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They named the branchless banking service "Easypaisa" and launched it in October 2009. [22] Easypaisa was Pakistan's first branchless banking deployment. [ citation needed ] Later 'Mobile Wallet' was introduced where normal Telenor Pakistan subscribers could now open a mobile account and make transactions themselves using their cellphones.
Easypaisa is a Pakistani mobile wallet, mobile payments and branchless banking services provider. [2][3] It was founded in October 2009 by Telenor Pakistan. [4] It also provides digital payment services through a QR code in partnership with Masterpass and it is the only GSMA mobile money certified service in Pakistan. [5]
A direct bank (sometimes called a branch-less bank or virtual bank) is a bank that offers its services only via the Internet, mobile app, email, and other electronic means, often including telephone, online chat, and mobile check deposit. A direct bank has no branch network. It may offer access to an independent banking agent network and may ...
TD Bank. TD Bank both provides 24/7 phone support and offers longer branch hours than many other banks. The bank operates more than 1,100 branches along the East Coast, many of which are open for ...
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Islamic banking and finance has its own products and services that differ from conventional banking. [1][2] These include Mudharabah (profit sharing), Wadiah (safekeeping), Musharakah (joint venture), Murabahah (cost plus finance), Ijar (leasing), Hawala (an international fund transfer system), Takaful (Islamic insurance), and Sukuk (Islamic ...
House Building Finance Company was founded in 1951. Before the independence of East Pakistan, it was headquartered in Dacca. [3] It was incorporated as a corporation on 25 July 2007 and is jointly owned by the State Bank of Pakistan (90.31 percent) and Government of Pakistan (9.69 percent). [2]
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