Ufacash: Empowering Financial Inclusion in Pakistan

Ufacash is a comprehensive digital financial service offered by U Microfinance Bank (U Bank), a wholly owned subsidiary of Pakistan ufacash Company Limited (PTCL). With a presence in over 210 cities and rural areas across Pakistan, U Bank aims to provide accessible and inclusive banking solutions to underserved communities.​

What Is Ufacash?

Ufacash is a suite of mobile and branchless banking services designed to facilitate everyday financial transactions without the need for a traditional bank account. Operating under the U Paisa brand in collaboration with Ufone, Ufacash enables users to perform a variety of financial activities through their mobile phones or at agent locations nationwide.​LinkedIn+6ubank.com.pk+6ubank.com.pk+6

Key Features and Services

1. Asaan Mobile Account (AMA)

The Asaan Mobile Account is a wallet account accessible via mobile phones, allowing users to:

• Check balances and view mini-statements
• Transfer funds between wallets and to bank accounts
• Pay utility bills and recharge mobile balances
• Register by dialing *2262# from any mobile network​Log in or sign up to view+5ubank.com.pk+5Log in or sign up to view+5ubank.com.pk+1ubank.com.pk+1Log in or sign up to view+1ubank.com.pk+1

This service is particularly beneficial for individuals without internet access, offering a convenient way to manage finances securely. ​ubank.com.pk

2. Home Remittance Wallet Account (HRA)

The HRA allows recipients of international remittances to receive funds directly into their Ufacash wallet. Features include:

• Higher transaction limits and no fees for receiving funds
• 24/7 cash withdrawal facilities through ATMs
• Access to over 40,000 agent locations for cash-out
• Easy registration with a valid CNIC and a Ufone registered mobile number ​Log in or sign up to view+4ubank.com.pk+4ubank.com.pk+4ubank.com.pk+3LinkedIn+3ubank.com.pk+3

3. Bill Payments and Mobile Top-ups

Ufacash enables users to pay utility bills and top up mobile balances conveniently through their mobile phones or at agent locations, streamlining everyday financial tasks.​

4. International Remittance Collection

Through U Bank’s Cash-over-the-Counter service, beneficiaries can collect international remittances at any U Bank branch on the same day, even without a bank account. This free service is part of the Pakistan Remittance Initiative (PRI) to facilitate remittance inflows. ​ubank.com.pk+9ubank.com.pk+9ubank.com.pk+9

Commitment to Financial Inclusion

U Bank is dedicated to advancing financial inclusion in Pakistan, aligning with the National Financial Inclusion Strategy 2020, which aims to bring 50% of Pakistan’s adult population into the banking net. By offering accessible financial services like Ufacash, U Bank plays a pivotal role in empowering underserved communities and promoting economic participation. ​ubank.com.pk+1LinkedIn+1

How to Get Started

To begin using Ufacash services:

1. Dial *2262# to register for the Asaan Mobile Account.
2. Visit any U Bank branch with your CNIC and Ufone registered mobile number to open a Home Remittance Wallet Account.
3. For international remittance collection, visit a U Bank branch with your CNIC.​ubank.com.pk+3ubank.com.pk+3Log in or sign up to view+3ubank.com.pk+3ubank.com.pk+3ubank.com.pk+3

For more information or assistance, contact U Bank’s 24/7 helpline at 051-111-282-265 or email complaints@ubank.com.pk. ​ubank.com.pk+1ubank.com.pk+1

Ufacash stands as a testament to U Bank’s commitment to providing innovative and inclusive financial solutions, ensuring that banking services are within reach for all Pakistanis.​