Under the agreement, Rawbank clients can access banking services on their mobile phones via text messages. They receive a text notification on their mobile phones every time their accounts are credited or debited. Also, the bank has introduced prepaid cards that enable small businesses and individuals to pay bills and purchase goods.
In recent news, Pakistan-based mobile commerce services provider Monet has selected IBM for the latter’s cloud-based offering that will enable the company to enhance service efficiency and extend its presence across Pakistan.
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