MyFatoorah Partners with Mastercard to Launch Advanced Digital Payment Gateway

MyFatoorah, a provider of digital payment solutions licensed across all GCC countries, has announced a strategic partnership with Mastercard to launch an advanced digital payment gateway. Powered by Mastercard’s Gateway platform, this collaboration aims to deliver innovative payment solutions to over 75,000 merchants across the region.

Enhancing the Digital Payment Experience

By integrating Mastercard Gateway solutions, MyFatoorah will offer:

• Speed and reliability in digital transactions.
• Advanced fraud protection.
• Flexible payment options tailored to customer preferences.

This partnership aims to optimize merchants’ business processes by simplifying customer experiences and increasing transaction success rates securely and efficiently.

A Game-Changer for E-Commerce

The partnership aspires to revolutionize the regional e-commerce landscape by:

• Elevating digital shopping experiences.
• Enhancing customer satisfaction through advanced payment technologies.
• Mitigating fraud risks and ensuring transaction security.

Leadership Insights

Abdullah Al-Dabbous, Founder and CEO of MyFatoorah, stated:
“The evolving consumer demands and rapid changes in the e-commerce sector push us to innovate in payment solutions. Our partnership with Mastercard reflects our commitment to making digital payments more efficient and seamless, enhancing the online shopping experience.”

Gina Petersen Skyrm, Country Manager of Mastercard for UAE and Oman, added:
“Mastercard is committed to expanding innovative payment solutions to meet the needs of evolving markets. Our partnership with MyFatoorah will strengthen our digital payment acceptance network and deliver enhanced experiences that meet consumer expectations.”

Innovative Solutions for Secure Transactions

Mastercard’s Gateway platform stands out as one of the leading technologies in payment processing, offering:

• Advanced fraud protection.
• Speed and efficiency in operations.
• Comprehensive services catering to banks, merchants, and small businesses.

MyFatoorah’s Achievements

Since its establishment in Kuwait in 2016, MyFatoorah has witnessed remarkable growth, emerging as a digital payment solutions provider for over 75,000 merchants across the GCC, Jordan, and Egypt. Its services span diverse sectors, including:

• Government.
• Education.
• Markets.
• Retail.
• Insurance.

A Bright Future for Digital Commerce

This partnership underscores the shared commitment of MyFatoorah and Mastercard to advance the digital payment infrastructure in the region. It paves the way for a stronger digital economy, enabling merchants to deliver cutting-edge services that cater to the needs of customers in the fast-evolving world of digital commerce.