Today's Bulletin: December 4, 2024

More results...

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Africacom
AfricaCom 2024
AI
Apps
Apps
Banking
Broadcast
CABSAT
Cabsat
Cloud
Column
Content
Corona
DTT
eCommerce
Editorial
Education
Entertainment
Events
Fintech
Fixed
Gitex
Gitex Africa
Healthcare
IBC
Industry Voices
Infrastructure
IoT
MNVO Nation Africa
Mobile
Mobile Payments
Music
MWC Barcelona
MWC Kigali
News
Opinion Piece
Q&A
Satellite
Security
Software
Startups
Streaming
Technology
TechTalks
TechTalkThursday
Telecoms
Utilities
Video Interview
Follow us

Mastercard Launches the MEA Region’s First Numberless Card in Pakistan with Sadapay

February 10, 2021
3 min read
Author: Editorial Team

This announcement further strengthens Mastercard’s commitment to promoting financial inclusion in emerging markets and encouraging the adoption of secure digital payment methods.

As Pakistan’s first numberless card, the new offering has been designed to provide SadaPay users with a safe and simple way to transact both online and offline. The physical version of the card is completely numberless, both front and back, thus providing ultimate protection from the prospect of theft of personal and financial information for additional peace of mind. Despite being a numberless card, cardholders can still use it easily to make e-commerce payments as their card details are safely stored within the SadaPay app.

“Our focus is to deliver a safe and secure digital experience to all cardholders. Mastercard is a trusted partner that enables issuers and merchants to leverage technologies such as the numberless cards to ensure safety of e-commerce and over-the-counter transactions in order to protect consumers and merchants against fraud. We are truly excited to be launching the first numberless card in Pakistan and the MEA region in partnership with SadaPay. We continue to partner with digital players across the region to launch exciting digital solutions and share innovations to advance financial inclusion, bringing us closer to a world beyond cash.” 

Ngozi Megwa, Senior Vice President, Digital Partnerships MEA, Mastercard

The launch of the numberless card is the first implementation of Mastercard’s Digital First program in Pakistan and the wider MEA region. This innovative technology will set the stage for a more advanced digital payment landscape in the country offering cardholders with contactless and safer ways to transact.

“SadaPay takes the security of its customers very seriously and it is in that spirit that we have brought an innovative regime like numberless cards to Pakistan. Our users will now be able to make online and offline digital payments in the most secure way possible. We are also working to bring even more innovative ideas to the market all in the pursuit of customer delight. This is just the start and we’re glad to be working with Mastercard to really explore the true potential of a financially included Pakistan.”

Brandon Timinsky, Founder and CEO of SadaPay

Banks and financial services can develop a state-of-the-art, fully digital product through the Mastercard Digital First program. The new offering makes payments and banking instantly available to consumers through the mobile banking app including services such as instant issuing, card controls and access to a wide array of features and benefits with additional bank support delivered via chat. SadaPay will issue virtual cards with every account that is instantly available when customers sign up. The physical teal and peach card is optional, which is free and delivered at no cost to the user.

More than 150,000 people have already signed up for early access and are eagerly waiting for their accounts. Anyone with a valid Pakistani ID card can join the waitlist for the numberless card by signing up via www.sadapay.pk/waitlist

SadaPay is now operational and in its pilot phase under supervision of the regulator. The public rollout will begin once the pilot is completed.

Follow us on LinkedIn

Newsletter signup

Sign up for our weekly newsletter and get the latest industry insights right in your inbox!

Please wait...

Thank you for sign up!