Tag "mastercard"

Hyperpay Raises $36.7 Million Led by Mastercard

KSA-based and MENA servicing payments services provider HyperPay has successfully raised $36.7 million (SAR 138 million) in a funding round led by Mastercard with investments from Amwal Capital Partners and AB Ventures. Founded by Muhannad Ebwini, HyperPay offers merchants a

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AMF’s Buna and Mastercard to Provide Interoperable Services Through MoU

The Arab Monetary Fund (AMF) and Mastercard have signed an MoU to allow for interoperability between Mastercard and Buna, the AMF’s cross-border multi-currency payment system. The partnership seeks to boost cross-border payments across the Arab region and international markets, according

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NEC Payments Joins Mastercard Fintech Express Programme as Global Partner

Mastercard has announced that NEC Payments, a payment services provider licensed and regulated by the Central Bank of Bahrain, is now a global partner of Mastercard Fintech Express, which connects tech-savvy startups with traditional players such as banks. The programme

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Saudi Payments Unveils Instant Payments System Sarie With IBM and Mastercard

Saudi Payments, under the supervision of the Saudi Central Bank (SAMA) announced the launch of Saudi Arabia’s instant payments system ‘sarie’ in cooperation with IBM and Mastercard. ‘sarie’ now supports all Saudi banks across the Kingdom and is available for

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Mastercard Partners with Bahrain FinTech Bay to Foster Fintech Innovation in the Kingdom

Mastercard announced a partnership with Bahrain FinTech Bay in their effort to support the development of Bahrain’s fintech industry. Through the partnership, Mastercard and Bahrain FinTech Bay will work together to offer Bahraini startups and SMEs with educative and commercial

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UAE Fintech Accelerator : 300 Applications

FinTech Hive, the first fintech accelerator in the Middle East, Africa and South Asia (MEASA) region, is gearing up to start its 2018 edition in September, in partnership with Accenture. FinTech Hive has received an overwhelming response of over 300

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Mastercard and mada Partner to Enable Online Payment Transactions in Saudi Arabia

mada, Saudi Arabia’s domestic payment network, and Mastercard announced the launch of a joint partnership initiative to enable online payments using Mastercard’s Payment Gateway Services technology. Furthermore, all local online merchants will be enabled to accept mada cards as a

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Mastercard Announces Roadmap for Contactless Payments Consistency

Mastercard has announced an initiative to create greater payment consistency by making “tap and go” standard in the next five years. The changes underway ensure that consumers, merchants and governments around the world will be able to take advantage of next-generation

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Mastercard and Ooredoo to launch Masterpass in Qatar

Ooredoo and Mastercard have announced the upcoming launch of Masterpass in Qatar, a service designed to offer a new level of payments convenience to Ooredoo’s growing base of consumers in Qatar. Masterpass is a simple, convenient and trusted digital payment

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