Ufone launched UPaisa to offer comfort to its customers. This service was developed in partnership with U Microfinance Bank Ltd. It will be available to both rural and urban residents. You can conveniently make financial transactions using your UPaisa mobile account or at any UPaisa store.
Ufone works according to its logo”Tum Hi Tou Ho” Ufone now offers its customers the UPaisa Account Service. UPaisa refers to an online banking service that is designed for Ufone customers’ convenience and comfort.
In today’s society, people are expected to complete multiple assignments within a short time. They preferred simple and straightforward ways of managing their time. Ufone’s UPaisa has proven to be a time-saver. Ufone users will find a multitude of amazing features in this service.
UPaisa started offering branchless banking services with the support of Ufone, UBank, and UBank in 2013. Ufone customers are now able to pay their bills, recharge, make transactions, and many other things from the comfort of home. Ufone UPaisa means that you don’t have to suffer any pain.
Ufone customers can access this service from their homes, Ufone franchises, UBank branches, and retail stores in Pakistan.
Services provided by UPaisa Account
Ufone UPaisa provided many exceptional services to its customers. These are listed below.
Ufone customers can pay their energy bills conveniently from their home with UPaisa
UPaisa can be used to transfer money from one person or another. Your CNIC and the recipient’s mobile phone number are required.
If both the sender and receiver have a UPaisa Account, you can now transfer money from your mobile account to another mobile account.
If the receiver does not have an account on UPaisa, you can send money to CNIC using your account.
You can also transfer money from a CNIC account into a mobile version if the sender does not have a Mobile Account.
Ufone UPaisa allows you to donate money to anyone you choose.
UPaisa also offers Inter-Bank Funds Transfer (IBFT) services.
Thanks to your UPaisa account, online shopping is now only a click away.
You can use a UPaisa account to load the phone numbers of a family member or your own for an emergency.
You can deposit money to your mobile account using UPaisa
They can also borrow money from your mobile bank account.
How do I open a UPaisa account?
UPaisa, an online banking system for Ufone customers, is available. To access all services offered by Ufone UPaisa, users must have a UPaisa Account. These are the minimum requirements to open an account at UPaisa.
Opening a UPaisa Account
Here are some examples:
You will need a Ufone SIM card.
Original CNIC
Opening a UPaisa account
First, create an account to take advantage of the UPaisa benefits. These are the steps you need to follow in order to open an account at UPaisa.
People can now create a UPaisa Account using the My Ufone app from their home. These are the five steps you need to follow:
Install the My Ufone App for Android and iOS.
Sign up for the My Ufone App
You can tap on the bill to pay it.
Click the Create UPaisaAccount button to create a UPaisa profile.
Accept the Terms and Conditions and agree to them.
To activate your account, dial 777 and you will be good to go.
Dial *786# using a Ufone SIM Card.
You will need to read the statement and then type 1, in the room provided, and hit submit.
Next, enter the CNIC and the issuance date. Click the Send button.
You can now use your account.
Open a UPaisa account with App
The My Ufone app allows people to create a UPaisa Account from anywhere they are located. These are the five steps you need to follow:
Install the My Ufone App for Android and iOS.
Sign up for the My Ufone App
You can tap on the bill to pay it.
Click the Create UPaisaAccount button to create a UPaisa profile.
Accept the Terms and Conditions and agree to them.
To activate your account, dial 777 and you will be good to go.
With a UPaisa account, you can transfer money to anyone.
It’s a competitive age, and the pandemic is creating a serious and worrying situation worldwide. Ufone and other cell networks are trying to offer comfort to their subscribers through their soothing offerings.
Ufone provided a unique opportunity for its customers in the wake of the universe’s disaster. Ufone and UPaisa accounts allow you to transfer money with no fees. Ufone customers are now able to trade openly.
Ufone takes this deal to the next level of excellence. This free transaction requires a mobile wallet account. The State Bank of Pakistan issued an order to eliminate all fees for money transfers from mobile phones to bank accounts. This move will make money transfers free of charge for Ufone customers.
Ufone customers are encouraged to use the free money transfer to make online transactions without any stress or pressure. Secure money transfers are possible from UPaisa mobile wallet account due to the insecure environment outside of the home.
The fundamental purpose of a Ufone UPaisa account is to provide financial security for all your financial needs such as money deposits and bill payments.
If you are a Ufone SIM holder and don’t have a UPaisa Wallet account, but still want to use UPaisa services, dial *786# using your Ufone SIM.
Terms and conditions for UPaisa accounts
Maximum amount you can transfer each day is 25,000 Rupees This limit is set at 40,000 rupees per month.
If you have questions about fraudulent transactions made through your account, dial 777 or call 111-282-265. As a reward, you would donate to Ufone. U Microfinance Bank Limited clarified that Ufone is there to compensate for your absence.
The transaction’s annual limit has been set at 2,00,000.
These restrictions may be lifted at any time.
If the account is not used for six months, it will be closed.
You cannot share your UPaisa account rights without U Microfinance Bank Limited’s consent.
Ufone will submit any balance that has not been used for more than ten consecutive years to Pakistan’s State Bank. The account manager will then contact his bank to request the money from State Bank.
Before changing your mobile number, you must close your Ufone account.
Conclusion
This move is intended to encourage people to shop online rather than leave their homes. This will eliminate the need to go to the bank and will ensure security. Customers’ basic financial services demands, such as withdrawals, money transfers, bill payments, telephone top-ups, ATM cards, and payments for a range of services, are addressed by praise.