{"id":388968,"date":"2024-02-23T09:53:47","date_gmt":"2024-02-23T04:53:47","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=388968"},"modified":"2024-02-23T09:53:47","modified_gmt":"2024-02-23T04:53:47","slug":"tmb-ericsson-strengthen-partnership-to-propel-easypaisa-financial-services","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/tmb-ericsson-strengthen-partnership-to-propel-easypaisa-financial-services\/","title":{"rendered":"TMB, Ericsson strengthen partnership to propel easypaisa financial services"},"content":{"rendered":"<p>Islamabad<br \/>\nTelenor Microfinance Bank (TMB) and Ericsson have strengthened their partnership and commitment towards financial inclusion and empowerment in Pakistan by signing a multi-year extension of their partnership to propel easypaisa\u2019s financial services offerings and expand the horizon of their service portfolio within the fintech sector.<br \/>\nEricsson\u2019s leading fintech solution, the Ericsson Wallet Platform, will support TMB in its journey towards a Digital Bank (subject to regulatory approvals) by offering a wide range of new and innovative digital financial services in Pakistan. easypaisa platform\u2019s modernization and expansion signifies a crucial juncture in TMB\u2019s growth towards becoming a digital bank in the country.<br \/>\nBuilt on cutting-edge security technologies, guided by an open architecture framework and a wide range of Application Programming Interfaces (APIs), the Ericsson Wallet Platform enables individuals and businesses to conduct secure and convenient banking and payment transactions with ease, directly from their mobile or smart devices. easypaisa customers can securely manage funds, pay merchants and utility providers, and access loans and insurance services with ease and affordability, promoting financial freedom and stability.<br \/>\nKashif Ahmed, Acting Chief Executive Officer and President, TMB &#038; easypaisa, says: \u201cTMB and easypaisa is committed to enabling a financially inclusive and empowered Pakistan. With our state-of-the-art in-house technology, powered by the Ericsson Wallet Platform, we aim to position ourselves as a leading Digital Bank providing a spectrum of new and innovative digital financial services for millions of Pakistanis.<br \/>\nWith this strategic collaboration, our unified goal is to reshape the financial landscape across Pakistan and develop an inclusive ecosystem that benefits the entire country.\u201d<br \/>\nThe Ericsson Wallet Platform supports over 400 million registered mobile wallets and processes more than 2.8 billion transactions worth over USD 40 billion monthly through communication service providers and financial institutions globally.<br \/>\nMichael Wallis-Brown, Head of Mobile Financial Services at Ericsson, says: \u201cOur partnership with Telenor Microfinance Bank signifies a shared vision to intensify efforts to accelerate fintech innovation, contributing to the financial inclusion and empowerment in Pakistan.<br \/>\nLeveraging the Ericsson Wallet Platform, we aim to connect easypaisa customers with banking and advanced Fintech services, providing transformative technologies to enhance capabilities and offering secure, user-friendly easypaisa services and mobile financial offerings.<br \/>\nTogether, we are committed to driving financial inclusion and economic growth while delivering seamless mobile financial solutions tailormade to suit the needs of the dynamic digital age of today.\u201d<br \/>\nEricsson and TMB have been successfully collaborating for many years to accelerate and increase financial inclusion and empowerment in Pakistan. The innovative products and services offered by TMB &#038; easypaisa cater to the unique needs of all segments of Pakistan with evidence from the fact that one in every four adults in Pakistan has a registered easypaisa account.<br \/>\nWith over 40 million registered mobile accounts and counting, easypaisa continues to lead Pakistan\u2019s digital financial services landscape, dedicated to fostering financial inclusion through the power of collaboration and technology.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad Telenor Microfinance Bank (TMB) and Ericsson have strengthened their partnership and commitment towards financial inclusion and empowerment in Pakistan by signing a multi-year extension of their partnership to propel easypaisa\u2019s financial services offerings and expand the horizon of their service portfolio within the fintech sector. Ericsson\u2019s leading fintech solution, the Ericsson Wallet Platform, will [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":388987,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-388968","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TMB, Ericsson strengthen partnership to propel easypaisa financial services<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/tmb-ericsson-strengthen-partnership-to-propel-easypaisa-financial-services\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TMB, Ericsson strengthen partnership to propel easypaisa financial services\" \/>\n<meta property=\"og:description\" content=\"Islamabad Telenor Microfinance Bank (TMB) and Ericsson have strengthened their partnership and commitment towards financial inclusion and empowerment in Pakistan by signing a multi-year extension of their partnership to propel easypaisa\u2019s financial services offerings and expand the horizon of their service portfolio within the fintech sector. 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