JazzCash Strengthen Pakistan’s Payments System with Mastercard Partnership

 JazzCash Strengthen Pakistan’s Payments System with Mastercard Partnership

JazzCash is Pakistan’s Leading Digital Wallet with more than 7 Million Customers and Merchants across the Country. Recently, in order to enhance the Payments Ecosystem in Pakistan, JazzCash Announced to Partner Up with Mastercard. JazzCash Strengthen Pakistan’s Payments System with Mastercard Partnership.

The partnership enables merchants throughout Pakistan to accept digital payments from customers, digitize their supply chain, and move to cashless operations.

In a first for Pakistan, merchants and consumers who sign up for JazzCash wallet will be able to benefit from a wide range of Mastercard’s digital solutions and capabilities to pay for orders and services via all digital channels as well as make online payments in a fast, safe and convenient manner.

JazzCash Strengthen Pakistan’s Payments System with Mastercard Partnership

However, the Partnership is made to improve financial inclusion during COVID-19 pandemic to avoid further troubles for the people making online payments through JazzCash Wallet, or transferring funds to their loved ones!

Elias Yazbeck, Head of JazzCash, said:

“Our partnership with Mastercard will provide merchants and customers in Pakistan with more options to safely and efficiently make digital payments at a time when this is crucially important during the COVID-19 pandemic. Longer-term, I’m confident that our partnership will improve Pakistan’s much-needed financial inclusion targets and contribute to the development of a digitally integrated economy.”

Magdy Hassan, Mastercard’s General Manager for Egypt & Pakistan, said:

“Pakistan is ramping up its technological infrastructure and digitization efforts. We are therefore pleased to collaborate with JazzCash to drive digital transformation initiatives and reduce the use of cash across the country. We are confident that this partnership will not only provide customers with a much simpler, faster, and safer way of making payments but that it will also equip them with the necessary tools for a newer and revitalized digital economy, advancing financial and economic inclusion across the region.”

JazzCash customers will also have access to Mastercard’s virtual and branded debit cards that can be used in 55,000 points of sale and ATMs in Pakistan, in addition to JazzCash merchants and e-commerce sites.

Also Read: Jazz Pledges PKR 1.2 Billion Support Towards Covid19 Relief Efforts

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Usama Tahir

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