Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met a Mastercard delegation led by Mark Elliott, Division President for East Arabia, to discuss cooperation in digital payments, financial inclusion and cybersecurity as Pakistan continues its efforts to promote a cashless economy.
During the meeting, Aurangzeb highlighted the government’s commitment to expanding digital financial services, improving transparency and increasing access to banking facilities. He emphasized the role of digital payments in supporting agriculture, small and medium enterprises (SMEs) and underserved communities under the Prime Minister’s cashless economy initiative.
Both sides also discussed strengthening digital payment infrastructure, improving cross-border remittances and enhancing cybersecurity and fraud prevention. Mark Elliott reaffirmed Mastercard’s long-term commitment to Pakistan and expressed interest in supporting the country’s digital transformation through its global expertise and technology.
The Finance Minister welcomed Mastercard’s continued engagement and emphasized the importance of public-private partnerships in developing Pakistan’s digital economy. Both sides agreed to maintain engagement and explore further opportunities for cooperation.
