In the wake of emerging mobile technologies, the spread of mobile phones across Pakistan presents a remarkable potential for m- banking/ m- payments for financial providers as well as mobile operators.
PTA has issued show-cause notices to all cellular operators over substandard service quality. The operators had earlier been asked to improve their network after a Quality of Service (QoS) survey found their performance not up to the set standards.
PTA is closely working with SBP on the draft of “Third Party Mobile Banking Regulations”. Once finalized, it will connect all banks of Pakistan with cellular mobile operators for mobile transactions.
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