Akurateco, a white-label payment gateway provider, has teamed up with DineroPay to enhance Saudi Arabia’s mobile payments sector. Together, they deployed optimised mobile wallet solutions like Apple Pay and Google Pay, tailored to meet the specific needs and preferences of the Saudi market. This collaboration highlights the growing importance of mobile payments in the Middle East as the region shifts toward digital-first financial solutions.
The partnership comes on the heels of Akurateco’s previous success with AzeriCard, where its payment solutions helped integrate Apple Pay and Google Pay. Akurateco’s solutions support secure and optimised financial services, and now, the company extends its expertise to help DineroPay expand its presence in Saudi Arabia.
As part of the collaboration, Akurateco and DineroPay have established on-premises payment infrastructure hosted on Oracle Cloud, ensuring compliance with the Saudi Arabian Monetary Authority (SAMA) data localisation requirements. This setup enhances scalability and performance while meeting regulatory standards. Additionally, the companies are leveraging network tokenization technology to reduce fraud risks and improve mobile payment security by substituting sensitive card details with secure tokens.
The partnership underscores the role of innovative payment solutions in supporting digital transformation in the MENA region. By combining their expertise, Akurateco and DineroPay aim to drive the development of mobile payments, offering businesses and consumers solutions that cater to their evolving needs and preferences.
