Fintechs, startups and financial institutions can now plug and play into NymCard’s modern BaaS infrastructure to issue their own Mastercard cards
The partnership will see new payment products introduced to offer travel benefits to both consumers and corporates
The collaboration will offer advanced new technologies so businesses, governments and SMEs can move from cash-based payments to a seamless ecosystem
OPay customers from countries such as Egypt, Nigeria, Ethiopia and the UAE will benefit from Mastercard’s virtual payment solution linked to their ewallet
The partnership aims to maximise the safety, security and convenience of e-commerce, online banking and contactless transactions
Mastercard has partnered with Payment International Enterprise to launch Flooss across Bahrain and the region
The how and where of consumer spending is transforming, driven by digital trends
The virtual cards can be created for single- or multiple-use
A poll of more than 6,300 people globally found that 20 per cent have already taken out buy-now, pay-later loans
The official payment technology partner of Expo will showcase its Cube multi-sensory installation at the event
The limited-edition cards are designed to enhance the Expo 2020 Dubai experience for both residents and visitors
In this exclusive interview, Raghu Malhotra, president of Mastercard Middle East and Africa speaks of the importance of financial inclusion, of leveraging key technologies and offers advice to leaders on handling a crisis
The value of the e-commerce market in the UAE is projected to reach $8bn by 2025
SMEs across the country have identified easier access to funding, acceptance of digital payments and training and upskilling staff as the top three drivers for growth
Making well-informed data-based decisions around development policy accelerates local business, drives trade, and enables job growth
Businesses in the region must provide women a level playing field and create opportunities for them to progress
Ecos specification will ensure that contactless technology is future-proofed
The Middle East region is emerging as a hotspot for digital demand
Investing in payment digitisation will drive financial inclusion, economic growth and wellbeing in today’s new reality
Mastercard and HSBC will aim to develop an approach to green financing around sustainable infrastructure projects in net zero cities
The project spans the GCC, Jordan and Egypt for Talabat, HungerStation and Zomato
Currently, Mastercard has partnered with Checkout.com and FOO in the UAE to roll out the technology
Azure to serve as native cloud infrastructure for Mastercard Labs’ R&D efforts
Mastercard expands its Accelerate programme, making it easier for cryptocurrency and crypto card partners to join
The service will be applicable for rides home from Dubai International Airport, Al Maktoum International Airport and Abu Dhabi International Airport
The Covid-19 pandemic has made contactless payments more relevant than ever before. Khalid Elgibali, MENA division president at Mastercard, discusses whether adoption in the GCC grown significantly
Reward points can be exchanged for cash which will be deposited into the customer’s Samsung Money by SoFi account
Regionally, the UAE capital topped the list with 270,686 households earning more than $250,000 annually