{"id":3510,"date":"2024-08-17T08:55:18","date_gmt":"2024-08-17T08:55:18","guid":{"rendered":"https:\/\/www.goodtimes.com.pk\/blogs\/?p=3510"},"modified":"2024-08-17T08:55:18","modified_gmt":"2024-08-17T08:55:18","slug":"mastercard-reaffirms-commitment-to-pakistan-with-new-office-in-karachi","status":"publish","type":"post","link":"https:\/\/www.goodtimes.com.pk\/blogs\/mastercard-reaffirms-commitment-to-pakistan-with-new-office-in-karachi\/","title":{"rendered":"Mastercard reaffirms commitment to Pakistan with new office in Karachi"},"content":{"rendered":"<p><strong>Mastercard reaffirms commitment to Pakistan with new office in Karachi<\/strong><\/p>\n<p><strong>Karachi, Pakistan; 16 August 2024:<\/strong>\u00a0Mastercard is bolstering its commitment to economic development in Pakistan with the inauguration of a new office in Karachi. The move is part of Mastercard\u2019s ongoing optimization of its regional network and the recent establishment of its new East Arabia division, of which Pakistan is a key market.<\/p>\n<p>The new hub opening was commemorated with an official visit by J.K. Khalil, Division President, East Arabia, Mastercard.<\/p>\n<p>The inauguration marks a significant milestone in Mastercard\u2019s journey in Pakistan, which spans more than two decades. The company has been empowering the people of Pakistan through strategic partnerships within the public and private sector.<\/p>\n<p>\u201cOne of the most populous countries in the world, Pakistan has long been a key market for Mastercard. We are proud of the positive impact that Mastercard has made on Pakistan\u2019s financial services ecosystem through collaborative partnerships between our team and extensive network of partners. Building on a legacy of more than twenty years, our new office marks the next chapter in this exciting journey and reinforces our deep commitment to the market. We will continue to work closely with our partners, the government, financial institutions, and innovative new players in the fintech space and beyond as we contribute to a connected and inclusive digital future for all,\u201d said<strong>\u00a0J.K. Khalil, Division President, East Arabia, Mastercard.<\/strong><\/p>\n<p>Mastercard\u2019s expanded footprint in the market underscores its dedication to supporting financial institutions, merchants, government partners, and local communities. By giving them access to financial services and resources, the company is accelerating the digital transformation of the payments landscape.<\/p>\n<p>\u201cThe opening of our new Karachi office marks a significant milestone in Mastercard\u2019s ongoing efforts to further elevate Pakistan\u2019s financial landscape. Thanks to the support of our partners, we are opening digital doors for all \u2013 whether through card and product launches, digital wallets fueling acceptance, or tailored solutions for businesses big and small. As we look to the future, I would like to express my sincere gratitude to our extensive network of partners in the public and private sector, who are helping us build a better, more connected digital world. We remain unwavering in our commitment to shaping the future of payments and financial services in this dynamic market,\u201d said <strong>Arslan Khan, Country Manager, Pakistan, Mastercard<\/strong>.<\/p>\n<p>Mastercard continues to partner with key stakeholders across Pakistan to drive financial and digital inclusion. Recently, the Mastercard Strive Women program in Pakistan collaborated with a leading financial institution\u00a0to enhance financial access for women-led micro and small entrepreneurs. The initiative aims to reach 1.5 million entrepreneurs in Pakistan through campaigns while directly supporting over 100,000 entrepreneurs. Strive Women builds on the <a href=\"https:\/\/urldefense.com\/v3\/__https:\/www.care.org\/news-and-stories\/resources\/unlocking-the-potential-of-women-led-micro-small-enterprises\/__;!!N96JrnIq8IfO5w!gIbY09JhPRZseBSS0KnHjuWKTccYmqqh-nH0u5LFG-lUATIup65LhYORBbRyJFVvwnB5Zx2yXDEkPAaoPdFI44j2K0jTp2oYdSw$\">success of the Ignite program<\/a>, funded by the Mastercard Impact Fund, which unlocked USD 49.6 million in loans in Pakistan and directly supported more than 50,000 Pakistani entrepreneurs.<\/p>\n<p><strong>About Mastercard<\/strong><\/p>\n<p>Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments, and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mastercard reaffirms commitment to Pakistan with new office in Karachi Karachi, Pakistan; 16 August 2024:\u00a0Mastercard is bolstering its commitment to economic development in Pakistan with the inauguration of a new office in Karachi. The move is part of Mastercard\u2019s ongoing optimization of its regional network and the recent establishment of its new East Arabia division,<\/p>\n","protected":false},"author":1,"featured_media":3511,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72,2480],"tags":[3796,3793,3795,268,3794,2766,17,1409],"class_list":{"0":"post-3510","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blog","8":"category-technology","9":"tag-digital","10":"tag-economic-development-in-pakistan","11":"tag-finance","12":"tag-karachi","13":"tag-key-market","14":"tag-mastercard","15":"tag-slider","16":"tag-technology"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mastercard reaffirms commitment to Pakistan with new office in Karachi - Good Times Blogs<\/title>\n<meta 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