Islamabad, Feb 14: JazzCash, the fintech arm of Pakistan’s leading digital operator Jazz, has been nominated in the Best Fintech Innovation category at the prestigious Global Mobile (GLOMO) Awards, set to take place at MWC 2025. This recognition highlights JazzCash’s groundbreaking approach in digital payments, making it the first fintech globally to enable over 360,000 merchants and businesses to accept contactless payments via an NFC-enabled Android device.
Through its partnership with Mastercard, JazzCash has also empowered its wallet users to make seamless digital transactions with any contactless device. The innovative Tap Pay feature is addressing Pakistan’s payment acceptance gap by transforming smartphones into point-of-sale (PoS) machines, a significant step in a country with over 50 million debit and credit cards but fewer than 132,000 PoS terminals.
READ MORE: Zong 4G Forms Strategic Alliances to Boost Global Connectivity at Capacity Middle East
Murtaza Ali, President of JazzCash, emphasized that the company remains committed to creating solutions that cater to the unique challenges of Pakistan’s financial ecosystem. He highlighted that the nomination reflects JazzCash’s dedication to fostering a more inclusive, cashless economy, in line with the vision of the State Bank of Pakistan and the government for a fully digitized financial landscape.
With a growing customer base of 48 million, JazzCash offers a wide range of digital financial services, including nano-lending, savings, and insurance, ensuring access to financial solutions for underserved communities. The platform has received global acclaim in the past, including the ‘Pioneering Telco to Launch Tap on Phone’ award by Mastercard at Edge 2024 in Dubai and the GSMA GLOMO Award in 2017 for empowering women in emerging markets through mobile financial services.
As JazzCash continues to redefine digital finance in Pakistan, its nomination at MWC 2025 further solidifies its role as a key driver of fintech innovation and financial inclusion in the country.
