Dubai, UAE – 22 April 2025: Al Ansari Exchange, the leading remittance and foreign exchange service provider in the UAE and a subsidiary of Al Ansari Financial Services, today announced the extension of its strategic partnership with Visa, a global leader in digital payments. This agreement represents the continuation of a robust and enduring collaboration, […]
Capital Bank and Falcons Soft partners to expand Electronic Payments in Jordan
Capital Bank has signed a strategic partnership agreement with Falcons Soft, a leading provider of IT solutions, to expand the reach of electronic point-of-sale (POS) systems across Jordan and offer advanced e-payment services to a wider network of merchants. Through this agreement, Falcons Soft will be able to offer electronic payment acceptance and POS services […]
Qatar Central Bank Launches ‘Multiple Wallets per Mobile Number’ Feature to Enhance Mobile Payments
DOHA: Qatar Central Bank (QCB) has announced the provision of the ‘Multiple Wallets per Mobile Number’ feature in Qatar Mobile Payment (QMP) system. In line with the Third Financial Sector Strategy and as part of Qatar Central Bank’s ongoing efforts to enhance the mobile payment services in the country, QCB has announced the ‘Multiple Wallets […]
PayPal Partner with TerraPay to Expand Access to Cross-Border Payments across Middle East and Africa
PayPal, a global digital payments and commerce platform, today announced a strategic partnership with TerraPay, a leading global money movement company, to enable real-time fund transfers for PayPal customers across the Middle East and Africa. This partnership aims to drive economic growth by making cross-border transactions faster, easy to use and more accessible by connecting […]
Checkout.com gears up to become the First Global Digital PSP to launch card issuing in the UAE
LONDON AND ABU DHABI — Checkout.com, a leading global digital payments company, today announced its intention to expand its card issuing capabilities in the UAE, marking a first-of-its-kind investment by a global digital payment service provider in the region. Checkout.com aims to roll out domestic card issuance in the region in 2026, pending regulatory approval. This […]
NBK Partners with Harrods and Visa to Launch Exclusive Co-Branded Card for Kuwaiti Customers
Al-Othman: We are dedicated to delivering an exceptional experience that extends beyond banking, catering to every detail of our customers’ lifestyles Our partnership with Harrods, following our collaboration with Alshaya Group, sets the tone for a milestone year in 2025 Leveraging our extensive expertise, we anticipate customer needs and continuously strive to exceed their expectations Ward: The […]
QNB Group Partners with Harrods and Visa to Launch Exclusive Co-Branded Credit Card in Qatar
Doha, Qatar — QNB Group, the largest financial institution in the Middle East and Africa, has announced a long-term strategic partnership with Harrods, the world’s leading luxury department store, and Visa, a global leader in digital payments. This landmark collaboration will see the launch of the QNB Harrods Visa co-branded credit cards, designed exclusively for customers […]
Visa to Launch New Unified Checkout and Fraud Detection Solutions
Visa has unveiled three new value-added services designed to make accepting payments easier and more secure. The services are meant for acquirers, payment facilitators, retailers, marketplaces and shops, the company said in a Thursday (April 3) press release emailed to PYMNTS. With Authorize.net 2.0, Visa has reimagined its Authorize.net by adding a streamlined user interface, artificial intelligence […]
Instant Payments Boom: JoPACC Reports 77.2% Growth in Digital Transactions
JoPACC’s 2024 report reveals a 77.2% surge in digital payments, highlighting rising adoption of instant transactions, mobile wallets, and e-commerce solutions. The Jordan Payments and Clearing Company (JoPACC) has released its 2024 Payments Systems Report, highlighting another year of significant growth in digital payments across Jordan. The report presents substantial increases in transaction volumes, values, and […]
MoneyGram Adds Mastercard Move for Cross-Border Payments
MoneyGram, a financial technology company creating trusted global payments and financial solutions for an increasingly connected world, and Mastercard (NYSE: MA) have joined forces to advance digital money movement both domestically and across borders. MoneyGram is implementing Mastercard Move, Mastercard’s portfolio of money transfer solutions, providing its customers with enhanced access to fast, secure and near real-time payments[1]. […]