Dubai / Karachi – October 21, 2024: JazzCash, the fintech arm of Pakistan’s leading digital operator Jazz, a VEON Group company, has received the ‘Pioneering Telco to Launch Tap on Phone’ award at the Mastercard Payment Leaders Awards. The ceremony was held on the sidelines of the Mastercard EDGE 2024 event in Dubai.
The award recognizes JazzCash’s innovative approach, the first of its kind globally, allowing over 350,000 merchants and businesses to accept payments from contactless cards or smartphones with a simple tap on an NFC-enabled Android device. Through its digital front-end partnership with Mastercard, JazzCash wallets can also directly tap and make digital payments with any contactless device.
The acceptance partnership also lays the groundwork for JazzCash to introduce future use cases as Mastercard brings new solutions to market. The innovation-driven collaboration will further fuel the development of a seamless and secure digital commerce sector for Pakistan.
J.K. Khalil, Division President for East Arabia at Mastercard, presented the award to Aamir Ibrahim, CEO of Jazz and Chairman of Mobilink Microfinance Bank. Speaking at the event, Aamir Ibrahim said: “This recognition by Mastercard is a testament to our relentless pursuit of innovation and our commitment to making financial services accessible for all. Tap Pay is not just a feature; it’s a key part of our efforts to cultivate a more inclusive, cashless society and a documented economy. We will continue to lead the way in transforming Pakistan’s financial services landscape and paving the way for the widespread adoption of digital payments.
