MENA Fintech Association

Mastercard Introduces Access Pass for Added Digital Card Features

Mastercard has introduced Mastercard Access Pass, a programme that enables issuers and partners to offer tailored experiences and perks without issuing new cards. Launching with the McLaren Formula One Team and First Abu Dhabi Bank in the UAE, the programme allows FAB cardholders to add digital designs and additional benefits to their existing Mastercard products. […]

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TeleMoney and Mastercard Team Up for International Money Transfers

TeleMoney, the international money transfer service offered by Arab National Bank (anb) in Saudi Arabia, has partnered with Mastercard to provide cross-border payment services through Mastercard Move. Through Mastercard Move, TeleMoney users can send international payments to over 160 countries. The partnership addresses growing demand for efficient digital solutions for cross-border payments. “With digital transformation […]

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Emirates Islamic, Amazon UAE and Mastercard Launch First Amazon Credit Card in MENA

Emirates Islamic has partnered with Amazon UAE and Mastercard to launch the first Amazon-branded credit card in the Middle East and North Africa. The card, which will be available exclusively in the UAE, is designed to provide lifestyle-related benefits and flexible payment options in line with the country’s growing digital retail sector. The Amazon Emirates […]

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Mastercard and HyperPay to Launch Commercial Cards in Saudi Arabia

Mastercard has announced a collaboration with HyperPay, a payment gateway provider in Middle East and North Africa (MENA), to support the digital transformation of commercial payments in Saudi Arabia. The partnership will focus on issuing commercial cards in Saudi Arabia, with plans to extend to the UAE and Qatar. The initiative aims to provide businesses, […]

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Mastercard Partners with Qlub to Expand Hospitality Digital Payments in GCC

Mastercard has partnered with Qlub, a fintech company operating in the hospitality sector, aimed at expanding digital and contactless payments across the GCC. The partnership is intended to support the adoption of technology-driven payment solutions in restaurants across the region. Under the agreement, Mastercard will provide its payment platforms and technologies to Qlub and will […]

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Worldpay and Mastercard Launch Push-to-Card Payouts in the UAE

Worldpay and Mastercard have announced a collaboration to enhance money movement for consumers and businesses in the UAE through Mastercard Move. The partnership will see Worldpay’s Push-to-Card solution support faster domestic and cross-border payouts to cards, covering use cases such as gig economy payments, insurance claims, remittances, and withdrawals of crypto proceeds. These transactions are […]

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Zand Partners with Mastercard to Enhance Cross Border Payments in UAE

Zand, a Dubai-based AI powered fintech and financial services group, has signed an agreement with Mastercard to work together on improving cross border payment solutions. Using Mastercard Move’s money movement services, the collaboration aims to provide secure and efficient international transfers for Zand customers. In the first stage, Zand will offer payment services such as […]

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Mastercard, IFZA and Global Tax Assistant Launch AI-Powered SME Registration Pilot in UAE

Mastercard has partnered with IFZA, a UAE free zone, and international consulting firm Global Tax Assistant to introduce a fully digital, AI-driven business registration process in the country. The initiative aims to support the growth of SMEs and facilitate their expansion into Eastern Europe, the Middle East and Africa (EEMEA). SMEs account for over 94% […]

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EazyPay Introduces Mastercard Receivables Manager in Bahrain

Eazy Financial Services (EazyPay) has introduced Mastercard Receivables Manager in Bahrain, becoming the first acquirer in the country to adopt the solution. The tool is designed to support businesses by streamlining virtual card payment processing. Mastercard Receivables Manager allows EazyPay to help merchants automate their business-to-business (B2B) virtual card receivables. The solution removes the need […]

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Mastercard Launches Cyber Resilience Centre in Riyadh

Mastercard has launched its Cyber Resilience Centre in Riyadh, an initiative aimed at fostering collaboration within the financial sector to strengthen the Kingdom’s commerce and payment security framework. This marks Mastercard’s first such initiative in the Middle East, extending its network of cyber resilience centres already established in Europe and the United States. Riyad Bank […]

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