mobile account

It became known that Barclays Bank has partnered M-Pesa, a mobile money transfer service of Safaricom company. Owing to this new partnership the Barclays Bank account holders can now deposit and withdraw funds to and from their account using their mobile phones. According to Adan Mohamed, the Barclays managing director for East and West Africa this step was taken to popularize bank services and to make access to the service easier. 

Tameer Microfinance Bank and Telenor Pakistan alliance launched a first of its kind product in Pakistan, offering transactions through the customer's own mobile phone.

'Mobile Account' represents the third in the suite of services offered under the banner of easypaisa. Mobile Accounts will support utility bill payment, money transfer and cash in / cash out services through customer's Telenor connection.