Why Financial Services

Telenor Financial Services builds and operates mobile financial services operations across Telenor Group’s footprint. We believe that everyone has a right to affordable and simple mobile and online banking. Through our mobile services we improve people’s lives by helping them take control over a very important issue in their life- their personal economy.

It all started with mobile transactions for the unbanked

In 2009, Telenor launched Easypaisa – Pakistan’s first mobile money transfer service. Simple and easy transactions via our nation-wide agent network enabled millions of Pakistani citizens to use banking services on their mobiles in a secure and efficient way.

Since then, Financial Services has become a substantial new business area for Telenor Group with around 20 million active customers in several countries, with a broad service portfolio reaching from simple money transfers to digital payments and banking – to name a few.

One might ask why Telenor finds it interesting to invest in mobile banking and financial services. The answer is simple: Our mobile penetration plus our nationwide distribution network enable us to offer our attractive services to all customers in our markets – be it a tech-savvy student with no time to queue up at a bank branch, or a farmer in a remote area where banks are absent. All people need are their mobile phones in order to take full advantage of mobile banking services.