ISLAMABAD – Askari Bank and ZONG have entered into a joint venture to launch branchless banking services in the country, says a press release. Askari Bank in collaboration with Zong has become one of the leading Bank to offer branchless banking services under “Bank Telco” JV arrangement.

The service is now offering conventional banking services currently salary disbursement for large-scale organizations and account to account transfer through mobile channel. The service is powered by Inov8 which is one of the leading technology companies in Pakistan and one of the first to provide mobile commerce service in the country.