ISLAMABAD: United Bank Limited (UBL) and mobile company Tuesday joined hands to bring easy access to financial services to their common customers.
The mobile company is offering Mobile Financial Services under the name of UPayments. This is USSD based secure session service that is extremely customer friendly and has no handset limitation whatsoever, said a press release issued here today.
This joint venture will allow common customers of both UBL and mobile company to add credit to their prepaid service and pay their postpay bills directly from their handsets.
With this strategic partnership, customers get the freedom to pay bills of 15 Utility Companies offered by UBL irrespective of their location and time. The customers no longer have to worry about running to different outlets to pay their bills.
Most importantly, the customers of the mobile company can avail these services while roaming anywhere in the world, thanks to mobile company's vast International Roaming network and the presence of UBL in 11 different countries apart from over 1100 branches in Pakistan.
The customer only needs a UBL bank account to enjoy this trouble free service.
CEO of the mobile company, Abdul Aziz said that this strategic partnership is a milestone in our journey to extend the reach of UPayments to all banked customers which will serve as a trusted platform for the whole banking industry.
This is the start to many other features and services which will eventually allow mobile company's valued customers to use their handsets for all financial transactions.
"We believe in developing partnerships and invite all banks to join hands to better facilitate and serve our common customers under our trusted USSD platform of UPayments".
President of UBL, Atif R. Bokhari, speaking on the occasion said, "UBL has the distinction of pioneering mobile wallet offering in Pakistan. We continue to take pride in being leaders in offering innovative banking solutions to the customers.
This partnership is intended to offer yet another electronic channel to our customers to interact with their bank account in an easy, user friendly and secure environment.
"We believe this partnership will allow us to develop other services for our common set of customers to cater to the changing demographics of users.
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