Al Masraf has announced the launch of its Corporate World Mastercard®, a new credit card that allows businesses to effectively manage a full suite of corporate payment needs and commercial solutions by promoting enhanced financial control, savings, efficiency, and employee benefits. An exciting new addition to the Bank’s comprehensive suite of Cash Management products, the payment solution […]

Mastercard has signed a Memorandum of Understanding (MoU) with AlRaedah Finance, to launch a unique ‘SME in a Box’ payment solution for small and medium-sized businesses (SMEs) in the Kingdom of Saudi Arabia. A first-of-its-kind initiative, the partnership will offer SMEs direct access to fast funds provided by AlRaedah Finance, as well as the option to […]

Uber in partnership with Mastercard and Al Nahda, a Saudi NGO dedicated to empowering women, will be facilitating free rides to select beneficiaries across the Kingdom for the next two months. The strategic partnership between Mastercard and Uber spans across Middle East & Africa and is the largest partnership for Uber in the region, aiming […]

Iraq-based electronic payment solution Qi Card has announced enabling consumers to personalize the appearance of their prepaid Mastercard with Ekhtiyari Card. “Ekhtiyari boasts the same safety, convenience, and state-of-the-art crime-fighting technology as Qi Card,” said Bahaa Al-Hadi, chairman and founder of International Smart Card, the company that owns and operates Qi Card. “Iraqis can continue to […]

Mastercard and the Bank of Shanghai announced businesses anywhere in the globe can now send payments to China more efficiently. Business customers around the world can now leverage Mastercard Cross Border Services to send payments to any local bank in China.The partnership is expected to reduce the transaction costs and provide access to real-time exchange rates against Chinese […]

Mastercard and Microsoft announced a collaboration to drive innovation of digital commerce and startup ecosystems enabling financial inclusion. The collaboration will accelerate Mastercard Labs’ cloud native research and development activities, enabled by Azure and AI, to advance its mission to de-risk and commercialise emerging technologies and platforms for digital commerce. “We are thrilled to deepen […]

  Mastercard and WeLab Bank Limited announced a partnership to launch a numberless bank card that’s a part of a easy, intuitive and totally digital banking service that particularly caters to the tech-savvy wants and existence of individuals throughout Hong Kong. While WeLab Bank’s services are designed to be 100% accessed from smart mobile phones, a physical […]

  Fave has announced a strategic partnership and investment from Pine Labs, a digital payments and merchant commerce platform. Under the terms of the partnership, Fave’s QR code will become integrated with Pine Lab’s terminals, enabling a seamless platform for digital payments and loyalty solutions in Southeast Asia. Fave’s Co-Founder and CEO, Joel Neoh, said, “The partnership […]

Mastercard has announced the expansion of its cryptocurrency program. Supercharging the partnership experience, cryptocurrency and crypto card partners are invited to join Mastercard’s Accelerate program for emerging brands and fintech, giving them access to everything they need to grow quickly. The move comes as Wirex becomes the first native cryptocurrency platform to be granted a […]

Bank Alfalah & National Institutional Facilitation Technologies (NIFT) announced their strategic collaboration on NIFT’s digital financial services platform “NIFT ePay”, which is an industry first, enabling bank accounts for e-commerce across the banking industry. NIFT’s partnership with Bank Alfalah is unique and multidimensional; the Bank has supported in the realization of this new ecosystem by […]