MCB Pakistan mobile-banking services has won an award for best bank-led mobile money transfer programme in the first world’s Mobile Money Transfer (MMT) Awards ceremony held recently.
The bank won the award on the best subscription and adoption rates as well as the market entry strategy and customers’ responses.
The MMT award aims to recognize and reflect the rapid emergence of this new sector in all its varied forms. The entry was open to all players in the ‘Mobile money transfer’ eco-system. This year’s awards brought together mobile money project leaders from 53 different countries, representing key stakeholders the world over.
MCB transacted amount reached more than Rs 3.05 billion since the launch of mobile-banking services in July 2009. The number of transaction carried were 2 million over the same period of time.
MCB mobile-banking services are specified for its account holders enable of making payments and view balances directly from their accounts via mobile phones or any device connected to the internet.
MCB has also been nominated for the GSMA and Banker Magazine awards for mobile-banking services.
Majority of the customers used the services for utility bills payment, money transfer of money within the country.
Besides, services of international remittance transfer, purchase of as life insurance and protection policies, mini statements and balance inquiries, donations, visa and mobile phone pre-paid cards payment are carried out through MCB mobile-banking services.