MobiCash Introduced By Mobilink & Waseela Bank

Mobilink has maunched its payment serivec under the name of Mobicash which will transfer the people money from one city to another city or from one town to another town. It has also launched the website which is up and running now, it has all the details about mobile financial services that MobiCash is offering. Mobilink is the largest mobile operator of the country and it has sufficient reach through franchise network.

Surpricing thing is that this name is not new in the globe there are many companies who are running there product under this name.For example, Warid Congo launched MobiCash, a mobile financial solution earlier this year; similarly GarmeenPhone has MobiCash for ticketing services through mobile phones. There is another MobiCash service available in South Africa, tailored for merchants and retailers.

In comparision the services charges of Mobicash is little bit lower then Easy Paisa

Service Charges – Mobicash Vs Easypaisa:

Transaction Slabs (PKR)        Mobilink Mobicash         Telenor Easypaisa
0 – 1,000                                 Rs. 60.00                                 Rs. 60
1,001 – 2,500                        Rs. 120.00                              Rs. 120
2,501 – 4,000                        Rs. 180.00                              Rs. 180
4,001 – 6,000                        Rs. 240.00                             Rs. 240
6,001 – 8,000                        Rs. 300.00                             Rs. 300
8,001 – 10,000                     Rs. 350.00                             Rs. 360
10,001 – 13,000                  Rs. 400.00                             Rs. 420
13,001 – 15,000                   Rs. 450.00                            Rs. 480