Mastercard today announced a strategic collaboration with Pakistan’s NADRA Technologies to optimize Pakistani National ID cards with electronic payments functionality.
The move will allow Pakistani citizens to carry out financial transactions and receive government disbursements by utilizing the unique 13-digit identification number of their identity card.
Citizens will also be able to use their National ID to send and receive domestic and international remittances, eliminating the requirement to physically visit a bank branch or currency exchange house to meet their money transfer needs.
Under the terms of the agreement, Mastercard will also use its next-generation payment processing technologies to process all online payments made by Pakistani citizens for the issuance of National ID cards, passports or any other document provisioned by NADRA Technologies.
The announcement was made during Mastercard’s participation in the World Economic Forum Annual Meeting 2017, taking place from 17-20 January in Davos, Switzerland.
Aurangzaib Khan, Country Manager – Pakistan and Afghanistan, Mastercard, said, “The new service will make international remittances more convenient both for the sender and beneficiary, and this is significant since Pakistan is one of the top receivers of remittances from abroad.”
Combining the National ID card with payment features will transform it into a powerful, multi-purpose channel for citizens to carry out financial transactions, and will facilitate faster and more efficient delivery of vital government services, concluded Mr. Aurangzaib.
great service
kia samjhay is great service se? humain bhi samjha dou.
Bachpan main tum jaison ko lollipop khilaya karta tha.
Hum tou bantnay walay hain is liye tum jaisay bhokay bachon ko khila k unki duwaien leta tha. Ab tum baray ho gaye ho magar abhi bhi needy lag rahay ho.
Great tu hay but samjh nahin ayee
Why we should we give commission to Master /Visa cards THIS is dicussion going on right now with State Bank and 1-Link and on other hand NADRA is giving this integration. How can NADRA bypass State bank….
no payment method in pakistan can by pass State bank.
Unless your are prime minister Nawaz Shareef.
To enable international transactions, you need to give commission to Master or VISA, Dinners or Union Pay. NADRA will need to collaborate with either NBP or any other state controlled microfinance bank. Its all very good if its true and done immediately!
STFU i need payment gateway or paypal …. Enough of your bullshit MasterCard :/
Hilarious! On one hand SBP is taking initiatives to setup a local scheme (PayPak) and discourage use of foreign schemes in order to protect outflow of capital in terms of revenues – and on the other hand NADRA (also a Govt. body) signs the deal with MasterCard instead of PayPak!!! LOL!
we need paypal in pakistan,, not this hutiapa
Wont this expose Pakistani Citizens information to MasterCard.. and so on then…!!!
This is Right way to convert your Black Money into White Money easily to transfer where you want & NADRA will said that we have lost our data by fire causes.
Nice Mian Sahab !