MyFatoorah has announced a strategic partnership with Mastercard to launch an advanced digital payment gateway. It is a provider of digital payment solutions licensed across all GCC countries.
The collaboration which is powered by Mastercard’s Gateway platform, aims to deliver innovative payment solutions to over 75,000 merchants across the region.
By integrating Mastercard Gateway solutions, MyFatoorah will offer speed and reliability in digital transactions, advanced fraud protection, and flexible payment options tailored to customer preferences.
This partnership further aims to optimize merchants’ business processes by simplifying customer experiences and increasing transaction success rates securely and efficiently.
It will also revolutionize the regional e-commerce landscape by elevating digital shopping experiences, and enhancing customer satisfaction through advanced payment technologies.
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Leadership insights on MyFatoorah’s partnership with MasterCard
Abdullah Al-Dabbous, Founder and CEO of MyFatoorah, stated:
“The evolving consumer demands and rapid changes in the e-commerce sector push us to innovate in payment solutions. Our partnership with Mastercard reflects our commitment to making digital payments more efficient and seamless, enhancing the online shopping experience.”
Gina Petersen Skyrm, Country Manager of Mastercard for UAE and Oman, added:
“Mastercard is committed to expanding innovative payment solutions to meet the needs of evolving markets. Our partnership with MyFatoorah will strengthen our digital payment acceptance network and deliver enhanced experiences that meet consumer expectations.”
Mastercard’s Gateway platform stands out as one of the leading technologies in payment processing.
MyFatoorah’s achievements
Since its establishment in Kuwait in 2016, MyFatoorah has witnessed remarkable growth, emerging as a digital payment solutions provider for over 75,000 merchants across the GCC, Jordan, and Egypt. Its services span diverse sectors, including:
- Government.
- Education.
- Markets.
- Retail.
- Insurance.
This partnership underscores the shared commitment of MyFatoorah and Mastercard to advance the digital payment infrastructure in the region. It paves the way for a stronger digital economy, enabling merchants to deliver cutting-edge services that cater to the needs of customers in the fast-evolving world of digital commerce.
Engagement
