Payments

NEWS DESK

Samsung Wallet is now available on qlub for faster, more seamless restaurant payments

News Desk 25/05/2026

Samsung Gulf Electronics have announced that Samsung Wallet is now integrated with qlub, the contactless payment platform for restaurants and hospitality venues. The integration gives Galaxy users a faster, more secure way to settle their bill at the table.   With Samsung Wallet on qlub,

NEWS DESK

Wego Introduces Stablecoin Payments Through Partnership with Triple-A for Flights and Travel Bookings

News Desk 19/05/2026

Wego, the number one travel app and the largest online travel marketplace in the Middle East and North Africa (MENA), has partnered with Triple-A, a global payment institution, to introduce stablecoin payments for travel bookings, further expanding the range of payment options available to travelers booking flights and other travel services. Through this integration,

NEWS DESK

ABHI Partners with UAE’s Federal Exchange to Enhance Financial Inclusion and Cross-Border Payments

News Desk 23/04/2026

ABHI, one of the MENAP region’s neobanks of the future and SME-lending fintechs, has announced its partnership with Federal Exchange, a prominent currency exchange and remittance service provider in the UAE. This collaboration marks a significant step in delivering efficient, secure, and real-time financial services to individuals and businesses across the region.

NEWS DESK

Trip.com teams up with Checkout.com to simplify payments for global travelers

News Desk 26/03/2026

Checkout.com, a leading global digital payment company, today announced a strategic partnership with international travel service provider Trip.com. The collaboration supports Trip.com’s global expansion by enabling high performing payments and an effortless booking experience for its customers around the world as they plan their next adventure online.   Trip.com is a

NEWS DESK

DXC Partners with Ripple to Empower Global Banks with Scalable Digital Asset Custody and Payments

News Desk 26/01/2026

DXC Technology (NYSE: DXC), a leading enterprise technology and innovation partner, has announced a strategic partnership with Ripple, a financial technology company that offers crypto solutions for businesses, to help banks seamlessly adopt digital asset custody and payment capabilities at enterprise scale.   As regulated financial institutions navigate an era of

NEWS DESK

Swift User Group affirms support for digital transformation and payments development

News Desk 09/12/2025

The Steering Committee and National Swift User Group in the UAE held their regular meeting yesterday 8 December 2025 chaired by Mr. Jamal Saleh, Director General of UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, and Chairman of the UAE Swift User Group Committee. During the meeting, committee members reaffirmed […]

NEWS DESK

Finastra Shares Insights on Future of Payments at Sibos 2025

PR News Desk 08/10/2025

Finastra, a global leader in financial services software, showcased its leadership in payments modernization at Sibos last week, hosting two panels that addressed the urgent need for banks to innovate and collaborate in a rapidly evolving financial landscape. This year’s event highlighted trends such as the rise of stablecoins, the importance of agentic AI, and […]

NEWS DESK

American Express Card payments now accepted at Skiply, providing Card Members with greater payment choice

PR News Desk 25/08/2025

American Express Middle East has announced its latest merchant agreement with Skiply, the leading educational mobile payment app in UAE powered by RAKBANK, to provide American Express Card Members with a seamless and secure solution for managing school-related payments in over 400 educational merchants including schools in the United Arab Emirates. Skiply’s platform

Finance Interviews

Did you know that Whizmo is empowering the underserved and driving the UAE’s digital payment revolution?

Arnold Pinto 06/08/2025

On ‘finance without borders’ lines In this exclusive interview, Eric G. Karobia, CEO of Whizmo, discusses the Dubai-based all-in-one mobile money solution provider’s ambitious mission to democratise mobile money in the UAE. Focused on accessibility, simplicity, and inclusion, Whizmo represents a movement connecting cash-based communities with digital finance.

NEWS DESK

Tech Mahindra Joins J.P. Morgans Payments System Integrator Program to Accelerate Innovation in Payments System

PR News Desk 22/07/2025

Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announced it has joined J.P. Morgan Payments System Integrator Program to empower global enterprises to upgrade their payment infrastructure and deliver smarter, more personalized customer experiences. By joining the program, Tech Mahindra

Banking Tech

Mastercard unveils new VCN initiative for banks

Arnold Pinto 03/04/2025

Aimed at commercial payments players Starting from April 1, 2025, banks utilising Mastercard’s cutting-edge Virtual Card Number (VCN) technology can enable a new programme for platform partners, helping to accelerate the use of embedded virtual card technology within commercial payments. The programme brings significant benefits to banks, platform partners, and corporate

NEWS DESK

Cashfree Payments Raises USD 53 million

PR News Desk 21/02/2025

Payments company Cashfree Payments, which processes USD 80 billion in payments annually today said it has raised USD 53 Million in funding, a part of which will help accelerate its expansion and market presence in the UAE and the Middle East region, a rapidly growing hub for digital payments and financial innovation. The funding round […]

NEWS DESK

Corpay Cross-Border Named the Official FX Payments Supplier of the FIG

PR News Desk 20/02/2025

Corpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, is pleased to announce that Corpay’s Cross-Border business has entered into an agreement with the Federation Internationale de Gymnastique (FIG), the world governing body for gymnastics recognised by the International Olympic Committee (IOC), to become their Official Foreign Exchange Payments Supplier.

NEWS DESK

American Express Card payments now accepted at ADNOC Distribution

PR News Desk 15/01/2025

American Express Middle East has announced its latest merchant agreement with ADNOC Distribution, the UAE’s largest fuel and convenience retailer, welcoming American Express Card payments at more than 500 ADNOC fuel stations and Oasis mini markets spread across the United Arab Emirates. This agreement is part of American Express Middle East’s commitment to growing the […]

NEWS DESK

Al Ansari Exchange and InstaShop partner to Enhance Grocery Delivery Payments

PR News Desk 23/12/2024

Al Ansari Exchange, the UAE’s largest remittance and foreign exchange company and a subsidiary of Al Ansari Financial Services PJSC, and InstaShop, the leading online local marketplace in the UAE have entered into a strategic partnership to enhance the cash payment process for delivery personnel. This strategic collaboration introduces a streamlined solution for managing

Tech

Know the top 10 fintech trends for 2025?

Arnold Pinto 30/11/2024

From Apple NFC to virtual cards Juniper Research, a leading fintech and payments specialist, has revealed the top 10 trends to transform the financial landscape in 2025. The trends highlight the industry’s rapid shifts, driven by technological advancements, changing consumer demands, and evolving regulatory landscapes. According to Nick Maynard, Juniper Research’s VP

Business Sustainability

90% of payment cards to use sustainable materials by 2029

Arnold Pinto 06/11/2024

Need grows for card recycling schemes A new study from Juniper Research reveals that by 2029, over 90% of all payment cards shipped globally will be made from sustainable materials, up from less than 40% in 2024. This rapid shift is driven by growing environmental concerns and the push for more sustainable banking practices. Sustainable […]

NEWS DESK

Visa Announces Pilot Launch of Visa Commercial Solutions Hub to Unify Its Commercial Payments Ecosystem

PR News Desk 03/10/2024

Visa (NYSE:V), a global leader in digital payments, announced a new commercial payments ecosystem, the Visa Commercial Solutions Hub. This strategic initiative will provide financial institutions and businesses efficient access to a wide range of commercial payment solutions, complementary capabilities and integrations into a range of fintech services, making it easier for

NEWS DESK

Foodics Streamlines Restaurant Payments with Foodics Pay, Allowing F&B Businesses to Thrive

PR News Desk 03/10/2024

Foodics, a leading restaurant operations and payment technology company in the MENA region, is revolutionizing payment solutions in the F&B industry with ‘Foodics Pay’, its payment solution designed to elevate operational efficiency, help businesses manage transactions effortlessly with its user-friendly interface and streamline the customer experience across the

NEWS DESK

Corpay Cross-Border Named the Official World Athletics Foreign Exchange Supplier

News Desk 25/07/2024

Corpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, is pleased to announce that Corpay’s Cross-Border business has entered into an agreement with World Athletics, the international governing body for the sport of athletics, covering track and field, cross country running, road running, race walking, mountain running, and ultra running, to become their