Mastercard

Mastercard Supports Transformation of Saudi Arabia’s Digital Payment Ecosystem with the Launch of Local Technology Infrastructure
Mastercard’s new infrastructure aims to support a secure digital payments ecosystem in the Kingdom October 22, 2024, | RIYADH, SAUDI ARABIA – Mastercard announced the launch of world class technology infrastructure in Saudi Arabia that will enable the processing of ecommerce transactions locally, providing a seamless and secure payments experience for both Mastercard partners and consumers, […]

Mastercard and Amazon Payment Services to enable digital payment acceptance across Middle East and Africa
Dubai, United Arab Emirates; 30 September 2024: Mastercard and Amazon Payment Services have signed a multi-year commercial partnership agreement to digitize payment acceptance in Middle East and Africa, across countries including Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, South Africa and UAE. As part of the collaboration, the leading payment service provider (PSP) will adopt Mastercard Gateway – […]

barq signs agreement with Mastercard to empower businesses with advanced payment acceptance technology
The partnership will enable Saudi fintech to process transactions via Mastercard Gateway Riyadh, Saudi Arabia – 6 September 2024 – barq, an innovative Saudi financial services startup, has partnered with Mastercard to empower its customers with industry-leading payment acceptance solutions through Mastercard Gateway. The strategic agreement will see barq leverage Mastercard Gateway technology to further equip its […]

Mastercard and Saudia Partner to Empower Women Entrepreneurs in Saudi Arabia with ‘Her Voice’
Mastercard and Saudia aim to take the third iteration of the female-led series; Her Voice- to new heights, elevating the Kingdom’s community of businesswomen, female changemakers and innovators in the process. Riyadh, Saudi Arabia, 27, August 2024 – Mastercard has partnered with Saudia, the national flag carrier of the Kingdom of Saudi Arabia, to launch the […]

Alshaya Group and Mastercard partner to drive growth of GCC’s retail sector through Aura loyalty programme co-brand launches
Multimarket partnership will see the launch of Alshaya Group’s loyalty programme Aura and Mastercard co-branded credit cards to offer customers benefits across more than 70 brands Riyadh, Saudi Arabia, 22nd July 2024: Alshaya Group, one of the leading international retail franchise operators, has partnered with Mastercard to expand its award-winning loyalty programme, Aura. The partnership, which will […]

Mastercard Becomes Official Partner of Esports World Cup in Riyadh
Sponsorship Enhances Digital Experience and Supports Saudi Vision 2030 RIYADH, Saudi Arabia — July 18, 2024 — The Esports World Cup Foundation (“EWCF”) is proud to announce Mastercard as an Official Partner of this year’s Esports World Cup (“EWC”), the world’s largest gaming festival set to take place this summer in Riyadh, Saudi Arabia. Through curating an exciting, one-of-a-kind […]

Mastercard launches a university challenge on financial inclusion for the SDGs in partnership with the Ministry of Sustainable Development, BENEFIT, Tamkeen and StartUp Bahrain
Riyadh, Saudi Arabia, 10 July, 2024 – Today, Mastercard, in partnership with the Ministry of Sustainable Development of Bahrain, launched the Mastercard Challenge on Financial Inclusion for the SDGs under the theme ‘Solving for the Future’. Run in collaboration with The BENEFIT Company, The Labour Fund (Tamkeen) and StartUp Bahrain, the competition invites Bahrain’s university students […]

Mastercard and LuLu Group forge multimarket partnership to drive sustainability, innovation and efficiency in retail payments
Riyadh, Saudi Arabia- 4 July 2024: Following a decade-long partnership in the retail sector, Mastercard and LuLu Group join hands to foster sustainability, innovation, and efficiency in payments across multiple markets. Extending across six markets, including Bahrain, Kuwait, Oman, Qatar, UAE and now Saudi Arabia, the partnership will see an integration of Mastercard’s expertise into Lulu Group’s […]

Mastercard Move collaborates with urpay to enable convenient and secure cross-border payment services
Agreement will see Mastercard and urpay work together to empower consumers with access to leading cross-border and remittances services through urpay digital wallet Riyadh, Saudi Arabia – 24, June 2024 – As part of its mission to connect and power an inclusive digital economy, Mastercard has signed a strategic agreement with urpay to offer urpay consumers across […]

Mastercard and HSBC Middle East accelerate travel payment innovation through bank’s first wholesale travel program
Riyadh, KSA; 29 May 2024: Mastercard has joined forces with HSBC Middle East to launch Mastercard Wholesale Program in the region. The move marks the continuation of a long-standing strategic partnership between the two companies and aims to advance automation of buyer and supplier payments for HSBC’s travel merchant customers. By leveraging virtual cards to digitize […]

Mastercard and Payment24 collaborate to boost EMV adoption in EEMEA’s fleet sector
26 May 2024, Riyadh, Saudi Arabia: Mastercard and Payment24 are extending their engagement across Eastern Europe, Middle East and Africa (EEMEA) to help bolster security and drive innovation within the fleet and fuel payment industry across the region. The EMV standard, now being implemented in over 80 markets, has dramatically reduced the incidence of counterfeit card […]

Mastercard partners with The BENEFIT Company to drive payment innovation and financial inclusion in Bahrain
Riyadh, Saudi Arabia – 08 May 2024: Mastercard has signed a memorandum of understanding (MoU) with The BENEFIT Company (BENEFIT), Bahrain’s leading fintech company and the national electronic payment infrastructure operator, to explore opportunities for collaboration in driving innovation and financial inclusion in the country’s dynamic payments ecosystem. Under the terms of the agreement, the two […]

MENA region leads global growth in luxury travel, reveals Mastercard Affluent Travel report
Riyadh, Saudi Arabia; 7 May 2024: The Middle East and North Africa (MENA) region has emerged as one of the main regions driving growth in affluent travel, recording high spends, while also displaying an appetite for sustainable eco-luxury and meaningful cultural experiences. Mastercard’s latest report, ‘Affluent Travel: A Middle East Perspective’, released during the Arabian Travel Market 2024, unpacks […]

Mastercard redefines strategic leadership roles to drive focus on growth and digital transformation across Middle East markets
The technology giant appoints Adam Jones as Division President for West Arabia Riyadh, Saudi Arabia – 6 May 2024: Mastercard has announced strategic enhancements to its leadership roles in the MENA region. The move is part of the company’s efforts to strengthen its regional leadership with a focus on fast-tracking growth, deepening stakeholder engagement and enhancing […]

Mastercard collaborates with SingleView to usher in new era of commercial efficiency
Riyadh, Saudi Arabia; 01 May 2024: Mastercard is collaborating with SingleView to empower businesses across the region with greater access to corporate and commercial solutions powered by SingleView technology. The strategic agreement will see the two partners work closely together to enable enterprises in the Kingdom to unlock the value of data safely and securely. Leveraging […]

Third edition of Mastercard Women SME Leaders Awards to celebrate success of women business leaders in EEMEA region
Riyadh, Saudi Arabia; 30 April 2024: Mastercard announces the return of Women SME Leaders Awards for its third edition, shining a spotlight on the remarkable achievements of women-owned and led businesses across Eastern Europe, Middle East, and Africa (EEMEA). Nominations are now open for the awards, inviting entries from women-owned and operated SMEs with a turnover of less than […]

Mastercard and Women Choice expand partnership to further invest in the development of women entrepreneurs across Middle East and Africa
2 April 2024 – Riyadh, Saudi Arabia: Mastercard and Women Choice have expanded their partnership to launch two programs – ImpactHer and EmpowerHer – to support women entrepreneurs grow their business and create jobs across the Middle East and Africa. Women Choice – an international organization dedicated to advancing women’s personal and professional development – launched the […]

Mastercard and First Abu Dhabi Bank ink exclusive long-term global partnership to redefine the region’s payments landscape
Riyadh, Saudi Arabia – 07 March 2024: Mastercard and First Abu Dhabi Bank (FAB), the largest bank in the UAE, have announced an exclusive long-term global partnership, building on their long-standing collaboration, in the Eastern Europe, Middle East, and Africa (EEMEA) region. The landmark deal spans four markets – the UAE, Saudi Arabia, Oman, and Egypt – […]

Mastercard partners with Loop to launch innovative payment solutions in Saudi Arabia
Riyadh, Saudi Arabia; February 29, 2024: Mastercard has partnered with Loop, a leading digital payments technology company licensed by SAMA, to empower businesses and consumers across the Kingdom with greater access to advanced credit card offerings and innovative payment solutions. The partnership will see Loop expand its portfolio, enhance its suite of products and services through […]

PAYMOB AND MASTERCARD PARTNER TO ACCELERATE DIGITAL PAYMENT ACCEPTANCE IN MENA
Riyadh, Saudi Arabia, January 24, 2024 – Paymob, the leading financial services enabler in the Middle East, North Africa and Pakistan (MENA-P), has announced a partnership with Mastercard to accelerate digital payment acceptance across the MENA region. The strategic omnichannel partnership will leverage Paymob’s payments infrastructure and Mastercard’s payments technology to scale the adoption of low-cost solutions […]

tiqmo signs agreement to exclusively launch Mastercard prepaid cards through its mobile application in Saudi Arabia.
Riyadh, Kingdom of Saudi Arabia; January 15th, 2023 – tiqmo, a leading innovative fintech application licensed by the Saudi Central Bank (SAMA), has signed an exclusive issuing partnership agreement with Mastercard to issue prepaid cards in the Kingdom of Saudi Arabia. Using Mastercard’s diverse range of solutions, including the technology company’s Cross-Border Payment services and tokenization, […]
