Mobile services: MCB Bank and Nokia sign agreement

KARACHI: MCB Bank Limited and Nokia Finland announced that they have reached a historic cooperation agreement for the development and extension of financial services to millions of mobile phone users. This is the first time that a leading financial institution has partnered with a leading handset manufacturer and mobile solutions company to offer low cost financial services. Nokia  will enable MCB-mobile money customers to not only have compelling user experiences on Nokia handsets right out of the box through a preloaded money client, but also by  making available downloadable ‘Money’ clients for MCB branchless banking customers. The timelines for the launch of Nokia Money with MCB will be announced later.

Published in The Express Tribune, July 13^th, 2011.