Samsung Pakistan is employing one of the most popular mobile banking platforms in the country, Easypaisa to make disbursements of payments easy for its retailers.
The company has partnered with Telenor Microfinance Bank and signed a Memorandum of Understanding (MoU) which will take away the complicated hassles of traditional banking by allowing its channel partners to withdraw their money from more than 130,000 Easypaisa locations.
Moreover, integrating the services of Easypaisa with their payment solution will also provide the retailers with instant access to their incentive payments which Samsung Pakistan will send directly to their mobile wallets.
Even with the growing ease of opening and maintaining a bank account, many people prefer mobile banking options over the traditional brick and mortar ones like Easypaisa to send and receive money due to its flexible payment system which provides security and assurance to both parties.
Now that Samsung Pakistan has adopted a system made to bring comfort in the lives of a common man, the company will be able to grow closer to both small and big retailers irrespective of where they are located across the country.
At the same time, this partnership proves that there is a huge potential for mobile banking in the country and has the muscle power to facilitate the supply chain of major corporations.