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 158,313.45
348.26M
2.82%
4347.08
ALLSHR 94,665.78
608.29M
2.55%
2350.15
KSE30 48,079.56
150.27M
2.96%
1383.03
KMI30 229,679.86
136.21M
3.32%
7386.98
KMIALLSHR 61,793.47
317.51M
2.97%
1784.00
BKTi 43,251.31
41.61M
3.03%
1273.29
OGTi 33,013.13
14.41M
2.67%
858.90
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 71,470.00 71,575.00
70,175.00
2115.00
3.05%
BRENT CRUDE 99.26 100.90
97.15
-5.23
-5.01%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00
-10.10
-9.22%
ROTTERDAM COAL MONTHLY 118.45 118.45
118.45
0.30
0.25%
USD RBD PALM OLEIN 1,083.50 1,083.50
1,083.50
0.00
0.00%
CRUDE OIL - WTI 87.79 89.57
86.59
-4.56
-4.94%
SUGAR #11 WORLD 15.42 15.83
15.32
-0.46
-2.90%

Chart of the Day


Latest News
March 25, 2026 at 03:54 PM GMT+05:00

PKR remains nearly flat vs USD


March 25, 2026 at 03:21 PM GMT+05:00

SBP to buyback Rs1tr in MTB, PFL securities


March 25, 2026 at 02:28 PM GMT+05:00

Gold price in Pakistan rises Rs15,200 per tola



Top 5 things to watch in this week

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