As we mentioned earlier today, Telenor has launched Easy Paisa Mobile Accounts. Curtain raiser is on the roll in Karachi right now – meanwhile, we got hold of this early product information that we are sharing with you.
By definition, Easy Paisa Mobile account is similar to a bank account that you can manage through your cell phone. Or let’s put it in another way, if you have Mobile Account with Easy Paisa, you may not need to have a bank account to manage your money.
As of now, we know that you can pay bills, transfer money domestically, internationally and even you can save money in your Easy Paisa Mobile Account.
Though there are transactional limits (from State Bank), which we can expect to fade away with time.
How to open Easy Paisa Mobile Account
Unlike Easy Paisa’s earlier services, Easy Paisa Mobile Account is offered to only Telenor customers. If you have a Telenor number (even if you are a ported customer), opening a Mobile Account is pretty simple. It goes like following
Go to any Telenor Service Center, Franchise or Tameer Bank
You should have a Telenor SIM (registered in your name)
You should carry original CNIC
Fill in a form plus photograph (will be taken by Telenor Staff in real time)
Sign the form plus thumb impression
Get the receipt and you are done
Telenor will verify your CNIC information from Nadra in 3 hours (that’s what they are claiming), and will call you back to confirm your Easy Paisa Mobile Account. At this point you will be asked to select 5 digit PIN to authorize all Mobile Account transactions (just like your ATM pin).
Now you are ready to use your Easy Paisa Mobile Account.