Tag: #Payments
Abdulaziz Al-Salloum acquires 10% stake in UAE-based GlobalPay to support regional growth and expansion
GlobalPay, headquartered in the United Arab Emirates, has announced that Saudi technology entrepreneur and executive Eng. Abdulaziz Al-Salloum has joined the company's shareholder base...
NEOPAY and Commercial Bank of Dubai (CBD) partner to strengthen access to working capital...
NEOPAY, a payments solutions provider in the UAE, has partnered with CBD to help small and medium-sized enterprises (SMEs) gain easier access to financing...
Saudi Arabia’s PayTabs Group acquires Amazon Payments MENA for $100 million+
Saudi Arabia's PayTabs Group and Amazon Payment Services have agreed to a transaction that would transfer Amazon's Middle East and North Africa payments operations...
Global payment networks and interoperability momentum
Far from being a standalone banking function, the role of payments has transformed. Now sitting at the centre of everyday life, payments are embedded...
Ajman Bank and Arab Financial Services (AFS) collaborate to advance merchant acquiring and payments...
Ajman Bank has signed a Memorandum of Understanding (MoU) with Arab Financial Services (AFS), the Middle East and Africa’s digital payments solutions provider and...
VaultsPay and SalisPay Technology Services introduce advanced payments platform in the UAE
VaultsPay, a CBUAE-licensed Retail Payment Services Provider, announced its strategic partnership with SalisPay Technology Services, a payments infrastructure and technology enabler in the MENA...
Revolut obtains approval for stored value facilities and retail payment services licences from the...
Revolut, the global fintech with over 75 million customers worldwide, announced that it has received its Stored Value Facilities (SVF) licence and Retail Payment...
Mawarid Finance launches Lynq — a financial operating system for UAE businesses
Mawarid Finance PJSC, an Islamic finance and investments group licensed by the Central Bank of the UAE, today announced the public launch of Lynq...
Network International and Emirates NBD extend long-standing processing partnership
Network International, a FinTech company across the Middle East and Africa, announced the renewal of its processing and back-office management agreement with Emirates NBD...
botim money and Mastercard expand digital card payments in the UAE
botim money, the financial services arm of botim has expanded its collaboration with Mastercard to power the next phase of its card issuance journey, supporting...