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Easypaisa Signs an Agreement with EFU Life for Collection of Insurance Premium

Telenor's Easypaisa


Telenor’s Easypaisa signs an agreement with EFU Life Assurance Ltd. under which Easypaisa will extend its services  to get faster insurance premium collection from EFU Life’s clientele through Easypaisa’s wide network in Pakistan.

On 30th December 2016, the agreement was signed by Muhammad Yahya Khan, Head of Easypaisa, and Taher G Sachak, MD & CEO, EFU Life Insurance. EFU Life is Pakistan-based life insurance company, offering a wide range of insurance products to its clients.

Sharing his thoughts on the development, Muhammad Yahya Khan, Head of Easypaisa, said,

“We are glad to extend Easypaisa’s services to support EFU Life Insurance for insurance premium collection from across the country. Easypaisa, with the help of its expansive network of agents all over the country, will be instrumental in facilitating smooth and convenient collection of premium for EFU.

The agreement comes in connection with Easypaisa’s commitment to facilitate everyday transactions as part of its long term socioeconomic empowerment goals. We will continue to forge partnerships and support interoperability to enhance financial inclusion in Pakistan.”

Speaking on the occasion, Taher G Sachak, MD & CEO, EFU Life, stated,

“Customer centricity is the core of our business.  As the leading life insurer in Pakistan, we believe in connecting with our clients by giving them greater accessibility to our products and services through expansion of our distribution footprint and investing in IT solutions, and also by continuously striving to serve them better.”

And further he said;

It gives me immense pleasure to have partnered with Easypaisa for our payment solutions, giving our clients the ease, flexibility and access to pay their renewal premiums in a reliable and secure manner through the vast network of over 77,000 Easypaisa outlets and retailers.”

Easypaisa being Pakistan’s pioneer branch-less banking service has been transforming the banking and finance scenario in the country. Recently Easypaisa has won the financial innovation award 2016 in London .

Telenor’s Easypaisa has played an essential role in bringing banking made easy for everyone in Pakistan.

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