Basata Holding has increased its stake in MadfoatCom to 25%, enhancing digital payment services in Jordan. The strategic acquisition, in partnership with major Jordanian financial institutions, aims to expand financial inclusion and improve digital infrastructure. The collaboration focuses on enhancing payment solutions, particularly for small and medium-sized enterprises (SMEs).
Trevi, an e-payment and loyalty app, has launched in Egypt, offering secure transactions, instant cashback, and rewards with no cap. Partnering with Paymob, Trevi aims to revolutionize digital payments, targeting 11.4 million users by 2029. Upcoming features include SNPL and Lending & Leasing services for a comprehensive financial solution.
EazyPay has partnered with Receiptable to integrate digital receipt solutions into its payment ecosystem in Bahrain. The collaboration aims to enhance customer experiences with seamless, eco-friendly, and secure digital receipts, aligning with both companies’ commitment to innovation and sustainability in the financial sector.
Pass Delivery has partnered with SkipCash to introduce Card on Delivery (CoD), allowing customers in Qatar to make secure cashless payments for doorstep deliveries. This collaboration aims to streamline transactions, enhance security, and reduce cash-handling risks, contributing to Qatar’s shift toward a cashless society.
Kuwait International Bank (KIB) has signed a strategic MoU with PayTabs Kuwait to enhance its digital payment solutions for businesses. The partnership aims to provide customized services for merchants, fostering economic growth, and supporting digital transformation in Kuwait. This move reinforces KIB’s commitment to expanding its customer base.
e& enterprise has partnered with PayPal for a three-year collaboration to enhance payment capabilities through its digital payments platform. The integration will allow businesses in the UAE and beyond to adopt PayPal seamlessly, expanding cross-border commerce and enhancing global market reach through simplified payment processing.
dLocal, a Uruguay-based payment platform, is capitalizing on Egypt’s growing digital commerce market by offering local payment methods like mobile wallets and bank transfers. Despite cash dominance, Egypt’s e-commerce sector saw a 318% revenue increase for dLocal in Q3 2024, positioning the company as a key player in Africa’s fintech space.
stc pay Bahrain and PLDT Global have signed a strategic partnership at LEAP 2025 to integrate PLDT Global’s services into stc pay’s app. This collaboration will offer the Filipino community in Bahrain flexible digital payment solutions, including mobile wallet top-ups, bill payments, and more, driving digital transformation and business growth.
Visa hosted its first Visa Connect Amman event, uniting 150 participants from Jordan, Iraq, Lebanon, and Palestine to discuss the future of digital payments. The event explored trends in digitization, AI-driven solutions, and opportunities for business growth, marking a significant milestone in Visa’s efforts to drive innovation in the Levant region.
Arab Financial Services (AFS) has partnered with Nsano to enhance digital payments across Sub-Saharan Africa. By integrating AFS’s card processing services into Nsano’s mobile money infrastructure, the partnership will enable Visa and Mastercard processing, boosting financial inclusion and providing more payment options for financial institutions and merchants in the region.
