Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Tuesday met Mr. Oliver Jenkyn, Group President of Visa, on the sidelines of the World Economic Forum (WEF) Annual Meeting in Davos, reaffirming a long-term partnership to promote digital payments and financial innovation in Pakistan.
During the meeting, both sides discussed Pakistan’s evolving economic landscape and ongoing engagement with global payment networks. Mr. Jenkyn reaffirmed Visa’s long-term commitment to Pakistan, expressing strong interest in supporting the country’s next phase of growth through innovation, secure payment solutions, and knowledge transfer. He highlighted the global shift toward digital payments and stressed the importance of policy clarity, openness, and an enabling environment to scale innovation.
Senator Muhammad Aurangzeb welcomed Visa’s continued engagement and underscored that policy consistency and a clear reform roadmap remain central to Pakistan’s economic strategy. He said the government is actively strengthening the digital ecosystem, including improvements in connectivity, financial infrastructure, and regulatory frameworks, to support innovation and private sector participation.
The Finance Minister emphasized that collaboration between global payment networks and local solutions is vital for accelerating financial inclusion and digital adoption. He also highlighted reforms aimed at transparency, documentation of the economy, and digitization across sectors, noting that these initiatives are creating new opportunities for trusted global partners. He added that the establishment of dedicated digital and regulatory institutions reflects the government’s commitment to positioning Pakistan as a ‘Digital Nation.’
Mr. Jenkyn noted the value global platforms like Visa bring through security standards, resilience, and scalability, emphasizing balanced collaboration among governments, regulators, and the private sector. He expressed Visa’s readiness to continue sharing global best practices and pointed to rising tourism and cross-border activity as drivers for expanding international payment solutions in Pakistan.
Both sides agreed to remain closely engaged as digital finance evolves and expressed confidence that sustained collaboration would deliver practical, market-ready solutions. Mr. Jenkyn reiterated Visa’s commitment to continued investment in Pakistan and requested that the company be considered a trusted partner in relevant policy and reform initiatives.