Mastercard has once again collaborated with foodpanda to boost digital payment in Pakistan and support the nation’s transition toward a cashless economy.
According to data from the State Bank of Pakistan, currency in circulation (CIC) in the country increased by 11.2% during the first half of 2024. The partnership introduces initiatives designed to encourage the use of digital payment methods over cash on delivery (COD).
By leveraging foodpanda’s extensive network, Mastercard will drive awareness and usage of secure, rewarding payment options for millions of consumers across the country.
Muhammad Nana, senior vice president, Digital Partnerships, Eastern Europe Middle East, and Africa region (EEMEA), Mastercard. said, “By combining our global expertise in seamless and secure payment technologies with foodpanda’s vast reach, we are making digital payments more accessible and convenient for consumers across the country.”
- Pakistan’s First PKR 3 Billion, AAA Rated, Green Sukuk for Telecom Sector Launched by InfraZamin Pakistan, Infralectric, DIB Pakistan Limited (Lead Arranger), Bank Alfalah Limited (Joint Lead Bank), and Meezan Bank Limited (Imports Bank)
- PTCL Signs Strategic Partnership Agreement with Indus Cloud to Deliver Huawei Cloud Stack in Pakistan
- BingX Brings SpaceX Pre-IPO Exposure On-Chain, Expanding Its Gateway to Future-Valued Assets
- Al-Ghazi Tractors Celebrates 600,000th Tractor
- Made in Pakistan: Spotify Marks 5 Years of Music Discovery and Homegrown Growth
