Lahore’s Gift to Telecom & Banking Zones – Mobile Wallet


United Bank Limited – as it progresses under the chairmanship of His Highness Shaikh Nahayan Mabarak Al Nahayan – has now the assets of over Rs. 300 billion and a solid track record of fourty six years – in addition to the convenience of over 1000 branches serving you throughout the country and also at several overseas locations.

UBL has been introducing different exquisite services that have helped, and is helping, people living inside Pakistan and Abroad (who send money to their loved ones back home) a great deal. I feel very proud in announcing that this application is developed by Techlogix – Lahore. I wonder if they are planning to expand this on a larger scale.

Note: I am not advertising/marketing the service for UBL or Techlogix at all, just found it interesting and thought to share it with all. Techlogix – that originated from Lahore – is now the leading software house of Pakistan.

Orion – the mobile wallet application is a one of the recent projects that have emerged to the consumer banking market. Orion revolutionizes the way you spend money. For too long your mobile phone has been a simple mode of communication, UBL is about to change that. UBL introduces yet another first-of-its-kind service in Pakistan; Orion is the “First Complete Mobile Payments Solution” ever to be launched in the country. This means that you can now buy, pay and share real money using the SMS facility on your mobile phone.

That’s right; it is now amazingly easy for you to buy your prepaid talk time minutes, view your utility bills and even pay them off through your mobile phone. With simply an SMS, you can now send and receive actual money from friends and family. For more info visit: UBL – Orion

To me its just a beginning. To begin with – Utility Bills, Prepaid Minutes and Balance Transfer – while there can be numerous other services that can be shared likewise. Hope to see more of such gifts keep coming our way and we don’t need to get any of our applications developed from ourside the country.

People working for different software houses may speak your thoughts as well as the ones who would just be interested in using this application on their little gadgets, what do you say? Would you be interested in using it? Yay or Nay? Is this idea looks Worthy OR Useless to you?

10 Comments so far

  1. aijaz (unregistered) on July 20th, 2007 @ 12:59 pm

    Can you find someone from inside techlogix or UBL to comment on actual technology? What it is and how it secures the transaction etc. This type of service is only recommendable if the tech-backing is strong.

  2. Rehan (unregistered) on July 20th, 2007 @ 1:28 pm

    WOW! This is a great advancement. But you have to be extremely careful with your mobile phone as many things can happen.
    1: You have to delete every sms related to the transaction every time.
    2: You have to keep mobile safe from children in general and specially thieves. There is more chance of mobile snatching if you are making paymets at a shop using this technique.
    3: You have to keep an eye on your balance and track the record of your every transaction.
    4: There is a chance of Fake sms or Mobile Fraud as well.

    Some other question also arise…But I hope in the end everything can be managed in a better and efficient way by using this “Mobile Wallet”.

    In the end I would suggest that anyone would be interested in using it after it has gain much popularity and acceptance. Which is the job of sales and marketing department of UBL. However, the idea looks very much Worthy to me.

  3. Burhan Rasool (unregistered) on July 20th, 2007 @ 4:44 pm

    wow…fit Idea… chalay ga … dorray ga..
    Guyz @ amaana (pvt) limited have been developing similar kind of product ( but without any collaboration (with a bank or an exchange company)… but this one from UBL-Techlogix seems a cool idea.

    Market positioning kamal ki hai.
    Best of Luck.

    sahics 01

  4. Opee (unregistered) on July 20th, 2007 @ 5:11 pm

    @Burhan: At last some technical guy has forwarded his thoughts on the product. I beleive you’re from FAST-Lahore (Sahics) (No/Yes?).

  5. Opee (unregistered) on July 20th, 2007 @ 5:14 pm

    As far as the security of the system is concerned. I am sure techlogix would have used latest SSL certificates for windows mobiles. I’m not sure what would it be in case of Symbian. But it will be surely a system which is secure and upto the standards that banking system needs. Could it be AES that is available for SSL channel encryption in 128 and 256 bit cipher. I am not sure. But I believe it is secure enough for me not to worry about that bit!

    Furthermore, Your Orion account is specially designed for safe and secure mobile transactions. Every payment is authorized by a security PIN that only you know. You will receive confirmation calls only from an Orion number so that you can authenticate the source of the call and distinguish it from unknown callers. This means that in any circumstances only you can make payments from your mobile phone. What’s more is that you can be sure that your transactions will be processed instantly.

  6. sadya (unregistered) on July 20th, 2007 @ 8:21 pm

    By the way has any one of you registered with Orion , if not then do so right now! visit their website

    the trial period is absolutely free , so one shud try regsitering just for the prodcut experience…

  7. >man!< (unregistered) on July 21st, 2007 @ 2:28 am

    Actually I was waiting for such service..

  8. aijaz (unregistered) on July 22nd, 2007 @ 4:13 am

    I think t would still require an insider comment. SSL has nothing to do in this transaction as per my knowledge. I dont know how secure is an SMS but more important is PIN transfer from phone to the server which MUST be secure. The second question might be how powerful is IVR system running at UBL side to respond to many concurrent calls, or the customers have to wait like they wait in their calls to service centers.
    Their website doesnt care about telling these things either or at least I couldnt find such info over there.

  9. Salman Qureshi (unregistered) on July 22nd, 2007 @ 12:35 pm

    @Aijaz: One thing that I do know of is that they link your account with a particular Cell phone number of yours, so even if you have someone sniffing in on your transactions and acquiring your PIN he/she/neutral wouldn’t be able to do anything until he/she/neutral steals your phone.

    In that case dont forget to call up ur service provider and get your number blocked.

  10. ismail (unregistered) on August 6th, 2007 @ 11:54 am


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