Senator Aurangzeb, Mastercard explore digital payments cooperation

Finance Minister Muhammad Aurangzeb and Mastercard representatives discussed cooperation on digital payments, financial inclusion and cybersecurity, according to Mettis Global. The meeting included Mark Elliott, Mastercard’s East Arabia division president, alongside the company’s Pakistan and Afghanistan country manager and public-sector director.

Aurangzeb said the government wants broader use of digital payments and improved access to financial services, while emphasizing protection against cyber threats and fraud. The talks also addressed payment infrastructure, cross-border remittances and digital services for agriculture, small and medium enterprises, and communities with limited access to finance. Mastercard said it was interested in contributing its technology and international experience to Pakistan’s digital transformation, and both sides agreed to continue exploring areas for collaboration.