Mastercard has collaborated with SadaPay in order to launch the Middle East and Africa (MEA) region’s first numberless and contactless-enabled card in Pakistan.
A numberless and contactless-enabled card enables all users to make a hassle-free and secure transaction. It is also a safe and easy way to transact both online and offline. This numberless card with physical version benefits in a way that no one can see your any financial information thus providing users protection from identity theft.
However, users will have to signup on to the SadaPay website for receiving the virtual numberless card. Also, a valid ID card is also needed to join the waitlist for the numberless card by signing up. Cardholders have their financial details safely stored within the SadaPay app.
More than 150,000 people have already signed up for early access.
The card is highly safe and can be locked whenever the user wants, users get notified the instant they have been charged. Moreover, 3 free withdrawals at any ATM are allowed to be availed by the cardholder in Pakistan. Free local bank transfers under Rs 10,000 with no annual charges.
As per the remarks of Ngozi Megwa, Senior Vice President, Digital Partnerships MEA, Mastercard, “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 numberless cards to ensure the 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.”
Meanwhile, Brandon Timinsky, Founder, and CEO of SadaPay said, “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.”
