KSA-based and MENA servicing payments services provider HyperPay has raised $36.7 million in a funding round led by Mastercard with investments from Amwal Capital Partners and AB Ventures. The transaction with Mastercard will help accelerate HyperPay’s expansion beyond payments to deliver a complete suite of financial products that meet the evolving needs of its customers […]
A tie-up between Mastercard and HyperPay will see multi-rail capabilities and gateway solutions reach new customer segments across Mena through the adoption of innovative and frictionless payment ecosystems. Mastercard is a technology leader in the global payments industry, and Saudi Arabia-based HyperPay is the fastest growing ecommerce payments services provider in Middle East and North […]
As recovery of the travel industry picks up steam, payments technology company Mastercard and travel website Musafir have partnered to take travel bookings originating in the Middle East and North Africa, to new heights. The partnership will digitise end-to-end payment flows and launch new innovative payment products with attractive travel benefits to both consumers and […]
No more fumbling for your phone or hunting for your wallet when you have your hands full – the next generation of in-person payments will only need a quick smile or wave of your hand, says Mastercard. The trusted technology that uses your face or fingerprint to unlock your phone can now be used to […]
Mastercard on Monday announced the launch of an enhanced identity solution designed to improve the online shopping experience and tackle digital fraud in a new collaboration with Microsoft Corp. More than ever, delivering a frictionless shopping experience is critical as retailers look to shift window shopping and price comparison visits to confirmed sales. And while […]
Dubai Holding, a diversified global investment company with operations across retail, hospitality, leisure and entertainment, announced the official launch of Tickit, a first-of-its-kind rewards programme offering an effortless, instant way to earn and redeem points across Dubai. Tickit will allow members to earn points effortlessly through partner brands and participating eCommerce sites without having to […]
Banque Saudi Fransi (BSF) and Mastercard have partnered to launch the region’s first customisable cashback credit card that provides cardholders with the opportunity to select the cashback features to complement their lifestyle and preferences. The new Mastercard Banque Saudi Fransi Lifestyle credit card will offer consumers eight cashback categories aimed at enhancing the cardholder’s lifestyle […]
Mastercard announced the acquisition of McDonald’s personalisation platform and decision engine company, Dynamic Yield. Financial terms of the deal were not disclosed. Dynamic Yield delivers individualised product recommendations, offers, and content based on a range of factors, including past purchases, page views, time of day, current store traffic, and trending products. Also Read: CX Needs […]
In the Middle East and Africa (MEA), the super app model is showing early promise and consumer appeal, with emerging players seeking to emulate the Chinese-born concept and creating regional success stories of their own.
According to a Drift survey, most customers prefer chatbots over online forms. They expect chatbots to reply instantly but prefer to have a chat with a human instead of a bot. A brief look at how brands are leveraging bots Brands are leveraging chatbots to further their relationship with consumers, anywhere, any time. Businesses have […]
