PTA Decides to Hire Consultant for Mobile Financial Services in Pakistan
Pakistan Telecommunication Authority (PTA) has decided to hire a consultancy firm/consultant to carry out a study of Mobile Financial Services in Pakistan covering technical, legal, and financial aspects, etc viz-a-viz international best practices in the implementation of mobile financial services.
Ministry of Information Technology and Telecom (MoIT&T) issued a “Policy Directive to Support Technical Implementation of Mobile Banking including Mobile Money Transfers and Remittances” on 20th May 2008, wherein PTA was required to implement a framework for telecommunication sector development for reaching out with m-banking services through regulations to be framed by PTA as per details provided in the aforesaid directive.