Pakistan holds talks with Mastercard delegation on digital payments

Finance Minister Senator Muhammad Aurangzeb met a Mastercard delegation led by Mark Elliott, Division President for East Arabia, in Islamabad to discuss cooperation in digital payments, financial inclusion and cybersecurity.

During the meeting, Aurangzeb highlighted the government's efforts to promote a cashless economy through wider access to digital financial services.

He stressed the importance of these solutions for agriculture, small businesses and underserved communities.

The discussions also focused on improving cross-border remittances, expanding digital payment infrastructure and strengthening cybersecurity measures to prevent fraud.

The minister said secure financial systems were essential for building a reliable digital economy.

Mark Elliott reaffirmed Mastercard's commitment to Pakistan and expressed interest in supporting the country's digital transformation through technology and expertise.

Both sides agreed to explore further cooperation in digital payments, remittances and financial inclusion.