Pakistan Post offers EMO service to transfer money

News Image

MG News | March 19, 2020 at 12:37 PM GMT+05:00

0:00

Mar 19, 2020: Pakistan Post is offering Pakistan Post Electronic Money Order (EMO) service which is known as post to doorstep, adding that these EMOs was paid at doorstep of the recipient.

An official told APP on Thursday that now (EMO) service is the swift way to transfer money from one post office to other post office.

“An EMO exceeding Rs.50,000 will not be paid to the payee at his door step in any case but payment will have to be collected by him from the window of the designated EMO Payment Office”, he said.

The official said that Pakistan Post was using Riposte system which was considered as the safe, affordable and accurate to transfer money among 83 General Post Offices (GPOs).

He said that currently, a number of postal administrations are using Riposte to deliver money order services around the world.

“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”, he added.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 156,177.82
367.85M
-0.00%
-3.12
ALLSHR 95,630.38
1,498.37M
-0.06%
-60.44
KSE30 47,678.47
206.79M
-0.08%
-35.92
KMI30 229,682.22
174.86M
-0.02%
-39.87
KMIALLSHR 64,366.76
638.47M
-0.08%
-53.31
BKTi 41,922.80
89.51M
-0.11%
-46.72
OGTi 31,735.79
16.87M
-0.80%
-255.97
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 115,860.00 117,685.00
114,850.00
-1230.00
-1.05%
BRENT CRUDE 67.93 68.59
67.62
-0.54
-0.79%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-0.40
-0.47%
ROTTERDAM COAL MONTHLY 93.50 93.50
93.50
0.15
0.16%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 63.97 64.67
63.69
-0.55
-0.85%
SUGAR #11 WORLD 16.23 16.59
16.23
-0.33
-1.99%

Chart of the Day


Latest News
September 18, 2025 at 12:19 AM GMT+05:00

Pakistan, Saudi Arabia sign Strategic Mutual Defense Agreement


September 17, 2025 at 11:55 PM GMT+05:00

Fed delivers 25 basis-point rate cut


September 17, 2025 at 05:37 PM GMT+05:00

Auction Result: Govt raises Rs201bn through T-bills


September 17, 2025 at 04:59 PM GMT+05:00

Hala Enterprises to increase weaving capacity by 75%


September 17, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: Flatlined but Holding On



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg