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The Mastercard Economics Institute’s Economic Outlook for 2023: What the ‘multi-speed’ global economy means KARACHI ( Web News ) The Mastercard Economics Institute released their annual forecast for the coming year which shows how a new multi-speed global economy will impact growth and consumer spending behavior. A multi-speed global economyRead More →

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ISLAMABAD (WEB NEWS) Mastercard has joined forces with its strategic partner, foodpanda Pakistan – a subsidiary of Delivery Hero – in a campaign supporting its longstanding humanitarian partner WFP. As part of the campaign, for every foodpanda app transaction made by customers in Pakistan using their Mastercard, a donation willRead More →

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World record set with game played at 20,230 ft (6166.1 m) in zero gravity by football legend Luis Figo and a team of football heroes from across the globe Mastercard’s new GUINNESS WORLD RECORDS™ title recognizes the world’s most popular sport as a celebration of the human spirit, igniting passionRead More →

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Mastercard New Payments Index 2022: Consumers in Pakistan embrace digital payments 89% of consumers in Pakistan have used at least one emerging payment method in the last year, with usage expected to increase further Adoption of biometrics, Buy Now Pay Later (BNPL), open banking and account-to-account payments are anticipated to continueRead More →

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KARACHI ( Web News ) Mastercard has announced a strategic partnership with Bank Alfalah, which will see the bank’s online payment gateway infrastructure accept a wider array of cards, including the ability to make China Union Pay online payments in the market for the first time. The technology leader willRead More →

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ISLAMABAD ( Web News ) Mastercard has reaffirmed its commitment to the GCC and wider region through the appointment of Mastercard veteran J.K. Khalil to lead its operations across the MENA East Cluster in his new role as Cluster General Manager. In his new role, Khalil is responsible for theRead More →

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KARACHI ( Web News ) Mastercard and fintech giant OPay today announced a strategic partnership, which marks a significant boost for wider financial inclusion and economic prosperity by opening up digital commerce to millions of people across Middle East and Africa region including Algeria, Morocco, Egypt, Nigeria, Ethiopia, Kenya, Pakistan,Read More →

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Mastercard partners with Ravi Urban Development Authority to build cashless economic zone  Collaboration will simplify everyday payments for RUDA residents and drive transformation across Pakistan  KARACHI ( Web News ) Mastercard has signed a strategic partnership with the Pakistan’s Ravi Urban Development Authority (RUDA) to transform the community into aRead More →

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Mastercard realigns international operations and further evolves, expands and enhances presence across Middle East, Africa and Eastern Europe Middle East and Africa (MEA) region expanded to Eastern Europe, Middle East and Africa (EEMEA), covering 81 of the 210 markets where Mastercard operates globally Raghu Malhotra, current President for the MiddleRead More →

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Mastercard partners with LMKR to build Pakistan’s first open-loop transit solution and simplify the commuter experience  Partnership builds on Mastercard’s ongoing efforts to drive digital transformation across Pakistan KARACHI ( Web News ) Mastercard has announced a strategic partnership with LMK Resources Pakistan (Private) Limited (LMKR) to oversee the deploymentRead More →

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Mastercard Payment Gateway Services (MPGS) will integrate into new road toll smartphone app Lahore ( Web News ) Mastercard has signed a strategic partnership with the Pakistani intelligent transport systems provider, One Network, to digitize the country’s road toll payments network. The announcement was signed at the Pakistan Pavilion atRead More →

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JazzCash and Mastercard Introduce New Solutions to Transform Pakistan’s Digital Payment Ecosystem ISLAMABAD ( Web News ) Pakistan’s leading fintech JazzCash, in collaboration with Mastercard, is strengthening the country’s digital payments ecosystem. JazzCash users will now be able to apply for a physical or virtual Mastercard Debit Card and make paymentsRead More →