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Easypaisa

Pakistani digital bank From Wikipedia, the free encyclopedia

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Easypaisa Bank Limited, stylized as easypaisa, is a Pakistani digital bank based in Karachi.[1] It provides services such as mobile wallet, mobile payments, and branchless banking.[2][3]

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History

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The picture shows an EasyPaisa debit card powered by UnionPay. The card number and name are usually at the front.

Easypaisa was founded in 2009 by Telenor Microfinance Bank as a money transfer service through Unstructured Supplementary Service Data (USSD) channels.[4] Telenor Microfinance Bank was originally founded as Tameer Microfinance Bank and was acquired by Telenor Pakistan in 2008.[5][6] Later, in 2018, Ant Group also acquired a stake in Telenor Microfinance Bank through its subsidiary Ant Financial.[7][8]

In January 2023, Easypaisa launched the debit card.[9]

In January 2025, Easypaisa received the first digital retail bank licence from the State Bank of Pakistan.[10][11]

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See also

References

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