Mastercard has joined hands with Easypaisa mobile financial service (MFS) provider to enable Masterpass QR payments for Easypaisa account users. The innovative solution allows smartphone users to simply scan a QR code at merchants’ checkout counters and make instant and secure payments.
The Masterpass QR payment service will now be available to more than 8 million Easypaisa users across the country. Commenting on the launch of new service, CEO Telenor Microfinance Bank Shahid Mustafa said, “This partnership with Mastercard is significant as it allows us to offer thousands of merchants to our customers to make digital payments. We will continue to partner-up with strong financial players to pursue our shared digital and financial inclusion goals in the country.”
To make payments for retail purchases, customers will need to simply scan the QR code at the merchant’s checkout counter using their Easypaisa App.
Mastercard General Manager Magdy Hassan said, “Our collaboration with Easypaisa stems from our collective aspirations to drive financial inclusion in Pakistan. With this launch, we are another step closer to Mastercard vision of a cashless and more inclusive Pakistan.”