Zong, a China mobile company and Pakistan’s fastest growing telecom network, and Askari Bank Limited, recently reached an agreement with FDMA to utilize its mobile cash transfer service “Timepey”, to assist the Government’s electronic cash Disbursement to the Displaced Person (DPs) of Northern Waziristan. The scheme was launched by His Excellency SardarMehtab Ahmed Khan, Governor, Khyber Pakthunkhwa (KPK) during a ceremony held at the KPK house, which was attended by officials from Zong, Askari Bank and FDMA. Under the program, 25,000 Zong SIMs are being provided to the registered DPs. Zong SIMs shall now be utilized to distribute Prime Minister’s relief package through Zong and Askari’sTimepeyBranchless Banking service ensuring transparency and efficiency in the process. Under this relief package, every dislocated family will be given cash disbursement allowance ofRs.25, 000 -37,000 in the first month, i.e., July 2014. The DPs are being registered at make shift camps by NADRA and are then been given free of cost Zong SIMs. Funds are disbursed on the basis of data verified by FDMA. The first batch of bulk disbursement of the relief package was executed on 11th July.
TIMEPEY a product of Zong and Askari Bank facilitates KP govt in distributing funds to IDPs
