Telenor Microfinance, Samsung collaborate for digital disbursements

1805

Our Correspondent

Karachi

Telenor Microfinance Bank and Samsung Electronics have signed a Memorandum of Understanding (MoU) for disbursement of payments to Samsung’s channel partners through the bank’s digital banking service, Easypaisa. The partnership will enable Samsung Electronics to make payments to its retailers using Easypaisa’s reliable and secure network. Through this efficient disbursement solution, Samsung’s retailers across Pakistan will have instant access to incentive payments which will be sent directly to their Easypaisa mobile wallets and will also bring them the convenience of withdrawing their commissions from over 130,000 Easypaisa locations. Irfan Wahab Khan, Chairman Telenor Microfinance Bank, CEO of Telenor Pakistan and Head of Telenor’s Emerging Asia Cluster and Roy Chang, MD Samsung Pakistan, were present at the signing ceremony held at Telenor Pakistan headquarters along-with senior management from both the companies.

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