Minister of State for Communications and Postal Services Murad Saeed on Tuesday launched the Electronic Money Order (EMO) service for speedy transfer of funds.
He inaugurated the EMO service in Islamabad through which money up to Rs50,000 can be transferred at very nominal charges ranging from Rs 50 to Rs 600.
Initially this service is being started at 93 General Post Offices across Pakistan and will be extended to other post offices later on.
The minister also launched same day delivery service of Pakistan Post in 25 major cities of the country.
The service will allow customers for quickly transferring money within the country.
Minister of State for Postal Services Murad Saeed has said government plans to digitalize the postal services for providing modern and fastest facilities to the consumers.
Talking to media, he maintained Pakistan Post is going towards e-commerce, rebranding, mobile money order and enhanced logistic facilities via network of 13, 000 post offices across the country.
He said Pakistan Post has a market of 80 billion rupees and it can tap its share with enhanced services and attractive packages.
This will help the department to not only overcome its current losses of 10 billion rupees, but also make it an earning institution, added the minister.
Murad Saeed urged media and general public to support the government in revamping the Pakistan Post.a