{"id":25068,"date":"2021-05-24T14:00:00","date_gmt":"2021-05-24T11:00:00","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=25068"},"modified":"2026-03-27T22:28:09","modified_gmt":"2026-03-27T19:28:09","slug":"mastercard-welcomes-nec-payments-as-a-global-partner-of-fintech-express","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/mastercard-welcomes-nec-payments-as-a-global-partner-of-fintech-express\/","title":{"rendered":"Mastercard welcomes NEC Payments as a Global Partner of   Fintech Express"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">S<strong>audi Arabia &#8211; 24 May 2021: <\/strong>Mastercard has announced that the Bahrain-based NEC Payments is now a global partner of Mastercard Fintech Express, which connects tech-savvy startups with traditional players such as banks. The program supports digital payment innovators by making it simple to collaborate with the tech company and its partners to launch new products, add payment solutions and innovate through collaboration.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The partnership will enable other fintech players to start their Mastercard issuing business at speed, unlocking more opportunities for the entire ecosystem. NEC Payments is the first Fintech Express partner globally, bringing new scale to the possibilities and potential for start-ups.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2021\/05\/J.K.-Khalil-Country-Manager-Saudi-Arabia-Bahrain-Levant-Mastercard..png\"><img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"768\" src=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2021\/05\/J.K.-Khalil-Country-Manager-Saudi-Arabia-Bahrain-Levant-Mastercard..png\" alt=\"J.K. Khalil, Country Manager, Saudi Arabia, Bahrain &amp; Levant, Mastercard.\" class=\"wp-image-25070\" srcset=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2021\/05\/J.K.-Khalil-Country-Manager-Saudi-Arabia-Bahrain-Levant-Mastercard..png 960w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2021\/05\/J.K.-Khalil-Country-Manager-Saudi-Arabia-Bahrain-Levant-Mastercard.-300x240.png 300w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2021\/05\/J.K.-Khalil-Country-Manager-Saudi-Arabia-Bahrain-Levant-Mastercard.-768x614.png 768w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cIn a constantly changing market environment, Mastercard is continuously adapting by creating new programs and partnerships to enable diversification, drive digital transformation and accelerate new players. We are delighted to welcome NEC Payments as our global partner as we together support fintech innovation, and creation of more connections, better user experiences, wider inclusion, increased competitiveness and exciting new possibilities,\u201d said <strong>J.K. Khalil, Country Manager, Saudi Arabia, Bahrain &amp; Levant, Mastercard.&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mastercard Fintech Express was launched last year and is split into three core modules. <span style=\"font-weight: 600;\"><i>Access enables<\/i><\/span> regulated entities to obtain a Mastercard license and access their network through a streamlined onboarding process. <strong><em>Build<\/em><\/strong> helps fintech as processors to become an Express Partner by building unique tech alliances and benefiting from advantages that Mastercard provides. <strong><em>Connect<\/em><\/strong> makes it easy for startups who want to add payment solutions to their suite of products, to connect with qualified Express Partners available on the <a href=\"https:\/\/www.mastercard.us\/ui\/marketing\/engage\/#\/en\/home\/for-fintechs\" target=\"_blank\" rel=\"noreferrer noopener\">Mastercard Engage web portal<\/a>, and go live with Mastercard in a matter of days.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">NEC Payments is a digital banking technology and payment services provider licensed and regulated by the Central Bank of Bahrain. Formed in 2014 with the objective of supporting the growth of the financial services industry in GCC; the fast-growing company now provides its innovative technical and digital financial services solutions to banks and non-financial institutions across the GCC and broader EMEA region and recently broke ground in North America.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Andrew Sims, CEO, NEC Payments<\/strong> said: \u201cWe continue to develop our extensive business capabilities in partnership with Mastercard and look forward to meeting the needs of upcoming startups as they scale and expand, adding value as an enabler to the fintech ecosystem and as the first vertically-integrated true Banking-as-a-Service provider in the MENA region.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In addition to Mastercard\u2019s growth-focused digital expertise, the technology company has the global reach, network of partners, and local knowledge to support fintech at every stage of growth \u2013 from market entry to global expansion. Through programs such as\u00a0<a href=\"https:\/\/www.startpath.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Start Path<\/a>\u00a0and Fintech Express in the\u00a0<a href=\"https:\/\/www.mastercard.us\/en-us\/issuers\/products-and-solutions\/grow-manage-your-business\/fintech.html\" target=\"_blank\" rel=\"noreferrer noopener\">Mastercard Accelerate<\/a>\u00a0portfolio, the technology company partners with emerging innovators to help connect 1 billion people to the digital economy by 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia &#8211; 24 May 2021: Mastercard has announced that the Bahrain-based NEC Payments is now a global partner of Mastercard Fintech Express, which connects tech-savvy startups with traditional players such as banks. The program supports digital payment innovators by making it simple to collaborate with the tech company and its partners to launch new [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":20731,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"1","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-25068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized 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