JazzCash, the fintech division of Pakistan’s premier digital operator Jazz and part of VEON Group, recently received the ‘Pioneering Telco to Launch Tap on Phone’ award at the Mastercard Payment Leaders Awards during the Mastercard EDGE 2024 event in Dubai.
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This award highlights JazzCash’s groundbreaking solution enabling over 350,000 merchants and businesses across Pakistan to accept payments from contactless cards or smartphones with a tap on NFC-enabled Android devices. This initiative, a first on a global scale, represents JazzCash’s innovative approach to expanding financial accessibility.
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Through its collaboration with Mastercard, JazzCash wallets now allow users to tap and pay with any contactless device, creating a more seamless digital payment experience. This acceptance partnership sets the foundation for introducing future use cases, as Mastercard plans to bring new solutions to the market.
At the event, Aamir Ibrahim, CEO of Jazz and Chairman of Mobilink Microfinance Bank, emphasized the company’s mission to create an inclusive, cashless society. He noted, “Tap Pay isn’t just a feature—it’s central to our goal of transforming Pakistan’s financial services landscape and promoting the adoption of digital payments.”
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