What will happen to Easypaisa After PTCL Purchase?

In response to recent discussions surrounding the acquisition of Telenor Pakistan by PTCL, Easypaisa, the trusted digital financial services provider, has issued a comprehensive statement to address customer concerns and dispel any rumors.

Easypaisa wants to assure its valued customers that the sale of Telenor Pakistan to PTCL will not impact its operations in any way. The financial stability and security of Easypaisa remain steadfast as it clarifies that Telenor Microfinance Bank (TMB) and Easypaisa are not part of the transaction. Customers’ deposits are entirely secure, and this development will have no impact on them.

The statement emphasizes that Telenor Microfinance Bank and Easypaisa operate as independent financial institutions, licensed and governed by the State Bank of Pakistan (SBP). The collaboration between Telenor B.V. and Ant Group signifies dedicated shareholders committed to the ongoing transformation of the bank from a Microfinance Bank to a Digital Retail Bank, subject to regulatory approvals.

Easypaisa encourages its customers to disregard any unfounded rumors and maintain confidence in its commitment to providing the highest standards of service and security. Operations will continue seamlessly, and the company remains dedicated to its mission of contributing to a financially inclusive, digital Pakistan.