ISLAMABAD: Pakistan Post Electronic Money Order (EMO) is the swift way to transfer money from one post office to other post office.
An official of Pakistan Post told that on the directive of federal minister for Postal Service Maulana Ameer Zaman Pakistan Post has formulated a comprehensive plan to improve delivery of services, embrace digital financial technologies and fast financial services. He said that mobile money solution and logistics projects are being launched in public private partnership mode.
Talking about EMO service, he said that the Riposte system is considered as the safe, affordable and accurate to transfer money in Pakistan among 83 General Post Offices (GPOs). “Currently, a number of postal administrations are using Riposte to deliver money order services around the world,” he said.
He said that the post offices using such system have not only reduced the overhead costs of running the services by removing the paper intensive aspects but also reduce frauds by using Riposte, adding that Riposte service is available at 83 GPOs of the country. He said that EMO is of two types i.e.: Post-to-Post and Post-to-doorstep.
Initially the EMO offers the window payment at the concerned GPO which is known as Post - to – Post.