Dubai, UAE – October 20, 2024: Careem Pay is celebrating Diwali in a golden way by offering customers the chance to earn gold when sending remittances to India. From October 20th to October 31st, Careem Pay users who transfer AED 50,000 or more to India will receive a gold voucher worth 1 gram of 24-carat […]
Mastercard Launches “Move Commercial Payments” For Real-Time Cross-Border Transactions for Banks
Beijing & Purchase, New York – October 21, 2024 – Mastercard has announced the launch of its latest product, Mastercard Move Commercial Payments, designed to streamline and transform cross-border commercial payments for banks. Revealed at the annual Sibos conference in Beijing, this groundbreaking solution aims to address long-standing challenges in the cross-border payment ecosystem, providing […]
noqodi and University of Dubai Partner to Revolutionize Digital Payments in the Education Sector at GITEX Global 2024
Dubai, UAE – October 2024 – In a landmark agreement announced during GITEX Global 2024, noqodi has been appointed as the strategic payment partner for the University of Dubai. This collaboration is set to enhance the digital payment experience for students, faculty, and staff, marking a major advancement in the integration of seamless and secure […]
myFatoorah Becomes First Payment Solutions Provider in Kuwait to Adopt DHL GoGreen Plus Service, Supporting Sustainable Aviation Fuel (SAF)
Kuwait City – myFatoorah, a leading Kuwait-based payment solutions provider, has become the first company in its sector to adopt DHL’s GoGreen Plus service. This initiative aligns with myFatoorah’s commitment to sustainability by contributing to the use of Sustainable Aviation Fuel (SAF) for all international shipments. The adoption of GoGreen Plus, a key component of […]
Pakistani Startup “BuyPass.ai” Secures Angel Investment to Revolutionize eCommerce Across GCC and Asia
October 2024 – BuyPass.ai, a stealth-mode startup based in Pakistan, has successfully closed an angel funding round, setting the stage to reshape the eCommerce landscape across the GCC and Asia. The venture is founded by Muhammad Ammar Hassan, a former executive at OLX (Prosus) and Daraz (Alibaba International Digital Commerce Group), who brings over a decade of […]
First Abu Dhabi Bank Reports AED 4.46 Billion Q3-2024 Net Profit, Surpassing Analyst Expectations
Abu Dhabi, UAE – October 2024:First Abu Dhabi Bank (FAB), the UAE’s largest lender, posted a net profit of AED 4.46 billion ($1.2 billion) for the third quarter of 2024, marking a 5% year-on-year increase. This growth was driven by robust revenue expansion, which helped offset a sharp rise in impairment charges. The results exceeded […]
NEO PAY Partners with Qlub to Transform Hospitality Payments in the UAE
Dubai, UAE: NEO PAY has announced an exciting partnership with Qlub, a cutting-edge UAE-based fintech startup, aimed at revolutionizing the payment experience in the hospitality sector. This collaboration integrates NEO PAY’s advanced payment terminals with Qlub’s innovative technology, offering a seamless and efficient solution for both customers and merchants. The partnership is set to enhance […]
South Africa-based fintech littlefish Partners with Visa to Drive Digital Transformation for MSMEs Across Africa
Johannesburg, South Africa: Visa has announced a strategic partnership with littlefish, an omni-channel platform that empowers financial institutions by offering a suite of business solutions tailored to support micro, small, and medium-sized enterprises (MSMEs) across Africa. This collaboration aims to streamline both in-store and online digital experiences for MSMEs through advanced business solutions and value-added […]
Mastercard and noon Payments Launch Biometric Payment Passkey Service, Transforming Online Checkout in the Middle East
October 17, 2024 | Dubai, United Arab Emirates: Mastercard has partnered with noon Payments, one of the leading payment service providers in the Middle East and North Africa (MENA), to bring its innovative Payment Passkey Service to the region. The service will initially launch in the United Arab Emirates (UAE), with plans for a broader rollout across the […]
e& UAE Partners with Visa to Launch Smiles Card-Linked Offers via Visa Merchant Loyalty System
UAE, Dubai: e& UAE has announced an exciting new partnership with Visa to launch Smiles Card-Linked Offers, providing customers with even more opportunities to earn rewards through everyday transactions. Through this collaboration, customers can now seamlessly earn Smiles points by using their linked payment cards at participating partner merchants. This initiative aims to enhance customer […]