 0.25/-+Tax.
-For every utility bill payment, the subscriber will be charged Rs. 5/-+Tax from his Ufone Prepaid Airtime.
-In case of PIN(s) forget, both Ufone PIN and T-PIN can be regenerated by calling HBL Helpline at 021-111-111-425.
-Similarly if the subscriber wishes to change his current used Ufone number to a new Ufone number he will have to visit his HBL branch and fill the requisite form of change contacts and will have to call HBL helpline to get the new number registered for UPayments.
-Ufone is not liable for any wrong, delayed or non-payment of Utility Bills. For all issues and concerns regarding Utility Bill Payments subscriber is advised to contact respective bank/utility company for settlement.