BoP Zong  Inov8 Press Release

Published by The Dawn on Tuesday, June 24, 2014

ISLAMABAD: The Bank of Punjab (BoP), Zong and Inov8, a technology and consulting solutions provider, have signed a memorandum of understanding (MoU) to digitise government flows through branchless banking, the provision of financial services through neighbourhood retail shops.

Speaking at the occasion, BoP President Naeemuddin Khan said his bank was pleased to sign the MoU to extend financial services to the grass-roots level of the population, a press release said.


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BoP Zong  Inov8 Press Release

Published by The Nation on Tuesday, June 24, 2014

KARACHI (PR): BOP, Zong and Inov8 signed an MoU to announce their partnership for digitizing government flows via the branchless channel. Branchless Banking is the provision of financial services through neighborhood retail shops whereby the financial services are offered to the unbanked population at their doorsteps.

This is a first of its kind arrangement wherein service providers with existing market experience are coming together to provide the services which are aimed at poverty alleviation and financial inclusion of the under privileged masses.
There are 2 areas to focus for successful implementation: i) The Technology ii) The Agent Network (distribution side). BoP has entered into an MoU with Zong and Inov8 as both organizations have local market presence, expertise and existing experience which they aim to bring together to build synergies for best service offering. Continue reading


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Published by Pakistan Today on Tuesday, June 24, 2014

paksitan today


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BoP Zong  Inov8 Press Release

Inov8 – Official Release

Islamabad, June 22 2014: BOP, Zong and Inov8 signed an MOU to announce their partnership for digitizing government flows via the branchless channel.

Branchless Banking is the provision of financial services through neighborhood retail shops whereby the financial services are offered to the unbanked population at their doorsteps. This is a first of its kind arrangement wherein service providers with existing market experience are coming together to provide the services which are aimed at poverty alleviation and financial inclusion of the under privileged masses.

There are 2 areas to focus for successful implementation: i) The Technology ii) The Agent Network (distribution side). BoP has entered into an MoU with Zong and Inov8 as both organizations have local market presence, expertise and existing experience which they aim to bring together to build synergies for best service offering. Continue reading


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Published by Business Recorder on Sunday, June 22, 2014

ISLAMABAD: The Bank of Punjab, Zong and Inov8 signed an MOU to announce their partnership for digitizing government flows via the branchless channel.

Branchless banking is the provision of financial services through neighbourhood retail shops whereby the financial services are offered to the unbanked population at their doorsteps. This is a first of its kind arrangement wherein service providers with existing market experience are coming together to provide the services which are aimed at poverty alleviation and financial inclusion of the under privileged masses.

There are two areas to focus for successful implementation: i) The Technology ii) The Agent Network (distribution side). BoP has entered into an MoU with Zong and Inov8 as both organizations have local market presence, expertise and existing experience which they aim to bring together to build synergies for best service offering.


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Published by Pakistan Observer on Sunday, June 22, 2014

Sunday, June 22, 2014 – Karachi—BOP, Zong and Inov8 signed an MOU to announce their partnership for digitizing government flows via the branchless channel. Branchless Banking is the provision of financial services through neighborhood retail shops whereby the financial services are offered to the unbanked population at their doorsteps. This is a first of its kind arrangement wherein service providers with existing market experience are coming together to provide the services which are aimed at poverty alleviation and financial inclusion of the under privileged masses.

There are 2 areas to focus for successful implementation: i) The Technology ii) The Agent Network (distribution side). BoP has entered into an MoU with Zong and Inov8 as both organizations have local market presence, expertise and existing experience which they aim to bring together to build synergies for best service offering. Speaking at the occasion Mr. Naeemuddin Khan said “The Bank of Punjab is pleased to sign MoU with Zong and Inov8 Limited to extend financial services to the grass root level of the population. This initiative will not only bring prosperity to the region but also help the underprivileged to enjoy financial services at their doorstep.” Continue reading


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Published by The News International on Sunday, June 22, 2014

Islamabad: BOP, Zong and Inov8 signed an MOU to announce their partnership for digitizing government flows via the branchless channel.

Branchless Banking is the provision of financial services through neighborhood retail shops whereby the financial services are offered to the unbanked population at their doorsteps. This is a first of its kind arrangement wherein service providers with existing market experience are coming together to provide the services which are aimed at poverty alleviation and financial inclusion of the under privileged masses. Continue reading


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Published by AAJ News on Saturday, June 21, 2014

BoP Zong  Inov8 Press ReleaseBOP, Zong and Inov8 signed an MOU to announce their partnership for digitizing government flows via the branchless channel.

Branchless Banking is the provision of financial services through neighborhood retail shops whereby the financial services are offered to the un-banked population at their doorsteps. This is a first of its kind arrangement wherein service providers with existing market experience are coming together to provide the services which are aimed at poverty alleviation and financial inclusion of the under privileged masses. Continue reading


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L to R: Mr. M. R. Mehkary, President Askari Bank, Mr. Qazi Muqtadir, Dep. Governor SBP, Mr. Zhang Jianxin, Chinese Consul General, Mr. Fan Yunjun, CEO Zong pressing the button for unveiling the TimePey brand.

(L to R: Mr. M. R. Mehkari, President Askari Bank, Mr. Qazi Muqtadir, Dep. Governor SBP, Mr. Zhang Jianxin, Chinese Consul General, Mr. Fan Yunjun, CEO Zong pressing the button for unveiling the TimePey brand.)

Inov8 – Official Release

Inov8 Limited is proud to announce the launch of Askari Bank and Zong’s ‘Timepey’, the largest mobile and branchless banking initiative in Pakistan, which is powered by Inov8 technology.

Inov8 Limited’s technology and consulting services have helped bring together the largest mobile and branchless banking initiative in Pakistan, where one of the strongest banks in the country, Askari Bank, has partnered with the largest mobile operator in the world, Zong (China Mobile Pakistan) to provide mobile financial services for the approximately 180 million people living in Pakistan. Continue reading


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Published by Sania Ameen on Vimeo, December 5, 2012

ZONG, the country’s fastest growing cellular network and Askari Bank Limited today announced the launch of ‘Timepey’, a technology-based branchless banking service that will make available a range of banking services to just about everyone, with remarkable convenience and efficiency. Aimed particularly at the over 90% Pakistanis who do not have bank accounts, Timepey is set to give a new meaning altogether to financial inclusion. Continue reading


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