Geidea, a leading licensed fintech company in the UAE, has entered a strategic partnership with Mastercard, a global technology company in the payments industry.
The collaboration is designed to accelerate digital payment adoption among small and medium-sized enterprises (SMEs) in the UAE by enabling them to accept payments via Mastercard Gateway.
This integration will simplify payment processes for online merchants, allowing them to offer their customers a faster, more secure, and seamless transaction experience.
Geidea, a key player in the UAE’s fintech ecosystem, will leverage the cutting-edge Mastercard Gateway technology to offer comprehensive and secure payment solutions. This partnership is especially beneficial to SMEs, enabling them to easily accept payments from customers across the region, driving business growth in an increasingly digital-first economy.
Sailesh Malhotra General Manager Geidea – GCC
“We are thrilled to partner with Mastercard to deliver cutting-edge payment solutions to SMEs across the UAE. By integrating Mastercard Gateway, we are not only providing an easy-to-use solution but also empowering local merchants to keep pace with the evolving payment landscape. Our collaboration will foster growth in the region by enhancing the checkout experience and introducing new payment options that meet the demands of today’s digital-savvy consumers.”
The integration of Mastercard’s technology with Geidea’s platform will also introduce advanced features, such as Card on File, recurring payments, and enhanced fraud prevention capabilities. These innovations will ensure that businesses can offer versatile payment options and provide a frictionless, unified checkout experience for their customers.
“With the increasing use of digital wallets and contactless payments, it’s essential to provide businesses with the tools they need to meet evolving customer expectations. Our goal at Mastercard is to help merchants thrive in a fast-changing digital economy. This partnership with Geidea is an exciting milestone for us as we continue to expand our reach and support the growth of SMEs in the UAE and beyond. Through Mastercard Gateway, we are enabling companies to access world-class payment solutions that offer security, speed, and flexibility,” says Gina Petersen-Skyrme, Country Manager, UAE and Oman at Mastercard.
