Transaction Payment Solutions (TPS), a payment and cards solutions provider worldwide and with almost 80% market share in Pakistan debit card industry has unveiled that the Easypaisa, that also launched ATM cardslast month, is using IRIS Multi-Channel Enterprise Payment Switch for provision of the ATM services.
IRIS Multi-Channel Switch is used for comprehensive card management, as well as connectivity and multi-channel acquiring of 1LINK ATM network. Integration between IRIS with Fundamo’s m-wallet platform gives flexibility to easypaisa customers to use e-banking services through POS and ATM machines.
TPS Easypaisa’s ATM cards provide high security and convenience of use for customers. Now the customers have no longer to visit any of the Easypaisa outlet to use Easypaisa services.
Easypaisa mobile account ATM cards helps users to withdraw cash from any of the, Easypaisa customers can not only withdraw cash from ATMs nationwide but can easily transfer funds, withdraw cash, make bill payments on Tameer Bank POS machines.
The ATM card program significantly improves financial inclusion for customers of Easypaisa who can directly receive payments from schemes by governmental such as Employees Old Age Benefit Institute (EOBI) and Benazir Income Support Program (BISP), and many others.
Shahzad Shahid, Chief Marketing Officer of TPS said that the TPS has been the backbone of Easypaisa. and customers trust on TPS and IRIS payment switch platform. TPS will continue to add value added services to Easy Paisa in future too with aim of success of convenient and branch-less banking in Pakistan, he added.