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Telenor's Pakistani unit taps Alipay to launch blockchain remittance service

Jan 09, 2019 - Marketline Newswire

Pakistan's Telenor Microfinance Bank (TMB), part of Norwegian telecommunications firm Telenor, has partnered with Telenor's Malaysian subsidiary Valyou and its Pakistani mobile banking unit Easypaisa to launch blockchain-based remittance service between Malaysia and Pakistan.

The new service is based on blockchain technology developed by Alipay, operated by Ant Financial Services Group.With the service, Pakistani residents of Malaysia can make money transfers to Pakistan instantly through ...