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Easypaisa
Easypaisa is a Pakistani mobile wallet, mobile payments and branchless banking services provider. It was founded in 2009 by Telenor Pakistan. It also provides digital payment service through QR code in partnership with Masterpass and is the only GSMA mobile money certified service in Pakistan. Easypaisa was initially launched as a money transfer service through Unstructured Supplementary Service Data (USSD) channels. In 2016, Easypaisa mobile app was launched to carry out a host of financial transactions other than money transfer. Easypaisa is the branchless banking service of Telenor Microfinance Bank which is jointly owned by Telenor Group, one of the world’s largest telecommunications company across the Nordics and Asia with 186 million customers, and Ant Group, an affiliate company of Alibaba Group and the operator of the world's leading open digital lifestyle platform, Alipay. On, January 17, 2023, Easypaisa launched debit card. History Easypaisa was launched ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Telenor Pakistan
Telenor Pakistan (Pvt.) Limited (Urdu: ٹیلی نار پاکستان) is the second largest cellular & digital services provider in Pakistan owned by Telenor Group, which is an international provider of voice, data, content and mobile communication services in 9 markets worldwide in Scandinavia and Asia. Telenor started out as a public company in 1855. Irfan Wahab Khan is the current CEO of Telenor Pakistan since August 2016. Currently, Telenor Pakistan has a total subscriber base of 49 million with 26% cellular market share in Pakistan and more than 1,300 employees. Since its launch in 2005, the company has made an investment of more than $5 billion. History License Telenor acquired a license for providing GSM services in Pakistan in April 2004, and launched its services commercially in Karachi, Islamabad, and Rawalpindi on 15 March 2005; it expanded its services to Lahore, Faisalabad and Hyderabad on 23 March 2005. Telenor Pakistan's corporate headquarters are in Isla ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Telenor Microfinance Bank
Telenor Microfinance Bank, () formerly Tameer Microfinance Bank, is a Pakistani microfinance bank which is based in Karachi, Pakistan. It was founded in 2006 by Nadeem Hussain as Tameer Microfinance Bank which was later acquired by Telenor Pakistan. Telenor Microfinance Bank is jointly owned by Telenor Group, the leading telecommunications company across the Nordics and Asia with 186 million customers, and Ant Group, an affiliate company of Alibaba Group and the operator of a digital lifestyle platform, Alipay. With a distribution network of over 150 thousand agents and touchpoints nationwide, Telenor Microfinance Bank is one of the largest microfinance banks of Pakistan. Mohammad Mudassar Aqil is the current President & CEO of the bank. History In November 2008, Telenor Pakistan acquired 51 percent shares in Tameer Microfinance Bank for $12.5 million. In March 2016, Telenor Pakistan acquired the remaining 49 percent shares of Tameer MicroFinance Bank for an undisclosed sum. In M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
JazzCash
JazzCash, formerly known as MobiCash, is a Pakistani mobile wallet, mobile payments, and branchless banking services provider. It was launched in 2012 as MobiCash by Mobilink (now Jazz) in partnership with their subsidiary bank Mobilink Microfinance Bank. It has a market share of 64 percent in mobile money activity. It also provides digital payment service through QR code in partnership with Masterpass. History JazzCash was launched in 2012 as MobiCash by Mobilink (now Jazz) in partnership with Waseela Bank, which was later renamed as Mobilink Microfinance Bank. In 2016, MobiCash was renamed as JazzCash. In 2020, JazzCash partnered with Payoneer to provide freelancers with a solution that would allow them to withdraw funds from their Payoneer account through their JazzCash wallet. Currently, more than one lac such accounts has been linked to JazzCash. See also * Easypaisa Easypaisa is a Pakistani mobile wallet, mobile payments and branchless banking services provider. It w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ant Group
Ant Group ()'','' formerly known as Ant Financial, is an affiliate company of the Chinese conglomerate Alibaba Group. The group owns the world's largest mobile (digital) payment platform Alipay, which serves over 1.3 billion users and 80 million merchants, with total payment volume (TPV) reaching in June 2020. It is the second largest financial services corporation in the world, behind Visa. In March 2019, ''The Wall Street Journal'' reported that Ant's flagship Tianhong Yu'e Bao money-market fund was the largest in the world, with over 588 million users, or more than a third of China's population, contributing cash to it. In October 2020, Ant Group was set to raise US$34.5 billion in the world's largest IPO at the time, valuing the company at US$313 billion. On the eve of the IPO, China stopped the process from moving forward. It was reported that the Chinese Communist Party leader Xi Jinping personally scuttled the Ant IPO. On 12 April 2021, ''The Wall Street Journal'' report ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mobile Payments
A mobile payment, also referred to as mobile money, mobile money transfer and mobile wallet, is any of various payment processing services operated under financial regulations and performed from or via a mobile device, as the cardinal class of digital wallet. Instead of paying with cash, cheque, or credit cards, a consumer can use a payment app on a mobile device to pay for a wide range of services and digital or hard goods. Although the concept of using non-coin-based currency systems has a long history, it is only in the 21st century that the technology to support such systems has become widely available. Mobile payments began adoption in Japan in the 2000s and later all over the world in different ways. The first patent exclusively defined "Mobile Payment System" was filed in 2000. In developing countries, mobile payment solutions have been deployed as a means of extending financial services to the community known as the "unbanked" or "underbanked", which is estimated to be a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2009 Establishments In Pakistan
9 (nine) is the natural number following and preceding . Evolution of the Arabic digit In the beginning, various Indians wrote a digit 9 similar in shape to the modern closing question mark without the bottom dot. The Kshatrapa, Andhra and Gupta started curving the bottom vertical line coming up with a -look-alike. The Nagari continued the bottom stroke to make a circle and enclose the 3-look-alike, in much the same way that the sign @ encircles a lowercase ''a''. As time went on, the enclosing circle became bigger and its line continued beyond the circle downwards, as the 3-look-alike became smaller. Soon, all that was left of the 3-look-alike was a squiggle. The Arabs simply connected that squiggle to the downward stroke at the middle and subsequent European change was purely cosmetic. While the shape of the glyph for the digit 9 has an ascender in most modern typefaces, in typefaces with text figures the character usually has a descender, as, for example, in . The mod ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alipay
Alipay () is a third-party mobile and online payment platform, established in Hangzhou, China in February 2004 by Alibaba Group and its founder Jack Ma. In 2015, Alipay moved its headquarters to Pudong, Shanghai, although its parent company Ant Financial remains Hangzhou-based. Alipay overtook PayPal as the world's largest mobile (digital) payment platform in 2013. As of June 2020, Alipay serves over 1.3 billion users and 80 million merchants. According to the statistics of the fourth quarter of 2018, Alipay has a 55.32% share of the third-party payment market in mainland China, and it continues to grow. History The service was first launched in 2003, by Taobao. The People's Bank of China, China's central bank, issued licensing regulations in June 2010 for third-party payment providers. It also issued separate guidelines for foreign-funded payment institutions. Because of this, Alipay, which accounted for half of China's non-bank online payment market, was restructured as a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Masterpass
Masterpass is the trademark under which Mastercard provides digital payment services in some markets around the world, which is a digital wallet that allows to pay faster by keeping all the information you need for payment and delivery in one place. It is a universal payment solution that can be integrated into both a website and a mobile application. Despite its name, Masterpass is compatible with more than simply Mastercard products, it allows you to save the data of cards other payment systems. Mastercard does not charge merchant any fees for purchases through Masterpass. Masterpass users can receive special offers from some of the retailers that accept the payment service. It works similarly to Apple Pay and Google Pay online, so if a website or service hasn't already added support, Masterpass won't change that. See also * Click to Pay * Visa Checkout * Apple Wallet * Google Wallet * Samsung Pay Samsung Pay (stylized as SΛMSUNG Pay) is a mobile payment and digital wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
