{"id":12855,"date":"2025-08-15T04:31:30","date_gmt":"2025-08-15T04:31:30","guid":{"rendered":"https:\/\/fintechnews.ae\/?p=27283"},"modified":"2025-08-15T04:31:30","modified_gmt":"2025-08-15T04:31:30","slug":"zand-partners-with-mastercard-to-enhance-cross-border-payments-in-uae","status":"publish","type":"post","link":"https:\/\/mena-fintech.org\/demo\/zand-partners-with-mastercard-to-enhance-cross-border-payments-in-uae\/","title":{"rendered":"Zand Partners with Mastercard to Enhance Cross Border Payments in UAE"},"content":{"rendered":"

Zand, a Dubai-based AI powered fintech and financial services group, has signed an agreement with Mastercard<\/a> to work together on improving cross border payment solutions.<\/p>\n

Using Mastercard Move\u2019s money movement services, the collaboration aims to provide secure and efficient international transfers for Zand customers.<\/p>\n

In the first stage, Zand will offer payment services such as deposits into bank accounts and digital wallets in several markets, along with cash collection options, through Mastercard Move\u2019s capabilities.<\/p>\n

The initiative reflects both companies\u2019 focus on advancing the digital economy and supporting financial inclusion in the region.<\/p>\n

J K Khalil, Executive Vice President and Division President, East Arabia, Mastercard, said:<\/p>\n

\"J.K.
J K Khalil<\/figcaption><\/figure>\n
\n

\u201cAt Mastercard, we are committed to driving innovation across the region\u2019s payments landscape. Our collaboration with Zand will connect more people and businesses to the financial system, helping drive greater financial inclusion and economic opportunity in the UAE and across the region.\u201d<\/p>\n<\/blockquote>\n

Michael Chan, Chief Executive Officer at Zand, said:<\/p>\n

\"Michael
Michael Chan<\/figcaption><\/figure>\n
\n

\u201cWe are thrilled to collaborate with Mastercard to help drive the future of cross border payments, and this exciting opportunity represents a significant milestone in Zand\u2019s mission to accelerate the growth of the digital economy. The payments ecosystem is rapidly growing and evolving in the region and offers compelling potential to accelerate the applications of AI, blockchain and payments technology.\u201d<\/p>\n<\/blockquote>\n

Mastercard Move is the company\u2019s suite of money movement services, designed to support fast and secure transfers for various needs including person to person payments, business transactions, and disbursements.<\/p>\n

It offers different payout options such as bank accounts, cards, and mobile wallets.<\/p>\n

To serve unbanked and underbanked communities, cash payouts are also available through Mastercard\u2019s network of cash collection points.<\/p>\n

 <\/p>\n

Featured image credit: Zand<\/a><\/em><\/p>\n

The post Zand Partners with Mastercard to Enhance Cross Border Payments in UAE<\/a> appeared first on Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

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\u2019s 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 […]<\/p>\n

The post Zand Partners with Mastercard to Enhance Cross Border Payments in UAE<\/a> appeared first on Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175,206,179,357],"tags":[],"class_list":["post-12855","post","type-post","status-publish","format-standard","hentry","category-abu-dhabi","category-dubai","category-mastercard","category-zand"],"_links":{"self":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/comments?post=12855"}],"version-history":[{"count":2,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12855\/revisions"}],"predecessor-version":[{"id":12868,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12855\/revisions\/12868"}],"wp:attachment":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/media?parent=12855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/categories?post=12855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/tags?post=12855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}