A large number of customers are likely to be attracted towards mobile-banking by mobile
operators and banks with liberal, secure and innovative products and services through Mobile Payment
Service Providers (MPSP).
The primary approach is to encourage multiple mobile banking services to MPSP as opposed to One-to-One
payment system or one bank one operator. Therefore, there will be opportunities to design multiple money
transfer saving and financing services to customers.
The introduction of third party payment networks also known as MPSP (Mobile Payment Service Providers)
would be of immense advantage since these third party payment handing agents can work with many
providers, rather than the closed networks, Dr Muhammad Yaseen, Chairman Pakistan Telecommunication
Authority (PTA) said in its authored article on his blog.
