=> The Pakistan Post will soon introduce the scheme o | Pakistan Press Foundation (PPF)

Pakistan Press Foundation

=> The Pakistan Post will soon introduce the scheme o

The Pakistan Post will soon introduce the scheme of money transfer through mobile phone services, said the Director-General Pakistan Post, Arshad Khan, on Monday.

The DG Pakistan Post chaired the meeting of Pakistan Postal Services Management Board at the office of Postmaster-General, Sindh, which was especially addressed by Federal Minister for Communications Barrister Habib-ur-Rahman who, in his address, gave his guidelines for improving postal services in the country.

Khan said the meeting was especially held in Karachi keeping in view the city’s importance as the hub of financial, trade and market activities. The meeting of Postal Services Management Board approved, in principle, to launch the scheme of money transfer through mobile phones in collaboration with the operators of telecommunication services in the private-sector.

He said that, at present, the Pakistan Post was undertaking negotiations with various providers of mobile phone services in the country for launching of the unique money transfer service. He said that initially the money transfer service would be provided in the major cities only and later on its services would be extended to smaller cities for the benefit of the customers of postal services.

The DG said that once Pakistan Post signs an agreement with the private-sector service-providers to launch the money transfer scheme, he would be in a better position to tell as to when the Post Office would start providing the service.

He said that the board meeting also approved a scheme for launching the services of micro-finance banking through post offices. He said that Pakistan Post had already signed an agreement with the First Microfinance Bank for launching of facilities through post offices. He said that, hopefully, the scheme would materialise in the current month under which prospective investors and owners of small and medium-sized businesses could borrow loans without going through the hassles of banking environment or institutions.

The Pakistan Post is also considering launching video-conferencing service facilities through the post offices under the public-private sector partnership programme. Khan said that once the service was launched by the Pakistan Post, any member of the public could walk into a post office for using the video-conferencing facility for resolving his private and business issues.

Those who attended the meeting of Pakistan Postal Services Management Board included Financial Adviser/Joint Secretary, Ministry of Communications, Mukhtiar Ali Malik; Joint-Secretary, Ministry of Communications, Khalid Ahmed Khan; Postmaster-General, Punjab Circle, Muhammad Ahmed Mian; Additional DG, Pakistan Post, Shamshad Hussain Khan; President, Allied Bank Pakistan, Khalid Ahmed Sherwani; Shahida Saleem of the Federation of Pakistan Chambers of Commerce & Industry; and Jamil Ahmed who is deputy director-general Pakistan Post and also secretary of the postal services management board.
Source: The News
Date:12/4/2007