VRG, through its technical expertise, has embarked on enabling MMBL’s USSD channels, allowing MMBLs customers to use banking services 24/7 on their phones, that do not have 3G, 4G, WiFi, or Internet connections. With the help of USSD Channels, MMBL’s non-smartphone users will be able to check their bank balance, bank statement, transfer funds, pay utility bills, and recharge their mobile phone accounts without data or internet connection. The initiative will initially be piloted for a month’s period, followed by a commercial launch in January 2022. Chief Finance & Digital Officer MMBL, Sardar Mohammad Abubakr said, “MMBL is dedicated to uplift the unbanked and underserved segments, particularly SMEs and women-led businesses, by providing them access to financial services through its expansive digital financial ecosystem. Through this partnership, we strive to accelerate further growth by merging USSD Channels with our tailored products and services that will not only enable individuals at a wider scale but will give them a chance to contribute positively to Pakistan’s digital financial ecosystem as well.” Speaking at the occasion, Muhammad Salman Ali, CEO VRG said, “Customer centricity is at the heart of banking and this collaboration is a significant step towards digital banking making its impact bigger on customer experience across business segments. Providing Unified USSD service to access banking will not only enhance the customer experience but also augment MMBL’s digital footprint to reach customers who were previously out of the digital banking net.” Mobilink Microfinance Bank is committed to leading digital banking initiatives across the country. The bank is promoting financial inclusion by providing innovative, convenient, and accessible digital financial solutions to the masses.
