Transforming Real-Time Payments Landscape through Collaborative Innovation
In an exciting collaboration that aims to reshape the landscape of real-time payments, Mastercard, a global technology leader in the payments sector, has teamed up with Checkout.com, a renowned worldwide payments solutions provider, and Careem, the esteemed 'Everything App' of the Middle East.
Enhancing User Experience with Lightning-Fast Transactions
The partnership's goal is to bring about a new era of swift and seamless payments, allowing Careem Pay users in the UAE to enjoy lightning-fast transactions. By integrating Mastercard Send into the Careem Pay platform, customers can now experience a remarkable enhancement in speed, convenience, and security when utilizing the Careem app for money transfers and daily services.
Mastercard: Pioneering a Digital Economy with Secure Transactions
Mastercard, a trailblazer in the global payment industry, is driven by a mission to fortify an inclusive digital economy, emphasizing secure, intelligent, and uncomplicated transactions. Capitalizing on secure data and robust networks, its innovations empower individuals, businesses, and governments to unlock their full potential.
Checkout.com: Empowering Businesses in the Digital Realm
As a worldwide payments solutions provider, Checkout.com empowers businesses within the digital realm. Notably, they secured the first acquiring license from the UAE Central Bank. By leveraging Mastercard Send and its extensive payment network, Checkout.com is expanding its wallet top-up service to benefit countless Mastercard cardholders in the UAE.
Careem: Seamlessly Integrating Daily Services
Careem, an integrated platform delivering an array of daily services, enables users to seamlessly navigate, make orders, and conduct money transfers. With an impressive decade-long record of secure payments and over 50 million registered users, Careem continues to lead the way in its domain.
Mastercard Send: Empowering Instant Transactions Globally
Mastercard Send, currently accessible in 108 countries, has made its debut in the UAE through collaboration with Careem Pay. This innovative integration aspires to shape the future of payments in the UAE, facilitating quick refunds for marketplaces, enhancing peer-to-peer and international money transfers, and streamlining the retail and delivery sectors.
Driving a Sustainable World with Unparalleled Opportunities
Mastercard's extensive network spanning over 210 countries is perpetually dedicated to creating a sustainable world brimming with unprecedented opportunities. Conversely, Checkout.com's presence in 19 global locations, including Dubai and Riyadh, focuses on empowering businesses to optimize their payment performance.
Stakeholders' Enthusiasm for the Collaboration
Amnah Ajmal, Mastercard's Executive Vice President of Market Development for EEMEA, expressed enthusiasm about the collaboration: "We are thrilled to partner with Checkout.com and Careem to amplify the presence of Mastercard Send in the region..."
Remo Giovanni Abbondandolo, General Manager for MENA at Checkout.com, shared his perspective: "Being one of the initial partners of Mastercard Send in the UAE allows us to offer advanced payment services..."
Ahmed Salahy, Director of Strategic Partnerships at Careem Pay, highlighted the significance of this development: "The Mastercard Send solution aligns with Careem Pay's mission and commitment to simplify payment experiences..."
Pioneering the Future of Payments: Collaborative Innovation in Action
In a powerful convergence of expertise, technology, and vision, Mastercard, Checkout.com, and Careem are primed to reshape the payment landscape in the UAE and pave the way for a more connected, efficient, and secure financial future.
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