KARACHI: Fintech platform JazzCash has partnered with MasterCard to introduce “Tap and Pay” facility and wallet tokenization for the first time in Pakistan.
After this partnership, Jazcash will become the first mobile wallet in Pakistan to introduce these services.
Aamir Aftab, Chief Product Officer, Jazz Cash, said, “We are delighted to introduce this kind of technology in Pakistan to provide a secure and convenient payment solution to our customers.
MasterCard’s DFE is a state-of-the-art plug-and-play mobile application-based platform that is instrumental in ensuring the delivery of this unique service. JazzCash will incorporate this technology into its platform to introduce wallet tokenization in Pakistan.
Speaking at the signing ceremony, MENA East MasterCard Cluster General Manager JK Khalil said that this partnership is an important milestone towards innovation in digital payments.
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