Mastercard, Checkout.com, and Careem Collaborate to Transform Real-Time Payments in the UAE

Mastercard, Checkout.com, and Careem have come together for a transformative initiative aimed at revolutionizing real-time payments in the United Arab Emirates (UAE). By leveraging the power of technology and strategic partnerships, this collaboration seeks to enhance the speed, convenience, and security of money transfers and daily services for customers across the country.

Integration of Mastercard Send into Careem Pay

With the integration of Mastercard Send into Careem Pay, customers can experience a significant increase in the efficiency of their financial transactions. By leveraging Mastercard’s reliable payment infrastructure, Careem Pay users can benefit from faster, safer, and more convenient money transfers and access to daily services. This integration will undoubtedly streamline the payment process, ensuring seamless experiences for customers.

Mastercard’s Focus on an Inclusive Digital Economy

At the heart of Mastercard’s ambition lies a commitment to fortify an inclusive digital economy. With a focus on safe, smart, and straightforward transactions, Mastercard aims to create an ecosystem that caters to the evolving needs of consumers and businesses. By joining forces with Checkout.com and Careem, Mastercard is driving innovation in the payment landscape while ensuring accessibility for all.

Empowering Businesses with Checkout.com

Checkout.com, a leading provider of payment solutions in the digital landscape, has partnered with Mastercard to enhance its wallet top-up service for Mastercard cardholders in the UAE. Leveraging the extensive capabilities of Mastercard Send and its vast payment network, Checkout.com empowers businesses to offer advanced payment services and seamless user experiences. This collaboration opens doors for new use cases, ensuring a seamless and convenient top-up experience for Mastercard users in the UAE.

Careem’s Seamless Daily Services

Careem, a well-established platform offering a plethora of daily services, takes pride in its ability to provide users with seamless experiences. From navigating through busy streets to ordering items and conducting money transfers, Careem has become a go-to platform for customers across the UAE. Through this collaboration, Careem Pay aims to simplify payment experiences and enable access to innovative FinTech products, offering near-real-time payments with enhanced convenience and security, ultimately supporting financial inclusion.

Mastercard Send: Shaping the Future of Payments in the UAE

Mastercard Send in the UAE is set to lead the future of payments by facilitating quick refunds, enhancing person-to-person (P2P) and international money transfers, and supporting the retail and delivery sectors. This transformative initiative will empower businesses and consumers alike by offering faster and more secure payment solutions. With a focus on speed, convenience, and reliability, Mastercard Send will shape the payments landscape in the UAE, driving progress and economic growth.

Expanding Innovative Payment Options

Mastercard is proactively working with partners to enhance and expand innovative payment options. By scaling Mastercard Send across different segments and use cases, the company aims to provide consumers with a wider range of choices when it comes to making payments. This collaborative approach helps drive the growth of digital wallets and paves the way for exciting possibilities in the realm of real-time payments.

Exploring New Use Cases with Checkout.com

Checkout.com, in collaboration with Mastercard, is embracing the opportunity to explore new use cases in the payment industry. By leveraging the extensive capabilities of Mastercard Send and its strong network, Checkout.com aims to offer advanced payment services and seamless user experiences during wallet top-ups. This collaboration sets the stage for further innovations that will enhance the overall payment experience for users in the UAE.

Careem Pay: Simplifying Payment Experiences and Promoting Financial Inclusion

With a strong emphasis on simplifying payment experiences and promoting financial inclusion, Careem Pay plays a crucial role in this collaboration. By offering near-real-time payments with convenience and security, Careem Pay continues to support users in accessing a range of FinTech products. This commitment to financial inclusion ensures that individuals from all walks of life can participate in the digital economy and benefit from the convenience of real-time payments.

The collaboration between Mastercard, Checkout.com, and Careem marks a significant milestone in the UAE’s payment landscape. By joining forces, these companies are driving the growth of digital wallets, enhancing the range of innovative payment options available to consumers. Through the integration of Mastercard Send into Careem Pay, users can expect speed, convenience, and enhanced security for their money transfers and daily transactions. This transformative initiative not only supports the growth of an inclusive digital economy but also reinforces the UAE’s position as a leader in real-time payments innovation.

Explore more

Agentic AI Redefines the Software Development Lifecycle

The quiet hum of servers executing tasks once performed by entire teams of developers now underpins the modern software engineering landscape, signaling a fundamental and irreversible shift in how digital products are conceived and built. The emergence of Agentic AI Workflows represents a significant advancement in the software development sector, moving far beyond the simple code-completion tools of the past.

Is AI Creating a Hidden DevOps Crisis?

The sophisticated artificial intelligence that powers real-time recommendations and autonomous systems is placing an unprecedented strain on the very DevOps foundations built to support it, revealing a silent but escalating crisis. As organizations race to deploy increasingly complex AI and machine learning models, they are discovering that the conventional, component-focused practices that served them well in the past are fundamentally

Agentic AI in Banking – Review

The vast majority of a bank’s operational costs are hidden within complex, multi-step workflows that have long resisted traditional automation efforts, a challenge now being met by a new generation of intelligent systems. Agentic and multiagent Artificial Intelligence represent a significant advancement in the banking sector, poised to fundamentally reshape operations. This review will explore the evolution of this technology,

Cooling Job Market Requires a New Talent Strategy

The once-frenzied rhythm of the American job market has slowed to a quiet, steady hum, signaling a profound and lasting transformation that demands an entirely new approach to organizational leadership and talent management. For human resources leaders accustomed to the high-stakes war for talent, the current landscape presents a different, more subtle challenge. The cooldown is not a momentary pause

What If You Hired for Potential, Not Pedigree?

In an increasingly dynamic business landscape, the long-standing practice of using traditional credentials like university degrees and linear career histories as primary hiring benchmarks is proving to be a fundamentally flawed predictor of job success. A more powerful and predictive model is rapidly gaining momentum, one that shifts the focus from a candidate’s past pedigree to their present capabilities and