Islamabad, Oct 2: Telenor Microfinance Bank Easypaisa Partners with Ericsson. Ericsson (NASDAQ: ERIC), in collaboration with Telenor Microfinance Bank (TMB), has successfully executed a significant technology upgrade of the Ericsson Mobile Financial Services platform at TMB, transitioning it to the latest cloud-native version.
This upgraded platform features a modern solution built on open architecture, complete with a wide array of Application Programming Interfaces (APIs) and enhanced functionalities.
This strategic enhancement enables easypaisa to provide faster, more secure, personalized, and user-friendly financial services, further reinforcing its role in digital banking and financial inclusion in Pakistan.
The upgraded platform bolsters easypaisa’s capacity to innovate and deliver a wider range of digital financial services, accelerating its goal of promoting financial inclusion and economic empowerment across the country.
Mohammad Hasan Ayaz, Chief Technology Officer of Telenor Microfinance Bank/easypaisa, remarked, “This upgrade and renewed commitment represent a significant milestone for easypaisa’s technology stack, enabling us to deliver secure and reliable financial services nationwide.
Michael Wallis-Brown, Head of Mobile Financial Services at Ericsson, noted, “Ericsson’s Mobile Financial Services platform has been a leader in mobile money and digital wallets for over a decade.
The successful deployment of our latest cloud-native Mobile Financial Services platform will help easypaisa scale its operations and provide a seamless and efficient mobile financial experience in Pakistan’s rapidly evolving fintech environment.
Telenor Microfinance Bank is at the forefront of Pakistan’s fintech revolution, leveraging collaboration and technology to empower millions with access to financial services.
Together, Ericsson and TMB are committed to driving a digitally inclusive economy, transforming lives, fostering transparency, and contributing to the vision of a truly Digital Pakistan.
