Mastercard and Network International Launch New Artificial Intelligence Fraud-Prevention Solution

Mastercard today announced that it is partnering with Network International, the leading enabler of digital commerce across the Middle East and Africa, to address fraud, declines and chargebacks in order to reduce costs and risk for acquirers. Through the partnership, Network will launch Mastercard’s Brighterion Artificial Intelligence (AI) technology across the region, providing transaction fraud

Mastercard and ZoodPay Join Forces to Launch First Virtual Installment Card Across EEMEA

ZoodPay will serve as Mastercard’s lending partner for consumers and SMEs across multiple geographies ZoodPay, a leading digital lending platform for e-commerce in the Middle East and Central Asia, has entered into a strategic partnership with Mastercard to launch the first-of-its-kind prepaid virtual installment card in the Eastern Europe, Middle East, and Africa (EEMEA) region.

Leading Digital Payment Solutions Provider Network International Reports Strong Strategic Delivery and Record Merchant Wins with Q4 2022 Revenue Up 13% y/y

The company, which operates across Africa and the Middle East, has seen strong underlying growth in payment transactions with an increase in merchant solutions growth acceleration vs pre-pandemic during Q4 2022. Successfully launched direct-to-merchant services in Egypt, with the first Small and medium-sized enterprises (SME) merchants onboarded and transacting through Network’s point-of-sale terminals. Figures include

Mastercard and BitOasis Sign Strategic Partnership Across MENA to Launch Crypto-Linked Cards

BitOasis customers will be able to link their crypto wallet balances to physical or virtual cards and make fiat payments across 90 million global locations using their BitOasis Mastercard Crypto Card New payment method will accelerate crypto adoption in the region by enabling customers to make payments across Mastercard’s network. BitOasis, the leading cryptocurrency platform

Mastercard and Cellulant Partner to Empower Millions of Consumers Across Africa to Join the Global Digital Commerce Market

Partnership will enable customers to pay globally with a Mastercard virtual payment solution linked to the Cellulant wallet, Tingg Mastercard’s technology will enable consumers to shop online with or without a bank account, through a simple and secure payment experience  Mastercard and Cellulant have partnered to allow millions of Cellulant customers across Africa to shop

Mastercard and Nclude Partner to Accelerate Egypt’s Fintech Ecosystem and Boost Financial Inclusion

Investments will support early-and-growth-stage fintechs tackling financial inclusion in Egypt The partnership supports the Central Bank of Egypt’s vision to establish Egypt as the Innovation Hub for fintechs across the Middle East and Africa region Mastercard has announced a strategic investment in Nclude, a fintech focused VC investment platform launched in partnership with Egypt’s leading

Leading Digital Payment Solutions Provider Network International Reports a Strong Strategic Execution with Q3 Revenue up 28% Year on Year

Network is a leading enabler of digital commerce across the Middle East & Africa, focused on helping businesses and economies prosper by simplifying commerce and payments  The company, which operates across Africa and the Middle East, has seen another quarter of financial and strategic delivery, underpinning full year expectations; Figures include positive licensing updates to

Mastercard Powers Launch of Telda’s Cobranded Prepaid Card

Unbanked Egyptians can now get a prepaid Mastercard with a seamless onboarding process The launch is a step towards creating a ripple-effect for providing financial access to millions of Egyptians Mastercard powers the launch of Telda prepaid cards, jointly issued by one of the major banks in Egypt and a fintech. The innovative payment solution

Network International Reports Strong H1 2022 Results with Revenue Up 31% and Profit Increasing 113% Reflecting Strong Trading and Strategic Delivery

Network International’s offering includes acquiring and processing services, and an ever-evolving range of value-added services The company, which operates across Africa and the Middle East, has seen financial outcomes that reflect solid trading and strategic delivery, driving strong cashflow generation; Figures include new financial institution wins and merchant signups; accelerated transaction growth; cross-selling and launching

Paysend Introduces 50 New Receiving Countries to its Global Payments Network

Paysend, the UK-based fintech with over 7 million customers, today announces that 50 new receiving countries have been introduced to its global payments network since the start of 2022. These additional payments corridors mean that Paysend customers can now send money to over 170 countries worldwide. Notable additional countries supported by Paysend include: Antigua and