Islamabad 51
  • Home
  • Latest
  • City
  • National
  • International
  • Education
  • Sports
  • Tech
  • Showbiz
  • Privacy Policy
  • Contact Us
  • About Us
No Result
View All Result
  • Home
  • Latest
  • City
  • National
  • International
  • Education
  • Sports
  • Tech
  • Showbiz
  • Privacy Policy
  • Contact Us
  • About Us
No Result
View All Result
Islamabad 51
No Result
View All Result
Home Latest

UPaisa, Mastercard launch new debit card to boost digital payments in Pakistan

News Desk by News Desk
May 13, 2025
in Latest, Tech
0
Mastercard & UPaisa in Pakistan
Share on FacebookShare on Twitter

ISLAMABAD: UPaisa and Mastercard, a digital and financial application offered by U Microfinance Bank and Ufone 4G, have introduced a new physical and virtual debit card, enhancing Pakistan’s digital payments ecosystem.

As per tech media report, the new co-branded physical and virtual card will let UPaisa wallet users safely shop online, make purchases in stores, and withdraw cash from ATMs in Pakistan.

Report says, Consumers can now shop online easily and safely with over 7,500 online stores in Pakistan and anywhere Mastercard is accepted around the world.

More Insights: Explore Related Stories

Lahore Zoo now managed by govt after contract with private company ends

Govt sets deadline to wind up Utility Stores nationwide

Karachi: 10 heritage buildings among 44 vacated for demolition

Sindh announces Rs100 million to host Asia Cup wheelchair cricket

Additionally, consumers can use over 120,000 in-store POS machines and withdraw cash from more than 18,000 ATMs across the country.

UPaisa wallet users can also benefit from enhanced security features, along with fast and convenient transactions, while joining the global Mastercard network with access to over 100 million acceptance locations worldwide.

Also Read: Illegal VPNs to be blocked after registration process, says PTA chairman

“Our partnership with UPaisa builds on our common goals of supporting Pakistan’s growing move towards a digital economy. In line with the country’s Vision 2025, the launch of this new debit card will help change Pakistan’s payment system, providing smooth, safe, and easy experiences for users through advanced technology,” said Muhammad Nana, Senior Vice President, Digital Partnerships, EEMEA, Mastercard.

Mastercard’s partnership with U Microfinance Bank, a wholly owned subsidiary of Pakistan Telecommunication Company Limited (PTCL) and the issuer of the new card, will enable consumers and businesses in 32 countries across the Middle East, Asia, and Africa to benefit from a variety of new technologies and user-friendly experiences.

“The UPaisa debit card, in partnership with Mastercard, is a testament to our continued commitment to enhancing the digital banking experience through innovative and user-friendly financial solutions.

“We continue to scale our digital ecosystem to effectively respond to the evolving digital and financial needs of our customers, while also bringing more Pakistanis under the umbrella of digital and financial inclusion to promote their socioeconomic well-being,” said Syed Atif Raza, Chief Marketing Officer, PTCL and Ufone 4G.

In Pakistan, UPaisa is one of the leading mobile financial services platforms in Pakistan, offering a range of services including money transfers, bill payments, mobile top-ups, and ATM cardless cash withdrawals.

App also offers accessible, affordable, and convenient financial services, particularly to those who are underserved or unbanked, helping them access opportunities for social and economic growth and prosperity.

Tags: Co Branded Debit CardDigital Payments Pakistan UpdatesMastercard UPaisa Debit CardSecure Online Shopping PakistanUPaisa Financial Services Mastercard
Previous Post

Illegal VPNs to be blocked after registration process, says PTA chairman

Next Post

Sher Afzal Marwat arrested outside parliament house by Islamabad police

News Desk

News Desk

Related Posts

Animal's Zoo

Lahore Zoo now managed by govt after contract with private company ends

by News Desk
July 17, 2025
0

LAHORE: The management of Lahore Zoo has been handed back to the Department of Wildlife after the private company running...

Pakistan Utility Store

Govt sets deadline to wind up Utility Stores nationwide

by News Desk
July 17, 2025
0

ISLAMABAD: A high-level meeting was held at the Finance Division to review the closure and privatisation process of the Utility...

Old Building

Karachi: 10 heritage buildings among 44 vacated for demolition

by News Desk
July 17, 2025
0

KARACHI: Following the recent building collapse in Lyari, authorities in Karachi have vacated 44 unsafe buildings in South and East...

Next Post
Sher Afzal Marwat Pic

Sher Afzal Marwat arrested outside parliament house by Islamabad police

Ride App Careem

Careem introduces 'Later Booking' feature for advance ride scheduling in Pakistan

I want to be a child again we grew up!!

Pakistan Supreme Court

Federal govt asks Supreme Court to Release Diamer-Bhasha, Mohmand dam funds

Follow Us

Recommended

Karachi Mayor Murtaza Wahab Elected President of Sindh Hockey Association

Karachi Mayor Murtaza Wahab Elected President of Sindh Hockey Association

2 years ago
earth quake

Earthquake Rattles Karachi: Tremors Felt Across the City

1 year ago
Government of Sindh

Sindh cabinet approves NETC to operate 8,000 electric buses

6 months ago
election-commission-pakistan-ecp

ECP Bends to Pressure, Extends Nomination Deadline by Two Days

2 years ago

Categories

  • City
  • Education
  • International
  • Latest
  • National
  • Showbiz
  • Sports
  • Tech
  • Uncategorized

Pages

  • About Us
  • Contact Us
  • Disclaimer
  • Home 1
  • Privacy Policy
  • Terms of Service

Follow us on Google News for Latest Updates

Recent News

  • Lahore Zoo now managed by govt after contract with private company ends
  • Islamabad to get clean water through new dam supply system
  • Govt sets deadline to wind up Utility Stores nationwide

Category

  • City
  • Education
  • International
  • Latest
  • National
  • Showbiz
  • Sports
  • Tech
  • Uncategorized
No Result
View All Result
  • Home
  • Latest
  • City
  • National
  • International
  • Education
  • Sports
  • Tech
  • Showbiz
  • Privacy Policy
  • Contact Us
  • About Us

© 2023 Islamabad51