Mastercard and foodpanda Partner to Drive Digital Payments in Pakistan
Pakistan is stepping closer to a cashless future! In an exciting move, Mastercard and foodpanda have teamed up once again to revolutionize digital payments in Pakistan. This partnership aims to encourage cashless transactions, making online payments easier, faster, and more rewarding for millions of Pakistanis.
The Push for a Cashless Economy
With currency in circulation (CIC) increasing by 11.2% in the first half of 2024 (as per the State Bank of Pakistan), the need for secure, seamless, and efficient digital payment solutions has never been greater. Mastercard, a global leader in digital payments, is leveraging foodpanda’s massive customer base to accelerate Pakistan’s shift from cash-on-delivery (COD) to online payments.
Exclusive Discounts to Encourage Digital Payments
To make this transition even more appealing, Mastercard and foodpanda are offering incredible discounts for customers who use Mastercard for their online transactions:
✅ 20% OFF on Mastercard Gold & Titanium Cards (Use Code: MC20)
✅ 30% OFF on Mastercard Platinum, World & World Elite Cards (Use Code: MC30)
These offers are available across all foodpanda services, including food delivery, groceries, shopping, and even their courier service, making digital payments not just convenient but also rewarding!
A Game-Changer for Pakistan’s Digital Economy
According to Muhammad Nana, Senior VP of Digital Partnerships, Mastercard (EEMEA):
“By combining our secure, frictionless payment systems with foodpanda’s vast reach, we are leading the shift to digital payments in Pakistan and accelerating the country’s digital economy.”
With Pakistan’s high smartphone penetration and growing digital infrastructure, the country is perfectly positioned for a cashless transformation. Muntaqa Peracha, CEO of foodpanda Pakistan, emphasized:
“Our partnership with Mastercard helps convert cash-on-delivery customers into engaged digital consumers, reflecting our commitment to financial inclusion and innovation in untapped markets.”
The Payment Switch Campaign: Making Digital the Default
To further reduce cash dependency, Mastercard and foodpanda have launched the Payment Switch Campaign. This initiative is designed to:
✔ Convert cash-on-delivery users to digital payments
✔ Strengthen Mastercard’s position as the go-to payment method
✔ Encourage customers to try online payments using exclusive discount vouchers
By nudging users at the critical moment of checkout, this campaign aims to seamlessly transition customers to digital transactions, driving higher adoption rates.
What’s Next? A Fully Digital Future!
With Mastercard and foodpanda at the helm, Pakistan is set to witness a digital payment revolution. Whether it’s ordering food, shopping, or sending a package, customers now have a more secure, convenient, and rewarding way to pay.
So, ditch the cash, go digital, and enjoy exclusive rewards along the way! 🚀💳
