Dapi, a fintech company based in the UAE and part of Hub71’s global tech ecosystem, has announced a strategic partnership with global technology company Mastercard. The collaboration aims to introduce account-to-account (A2A) payments on Mastercard Payment Gateway Services (MPGS). The partnership was formalized at Seamless Middle East, a prominent event focusing on the evolving landscape of digital commerce.
The partnership leverages Dapi’s expertise in open banking and Mastercard’s extensive range of payment solutions to offer businesses in the UAE a secure and streamlined A2A payment solution within the MPGS ecosystem. This collaboration addresses the changing needs of consumers and aims to enhance the overall payment experience. The partnership was facilitated through Hub71, which plays a key role in connecting its corporate partners with startups to create commercial and market opportunities.
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The joint efforts of Dapi and Mastercard aim to foster financial inclusion, drive innovation and promote growth in the digital economy of the region. This partnership has the potential to significantly enhance the payment experience for hundreds of thousands of merchants, revolutionizing seamless financial transactions on a large scale.