Branchless Banking

Mobile Paisa

Bank Alfalah has joined hands with Warid Telecom to launch “Mobile Paisa”; a branchless banking service which aims to provide innovative, technology based financial solutions to customers.  Mobile Paisa currently offers customers with Over the Counter (OTC) facilities for making utility bill payments as well as Person to Person (P2P) funds transfer services via 2000 plus agent locations across Pakistan.

With the launch of Mobile Paisa, the Bank aims to support the creation of a branchless banking and alternate payments ecosystem which is likely to augment financial inclusion in the country, thereby reducing the gap between the banked and the yet-to-be-banked.  In addition, Mobile Paisa will also provide bespoke products and services to Pakistan’s existing banking population, including solutions for SME, agri & payroll segments.  The ultimate objective is multi pronged; firstly, to enable individuals to conduct transactions through a wider array of products and distribution channels and secondly, to eventually enhance access to financial services by broadening the banking population ambit – a critical gap which needs to be addressed in Pakistan.

Individuals can use Mobile Paisa services by visiting their nearest Mobile Paisa agent location, Warid Business Center or Warid Franchise.

Money transfer through Mobile Paisa

Using Mobile Paisa Money Transfer, you can now send/receive money to/from your family and friends in a highly convenient, secure and effective way. You can use Mobile Paisa services even if you don’t have a Warid connection or a mobile phone. All you have to do is to visit any of our agents and begin using their services without any registration.

 

The following charges are applicable for each transaction:

 

Slab Start

Slab End

Fee(PKR)

FED*(PKR)

Total Charges(PKR)

1

1,000

51.72

8.28

60

1,001

2,500

103.45

16.55

120

2,501

4,000

155.17

24.83

180

4,001

6,000

206.90

33.10

240

6,001

8,000

258.62

41.38

300

8,001

10,000

310.34

49.65

360

10,001

13,000

362.07

57.93

420

13,001

15,000

413.79

66.21

480

 

* All charges are subject to 16% FED

 

Transactional limits for sending & receiving Money:

  • Rs.15,000 per month on each CNIC
  • There is no limit on the number of transactions per CNIC in a given month

 

Bill payment through Mobile Paisa

Mobile Paisa bill payment service brings you a secure, hassle free way to pay your electricity, gas, telephone, and internet bills. Now you can easily pay your utility bills from your nearest Mobile Paisa agent location, Warid Business Center or Warid Franchise.

List of utility bill companies to whom you can make payments:

Electricity

•     KESC (Karachi Electric Supply Company)

•     LESCO (Lahore Electric Supply Company)

•     IESCO (Islamabad Electric Supply Company)

•     FESCO (Faisalabad Electric Supply Company)

•     HESCO (Hyderabad Electric Supply Company)

•     MEPCO (Multan Electric Power Company)

•     GEPCO (Gujranwala Electric Supply Company)

•     PESCO (Peshawar Electric Supply Company)

Telephone

•     PTCL (Pakistan Telecommunication Company Limited)

Gas

•     SSGC (Sui Southern Gas Company)

•     SNGPL (Sui Northern Gas Pipelines Ltd)

 

Service Charges

There are no service charges for bill payments made through a Mobile Paisa Outlet.

 

 

For further details on Mobile Paisa or to search for payment details, kindly visit http://www.mobilepaisa.com.pk

24/7 Customer Support

For details about our Products & Services call our Phone Banking Service at 111-225-111