Dubai, UAE – Mastercard has joined forces with Payrails, a payment technology company, to accelerate digital payment transformation and foster innovation tailored to the needs of large enterprises. Through this partnership, the two companies aim to provide efficient payment solutions that enable global businesses to streamline complex transactions, boost flexibility, and optimize financial operations. Combining Payrails’ expertise in […]
San Francisco, CA – Elon Musk’s social media platform, X (formerly known as Twitter), has announced a strategic partnership with global card network giant Visa to introduce a new digital payments tool later this year. The collaboration was confirmed in a post by X’s CEO, Linda Yaccarino, on Tuesday. X Money: The ‘Everything App’ Yaccarino revealed that the new […]
Collaboration focuses on expanding access to seamless, secure, and innovative payment solutions across Eastern Europe, the Middle East, and Africa and Mastercard will make a minority investment in Dgpays as part of this partnership. 18 December 2024, Turkey – Mastercard has announced a strategic partnership with Dgpays, a leading financial technology provider, to advance the adoption of […]
Bahrain, December 4, 2024 – Crypto.com has secured a principal licence with Mastercard, enabling the company to directly issue cards on Mastercard’s network. Crypto.com will launch a card in Bahrain powered by Mastercard. The new programme will leverage Mastercard’s trusted, scalable and secure payments network to enable Crypto.com customers to use their card at over 150 […]
A New Era of Payment TechnologyChina has witnessed a transformative leap in payment systems with the launch of Weixin Palm Payment, a cutting-edge hand-scanning technology developed by Tencent. This innovative solution simplifies daily transactions, allowing commuters to access subways and employees to enter office buildings with a quick palm scan. Introduced in May 2023 and officially launched […]
Strategic acquisition combines Nook’s award-winning AP automation with Modulr’s embedded payments expertise to streamline operations for UK and European businesses. Modulr, a leading embedded payments platform, has announced the acquisition of Nook, a disruptive innovator in accounts payable (AP) automation. This strategic move combines both companies’ expertise to address inefficiencies in business payments, eliminate manual […]
Careem Pay Expands International Remittance Services to Five New European Countries Dubai, UAE — Careem Pay, the digital wallet and fintech platform within the Careem Everything App, has expanded its international remittance service, now enabling UAE residents to transfer money to Spain, Italy, France, Ireland, and Germany. This latest expansion adds five new European countries to Careem Pay’s […]
The collaboration promises a seamless payment experience, aiming to transform payment processing for automotive retailers and boost customer satisfaction. Ottu, a leading fintech platform in the GCC, has announced a strategic partnership with Keyloop, a global provider of automotive retail solutions, to revolutionize payment systems for automotive dealerships. The partnership is set to streamline digital […]
November 6, 2024 – Tencent has announced a strategic partnership with Visa to bring its palm recognition technology to international markets, with an initial rollout in Singapore. The service, called “Pay by Palm,” enables Visa cardholders from participating banks—including DBS, OCBC, and UOB—to make secure, contactless payments by scanning their palms. The pilot launch was unveiled at the Singapore Fintech Festival […]
[November 2024] – MeaWallet, a leading enabler of digital payments and card tokenization, has unveiled new features in its suite of payment products, now supporting Click to Pay. These enhancements are designed to streamline the online shopping experience, providing consumers and merchants with a faster, more secure way to pay. Click to Pay simplifies the […]