Mastercard partners with One Network to digitalise road toll payments

Mastercard partners with One Network to digitalise road toll payments

Mastercard partners with One Network to digitalise road toll payments

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KARACHI: Mastercard has signed a strategic partnership with the Pakistani intelligent transport systems provider, One Network, to digitalise the country’s road toll payments network, an official said.

The partnership was signed at the Pakistan Pavilion in Expo 2020 Dubai, where Mastercard is the official payment technology partner, in the presence of Frontier Works Organisation, Pakistan’s biggest toll collection entity.

The partnership will see Mastercard integrate its digital payment gateway infrastructure into One Network’s newly-launched Apple and Android smartphone app, allowing motorway commuters to top-up their M-Tag cards in advance from anywhere using their mobile devices.

The newly-developed app will also enable motorists to review their travel history and check their balance in real-time.

Khalid Elgibali, division president of the Middle East and North Africa of Mastercard said: “As a trusted partner to the government of Pakistan, we are delighted to integrate Mastercard’s digital payment mobility solutions into One Network’s electronic toll collection system and smartphone application.”

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“Mastercard will continue to work with our partners to build a digital payments ecosystem that serves the businesses and people of Pakistan through simple, safe and seamless solutions that keep the people and the economy moving,” he added.

One Network chief executive officer Asif Siddique said: “We are delighted to announce that now [the] commuters can easily recharge their M-Tag account through our mobile app. Partnering with Mastercard to simplify toll tax payments for the millions of commuters across Pakistan’s road network brings us a step forward in driving smart transformation in the country and enriching the lives of our citizens.”

Frontier Works Organisation CEO Kamal Azfar expressed support and emphasised the organisation’s drive to make Pakistan’s motorways congestion-free using cashless toll collection.

The widespread adoption of digital payments for M-Tag usage in Pakistan will serve as a broad economic enabler that speeds the flow of goods, boosts tourism and further advances financial inclusion.

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