Easypaisa Upgrades to Next Generation Financial Services Platform

Pakistan’s Mobile Money service Easypaisa has announced today its successful upgradation to the next generation Financial Services platform established by world renowned technology provider Ericsson.

The upgrade is expected to offer added functionalities. The new platform with its open Application Programming Interface (API) protocol will enable faster speed to product development and pricing, resulting in enhanced service quality and meeting the growing needs of the customers.

The platform switch will allow EasyPaisa consumers to conduct secure mobile banking transactions with ease. It also helps operators bring mobile money to even more unbanked citizens. It also means newer interfaces like web, and apps for tablets and smartphones, making access to Easypaisa Mobile Account easy and accessible.

Easypaisa is continuously focusing on enhancing customers’ experience of doing financial transactions in a secure and seamless manner. It’s essential to have the right Technology partner to roll out new services which provide added benefits and services to propel financial inclusion through branchless banking. – Nadeem Hussain, Founder, President and CEO, Tameer Microfinance Bank.

With more than 21 million active consumers, Easypaisa is one of the largest mobile money deployments globally. The platform upgrade will benefit not just Easypaisa but also all of its customers, retailers and partner organizations. Easypaisa looks forward to embarking on an extraordinary journey of mass financial inclusion by leading the mobile financial industry with futuristic technology.

Easypaisa’s investment in this upgrade showcases our commitment to continuously improve the lives of Pakistanis. – Muhammad Yahya Khan, Chief Financial Services Officer at Telenor Pakistan.

  • as per my experience Fundamo is Batter then from Newly Upgraded Phoenix by Ericsson
    Fundamo is Africans and its Officially VISA Company and VISA.inc Batter know about Security faster reliable

    • yes they are launching this service to Other Mobile Operators as well. Basically you can have a Zong SIM and use EasyPaisa services on your number. Looking forward :)

  • Aman Chawla I believe Fundamo is not that robust. It has lots and lots of limitation around it. It like off the shelf product and cost millions if you go for CR. Above all its difficult to deploy and Mobilink experience it and bcz of it she has loses a lot of market share.

  • Dear Aman , Visa itself is closing Fundamo system world wide :) … and as far as security is concerned this is all done by VISA to make money. No extra sec measures are taken by VISA which other payment schemes are not offering. Have you used Fundamo and Ericsson , I have seen both systems and I can safely say new system is far better.

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