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Mobile Banking Policy Directive From IT Ministry

June 3rd, 2008 Aimon · No Comments

Source: State of telecom Industry in Pakistan

I heard about this at TGP and followed a chain of obscure links to get to the pdf version of the Mobile Banking (including Money Transfers and Remittances) policy directive issued by Mr. Baqai, member (telecom). The five page document defines the main concepts and lays down the ground rules for technical implementation of banking applications on mobile devices (see a sample excerpt below). The policy directive seems to be a formality as it does not contain enough details. How does this change things for all the companies who already are active in mobile banking?

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