Saturday, April 12, 2025
8.5 C
London

Euronet and Thales Expand Partnership to Enable Google Wallet in Pakistan

Euronet Pakistan and Thales have expanded their longstanding partnership to enable Google Wallet in Pakistan, marking a significant step forward for the country’s digital payments ecosystem. With this collaboration, Euronet has achieved full technical readiness to integrate Google Wallet, offering secure, seamless, and innovative digital payment solutions to millions of users across the country. This development is powered by Thales’ Digital First (D1) solution, ensuring a robust and secure transaction environment for consumers, merchants, and financial institutions.

Pakistan’s financial landscape is rapidly evolving, with increasing demand for digital payment solutions. The expansion of this partnership underscores the shared commitment of Euronet and Thales to enhancing the country’s digital payments ecosystem. By leveraging their technological expertise, both companies aim to facilitate the smooth integration of Google Wallet with local banks, fintech firms, and merchants, enabling widespread adoption of cashless transactions.

Euronet, a leading payment processing technology provider, has successfully built the infrastructure necessary for the deployment of Google Wallet across Pakistan. Its technical capabilities ensure interoperability across various banking and retail platforms, creating a seamless digital payment experience for users. With Google Wallet set to become a key player in Pakistan’s financial ecosystem, Euronet’s readiness positions it at the forefront of the country’s cashless revolution.

Thales, renowned globally for its expertise in digital identity and cybersecurity, will play a crucial role in ensuring the security and integrity of transactions made through Google Wallet. By incorporating advanced encryption and tokenization solutions, Thales aims to safeguard sensitive user data and payment information, reinforcing consumer trust in digital transactions.

Kashif Gaya, CEO of Euronet Pakistan, emphasized the significance of this development in driving financial inclusion and digital payment innovation in the country. “At Euronet Pakistan, we are committed to pioneering digital payment innovation, and our expanded partnership with Thales to enable Google Wallet marks a significant milestone in this journey. By achieving technical readiness, we are not only introducing a seamless and secure payment experience for millions of users but also reinforcing our mission to drive financial inclusion across Pakistan. This collaboration underscores our dedication to empowering banks, merchants, and consumers with cutting-edge digital payment solutions that enhance accessibility, security, and convenience in everyday transactions,” he stated.

Nassir Ghrous, SVP for Thales Pay for Asia, Middle East, and Africa, expressed enthusiasm for the initiative, highlighting its role in transforming the digital payments space. “We are thrilled to expand our partnership with Euronet to enable Google Wallet in Pakistan, a significant step towards advancing digital payment solutions in the region. By harnessing Thales’ innovative Digital First technology, we are committed to delivering secure, seamless, and user-friendly payment experiences that will empower millions of consumers and drive financial inclusion across the country,” he said.

This initiative aligns with Pakistan’s broader financial inclusion goals, as it provides a reliable, user-friendly, and secure digital payment system. The collaboration between Euronet and Thales strengthens Pakistan’s digital payments infrastructure, allowing individuals and businesses to embrace cashless transactions with confidence. By combining Euronet’s technological capabilities with Thales’ security expertise, the partnership sets the stage for an innovative, secure, and accessible digital payment landscape in Pakistan.

Hot this week

Pakistan Moves to Legalize Crypto to Attract Global Investment

Pakistan is gearing up to legalize cryptocurrency as part...

Neem Paymenow Launches on Google Play Store, Gains SECP Whitelist Approval

Neem Paymenow, a pioneering earned wage access (EWA) platform,...

SBP Grants In-Principle Approval to PaySa for E-Money Operations in Pakistan

In a significant development for Pakistan’s digital payments sector,...

BankIslami Launches ‘aik’ – Pakistan’s First Fully Digital Islamic Banking Solution

BankIslami has unveiled ‘aik’, Pakistan’s first fully digital Islamic...

Topics

Pakistan Moves to Legalize Crypto to Attract Global Investment

Pakistan is gearing up to legalize cryptocurrency as part...

Neem Paymenow Launches on Google Play Store, Gains SECP Whitelist Approval

Neem Paymenow, a pioneering earned wage access (EWA) platform,...

SBP Grants In-Principle Approval to PaySa for E-Money Operations in Pakistan

In a significant development for Pakistan’s digital payments sector,...

BankIslami Launches ‘aik’ – Pakistan’s First Fully Digital Islamic Banking Solution

BankIslami has unveiled ‘aik’, Pakistan’s first fully digital Islamic...

SECP Proposes Key Reforms to NBFC Framework to Strengthen Microfinance Sector

The Securities and Exchange Commission of Pakistan (SECP) has...

Pakistan’s First Islamic Digital Bank ‘Aik’ Launched to Revolutionize Shariah-Compliant Banking

Pakistan’s banking sector has witnessed a groundbreaking development with...

Raptr Wallet: Pakistan’s First Gaming-Focused Fintech Superapp Goes Liv

Raptr Games, Pakistan’s leading Esports and gaming payments company,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img