Pakistan and global payments company Visa have agreed to strengthen collaboration aimed at accelerating digital adoption, enhancing financial inclusion, and supporting innovation across the country’s economy. The renewed engagement reflects shared interest in advancing secure and scalable digital payment solutions while supporting Pakistan’s transition toward a modern and digitally enabled financial ecosystem. According to an official statement, the discussions centered on aligning public sector priorities with private sector capabilities to support sustainable growth in digital finance.
The engagement took place on the sidelines of the World Economic Forum Annual Meeting in Davos, where Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met with Visa Group President Oliver Jenkyn. During the meeting, Senator Aurangzeb outlined the government’s focus on strengthening digital infrastructure, improving regulatory frameworks, and creating a stable environment that encourages innovation and private investment. He emphasized that policy clarity and consistency remain central to expanding financial inclusion and increasing trust in digital financial services, particularly as Pakistan works to reduce reliance on cash based transactions and broaden access to formal financial channels.
Oliver Jenkyn reaffirmed Visa’s long term commitment to Pakistan and expressed interest in supporting the country’s digital transformation through secure payment technologies and knowledge sharing. He highlighted the global shift toward digital payments and the growing need for resilient and interoperable platforms that can support both domestic and international transactions. The discussion also touched on the importance of collaboration between governments and private sector organizations in building payment ecosystems that are reliable, inclusive, and capable of adapting to changing consumer and business needs. Visa indicated its willingness to work closely with policymakers and financial institutions to help expand acceptance infrastructure and promote digital literacy.
Both sides also identified rising tourism and increased cross border economic activity as areas where international payment solutions could play a greater role. Expanding digital payment acceptance for travelers and businesses engaged in cross border trade was seen as an opportunity to improve convenience, transparency, and security while supporting broader economic activity. The dialogue underscored the need for ongoing engagement to translate policy intent into practical, market ready solutions that can be implemented at scale within Pakistan’s evolving digital finance landscape.
Visa expressed readiness to act as a trusted partner in policy and reform initiatives that align with Pakistan’s ambition of becoming a fully Digital Nation. This includes supporting innovation in payment technologies, sharing global best practices, and contributing to capacity building efforts within the local financial ecosystem. The meeting concluded with mutual agreement on maintaining regular engagement to ensure that collaborative efforts remain aligned with national priorities and market realities, as Pakistan continues to advance its digital payments agenda and expand access to financial services for individuals and businesses across the country.
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