In the Easypaisa facility, the Biometric Money Transfer facility is going to be introduced so that they can extend the network of easypaisa retailers all over Pakistan. There is huge number of customers, who use Mobile financial services and they have requested to increase the limits so that they can cater their financial needs. Before the launching of the biometric money transfer service, the clients send or receive the amount up to PKR 15,000 per month from easypaisa retailer.

With the use of Biometric services, the customers can get the advanced limits of PKR 50,000 and they can transfer higher amounts. The customers, who do not want to share their CNIC copies, they cannot use mobile financial services and they can send the cash by using this biometric service and they can send the amount easily.

The customers can use the thumbprint and the easypaisa retailers can ensure the CNIC number of the customer is expired or blocked. There are above 20,000 easypaisa retailers, who are equipped with necessary tools and they are also trained to provide the facility to the customers with the provision of biometric verification and they can receive funds with the more retailers, who are added with this system.

The president and CEO of Tameer bank said that there is vast network of the retailers, which is over 75,000 in the rural and urban areas and easypaisa is becoming popular and most successful money transfer service, which is providing over-the-counter services and it is expanding to 650,000 transactions per day. With the introduction of biometric methods of identification, the whole process will become more transparent, safe and convenient in transaction of money.

The head of easypaisa said that with the start of the biometric verification, the strongest KYC is provided to the clients anywhere across the world. The provision of easypaisa is the real time verification of the clients and latest technology is used in it, which can support the valued customers to transfer the amounts. The higher limit money transfer will address the increasing segment of the market, who wants to send the higher amounts so that it can increase the reach and trust of the customers and help in providing the true potential of branchless banking industry across the country.