Murtaza Ali, President of JazzCash, Pakistan’s leading digital financial services platform, has been appointed to the Advisory Board of the International Association of Money Transfer Networks (IAMTN). This historic appointment marks him as the first and only Pakistani to serve on the board of this prestigious global body, which is dedicated to advancing cross-border payments and fostering financial inclusion worldwide.
IAMTN is the leading global trade association for the cross-border payments industry. The organization plays a pivotal role in transforming international money transfers, promoting transparency, and driving innovation in financial services. It collaborates closely with global regulators and institutions, including the World Bank, the Financial Action Task Force (FATF), and the Financial Stability Board (FSB). In 2024 alone, global remittance flows reached an impressive $905 billion, with IAMTN members at the forefront of enabling these critical financial lifelines for millions of people worldwide.
Murtaza Ali’s appointment brings Pakistan into the spotlight of global discussions on remittance innovation and policy. His addition to IAMTN’s Advisory Board ensures that Pakistan’s rapidly growing digital economy and payments ecosystem will have a voice in shaping the future of international money transfers.
“Cross-border payments are a lifeline for millions of Pakistanis — from freelancers to families supported by overseas workers,” said Murtaza Ali. “I’m honored to join the IAMTN Advisory Board and represent Pakistan in global forums that are driving innovation, efficiency, and financial inclusion in remittances. At JazzCash, we’re committed to making these vital flows faster, safer, and more accessible.”
With a diaspora exceeding 13 million and more than 2.3 million freelancers, Pakistan is one of the largest recipients of remittances globally. In March 2025 alone, the country recorded remittance inflows of $4.1 billion. Murtaza’s presence on the IAMTN board will amplify Pakistan’s voice in international financial policy discussions and strengthen advocacy for more inclusive and transparent global payment systems.
Veronica Studsgaard, Founder and Chair at IAMTN, welcomed Murtaza Ali to the board, expressing her enthusiasm about his appointment: “We are delighted to have Murtaza Ali join the IAMTN Advisory Board. His extensive experience in digital financial services and his deep understanding of Pakistan’s remittance and payments ecosystem will bring invaluable insights to our organization. We look forward to working with him to advance IAMTN’s mission of fostering innovation, financial inclusion, and collaboration in cross-border payments.”
As a board member, Murtaza Ali will provide strategic input to key IAMTN initiatives, such as the G20-aligned FSB Task Force on cross-border payments. His role will include advising on emerging regulatory trends, identifying opportunities for international collaboration, and contributing to IAMTN’s advocacy, research, and summit programs.
JazzCash, under Murtaza’s leadership, has positioned itself as a critical enabler of remittance flows to Pakistan. The platform partners with leading global remittance players such as DuPay, Payoneer, Veem, and HomeSend, enabling millions of Pakistanis to receive international payments directly into their JazzCash mobile wallets. By prioritizing transparency, financial inclusion, and accessibility, JazzCash continues to elevate Pakistan’s standing in the global remittance ecosystem while empowering its citizens with fast, secure, and convenient financial solutions.
Murtaza Ali’s appointment underscores the growing importance of Pakistan’s role in the global remittance landscape and reaffirms IAMTN’s commitment to driving inclusive financial systems worldwide.
