To upscale the pace of digital transactions and provide convenience, UPaisa has facilitated its customers by completely removing the charges on all transactions using mobile wallet accounts.
As the nati0n appr0aches Eid amid the c0r0navirus crisis, the m0ve will pr0ve extremely c0nvenient f0r the users t0 transfer m0ney safely fr0m the c0mf0rt 0f their h0me.
In resp0nse t0 the pandemic in March and as per the directive 0f State Bank 0f Pakistan, charges 0n m0ney transfer t0 0ther bank acc0unts fr0m m0bile wallets were als0 rem0ved. N0w with this m0ve, all types 0f m0ney transfer transacti0ns will be free fr0m the UPaisa wallet.
This means that cust0mers can n0w send m0ney t0 any0ne in Pakistan with a valid CNIC by selecting send m0ney and then selecting the CNIC 0pti0n fr0m the menu. M0ney can als0 be dep0sited int0 UPaisa acc0unt fr0m any 0ther bank acc0unt by simply selecting U Micr0finance Bank fr0m the list and adding the UPaisa wallet acc0unt/m0bile number.
In 0rder t0 0pen a new UPaisa acc0unt, Uf0ne cust0mers can simply dial *786# fr0m their Uf0ne SIM, accept the terms and c0nditi0ns, enter CNIC issuance date, and create MPIN up0n receiving c0nfirmati0n SMS.
The step has been taken t0 enc0urage pe0ple t0 perf0rm 0nline transacti0ns instead 0f stepping 0ut 0f their h0mes f0r payments. Sm00th 0nline transacti0n system will eliminate the hassle 0f g0ing t0 the bank al0ng with ensuring safety.
UPaisa aims t0 fulfill the basic financial services needs 0f the cust0mers including dep0sits, m0ney transfer, bill payments, m0bile t0p-ups, ATM cards, and payments f0r a variety 0f services.