Easypaisa a joint venture of Telenor Pakistan and Tameer Microfinance Bank recently launched Inter Bank Fund Transfer
(IBFT) service which now connects the unbanked directly to the banking infrastructure by enabling them to send and receive money on their Mobile Accounts and through OTC services.
He said that Tameer Bank through Easypaisa has announced the availability of its Inter Bank Fund Transfer
(IBFT) service to enable customers to transfer funds between a number of banks via the 1-link switch.
Furthermore, steps under the PRI such as launched Inter Bank Fund Transfer
(IBFT), Xpress money facility have also assisted to improve the remittance flow into Pakistan.