Mobicash has reached a landmark with 30,000 retailers

ISLAMABAD ( BMZ REPORT )

Mobilink’s mobile financial service, Mobicash has reached a landmark with 30,000 retailers in just 15 months’ time of operations. It has went on to become the fastest growing mobile financial services in Pakistan. MobiCash was started with Mobilink’s aim to increase financial inclusion by providing financial services to under and unbanked population of Pakistan

With more than 30,000 retailers, Mobicash offers its customers the safest and securest way to meet their financial needs. Mobicash is offering over-the-counter services including utility bill payment, money sending and receiving facility and a secure solution for mobile wallet services.

Mobicash started its operations in November 2012 with 2,000 retailers. It has rapidly grown both in terms of retailer footprint as well as number and value of transactions in the first 15 months of its operations. Mobicash recorded around 7 million transactions worth Rs. 12 billion in 2013 as it witnessed consistent rise from quarter to quarter. Mobicash is on its way to becoming the largest mobile financial services in Pakistan thanks to its ingenuous methods of operations and ever increasing number of retailers.

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