Pension funds directly to your mobile phone via eZ Cash

12 February 2016 12:00 am - 0     - {{hitsCtrl.values.hits}}

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Dialog Axiata PLC Group Chief Executive Dr. Hans Wijayasuriya (left) handing over the partnership agreement to Pensions Department Director General S.S. Hettiarachchi in the presence of Public Administration and Management Ministry Secretary J. Dadallage (second right), Public Administration and Management Minister Ranjith Maddumabandara (centre) and Public Service Department Malaysia Senior Deputy Director Ool Goan Lee (right)

 

 

Pensioners across Sri Lanka can now receive their monthly pension disbursements directly to their mobile wallet, following an innovative partnership between the country’s largest mobile money network, eZ Cash and the Pensions Department.


The groundbreaking partnership empowers any pensioner connected to the Dialog, Etisalat or Hutch mobile networks to receive a self-defined portion of their pension to their mobile phone.


Pensioners from across Sri Lanka can now enable this service by submitting the relevant authorisation documents to the Pensions Department. The pensioner is empowered to request up to Rs.25,000 from their pension to be remitted instantly to their eZ Cash account. 


With eZ Cash, pensioners using a Dialog, Etisalat or Hutch mobile can pay utility bills, insurance premiums, make institutional payments and much more directly from their mobile phone. In addition to carrying out payments via their mobile phone, pensioners can withdraw the instant disbursement in part or full from over 16,000 eZ Cash merchants across Sri Lanka or send money to any other eZ Cash subscriber.  


The wide portfolio of eZ Cash services can be accessed via the eZ Cash app for Android and Apple devices or via a simple menu available in trilingual format by dialling #111#. Last year, eZ Cash secured international fame for Sri Lanka’s mobile payment industry winning the Global Mobile Award for the Best Mobile Money Service at the GSMA Mobile World Congress. eZ Cash has the distinction of being Sri Lanka’s pioneering and largest licensed mobile money service under the Central Bank of Sri Lanka under the aegis of the Payments and Settlements Act No. 28 of 2005.


Pensions Department Director General Sunil Hettiarachchi said, “The Pensions Department is pleased to partner with reputed mobile money service, eZ cash, in what is a groundbreaking partnership to offer greater convenience and ease to our retired civil servants. Our objective is to remove the paperwork and hassle involved to beneficiaries when obtaining their payments and this innovative partnership with eZ Cash will pave the way for a new future and possibilities for pensioners and the department alike.”


Dialog Axiata PLC Vice-President Digital Services Fariq Cader said, “Through this partnership with the Pensions Department, retired members of Sri Lanka’s state sector who have delivered a yeoman service to our country will be greatly empowered with respect to gaining instant access to their pensions.


Together with the Pensions Department we have designed a dedicated and flexible solution that will deliver greater convenience and ease with respect to the receipt and use of pension disbursements. Mobile money services present the future in payment technology, as they are secure and easy to use and the ability to make utility and other payments directly from the mobile makes eZ Cash a very relevant and life-enhancing solution.” 

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