Mobile World Congress has nominated MCB Mobile, a service launched by the MCB Bank in 2009, as the best across the world.
The nomination was an acknowledgment for the recently launched innovative mobile banking solution by the MCB Bank and GSM Association (GSMA), said a press release.
Other mobile payment services nominated were from South Korea (t-cash), Philippines (Smart Money) and Kenya (m-paisa). MCB Mobile is the only bank-led mobile payments service nominated for this contest.
The GSMA Awards are known as the “Oscars” of the mobile industry and it is a yearly event held in Barcelona. More than 2,400 members of the press attended the event, representing more than 1,500 media groups from 76 countries.
MCB Bank Limited President and Chief Executive Officer Atif Bajwa said that the bank remains committed to broaden the access of financial services to a sizable population in Pakistan owning mobile phones and without bank accounts.
“This nomination is a source of great pride not just for the MCB bank, but for the country, as well,” Bajwa said.