SBP introduces Asaan Mobile Account dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
The State Bank of Pakistan is all set to launch the Asaan Mobile Account or AMA scheme today, Monday, December 13. A notification issued on Monday stated that the initiative has been developed under the National Financial Inclusion Strategy (NFIS) with the objective to bring further ease in remote account opening under branchless banking. “The AMA scheme will allow users with feature and non-feature phones to open a bank account through Unstructured Supplementary Service Data (USSD) channels, without the need for an internet connection,” the SBP said. According to the central bank, the solution has been developed through collaboration of SBP, Pakistan Telecommunication Authority .
SBP launches Asaan Mobile Account initiative - Pakistan Observer pakobserver.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pakobserver.net Daily Mail and Mail on Sunday newspapers.