Easypaisa, the country’s most popular digital payment app, has launched a new feature that allows users to update their mobile wallet accounts using biometric authentication in the app. The Biometric Verification System (BVS) is a vital regulatory requirement that also enhances users’ daily, monthly, and annual transaction limits.
Customers can now upgrade their mobile wallet accounts via the BVS function instead of visiting an agent, franchise, or branch. Customers formerly had to physically visit an external site to get their mobile wallet biometrically verified, as required by the State Bank of Pakistan (SBP). Customers can now use the BVS feature from within the Easypaisa App and enjoy upgrades on transaction limits in a convenient and secure manner, thanks to the launch of in-app Biometric Verification. By following some simple on-screen steps, users can now utilise the BVS feature present within the Easypaisa App and you can enjoy upgrades on transaction limits in a secure and convenient manner.
M. Mudassar Aqil, CEO of Easypaisa / Telenor Microfinance Bank, commented on the development, saying, “At Easypaisa, we take satisfaction in leading Pakistan’s fintech revolution by revolutionising the digital payments landscape.” They are working continuously on adding new specifications and features to the platform to enable all Pakistanis to take control of their financial decisions in a convenient and safe manner, using the best-in-class technology. In-app biometric verification, which was recently introduced, will eliminate the need for consumers to physically visit merchants/franchises to update their accounts and increase transaction limits, while also ensuring regulatory compliance.
Easypaisa is one of the most used apps by Pakistanis across all social statuses. It has over 10 million customers using the app in the past 30-days across iOS and Android platforms. Easypaisa is committed to transforming Pakistan into a cashless and financially inclusive society through the power of collaboration and technology.
Easy Paisa strives to promote financial inclusion by empowering all Pakistanis to adopt convenient and safe digital financial products, backed by the world’s largest fintech, Ant Group (an Alibaba Group affiliate), and the top multinational organisation throughout Scandinavia and Asia, Telenor Group.
Easy Paisa Makes Your Life Easy
With easy paisa, you can conveniently receive or transfer cash anywhere around the world. The App has gained popularity in such a short span of time in Pakistan. The new feature will make it easier for you to use your account.