Interesting things happening elsewhere in the world: MasterCard announced it is collaborating with Pakistan’s NADRA Technologies to optimize national ID cards with electronic payments functionality. “The move will allow Pakistani citizens to carry out financial transactions and receive government disbursements by utilizing the unique 13-digit identification number of their identity card. Citizens will also be able to use their national ID to send and receive domestic and international remittances, eliminating the requirement to physically visit a bank branch or currency exchange house to meet their money transfer needs.” MasterCard will manage payment processing for transactions completed using the ID cards.

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