Checkout.com, Mastercard Partner to Enhance Payment Solutions in UAE

Building on their previous collaboration, Checkout.com and Mastercard have teamed up to offer seamless money transfers for individuals and businesses in the UAE. Through Mastercard Move’s innovative money movement solutions, Checkout.com will enable customers to send funds directly to Mastercard cards, providing a fast, secure, and convenient payment experience.

This collaboration supports a variety of use cases, including insurance disbursements, wallet cashouts, and refunds, ensuring businesses and individuals can access greater flexibility and speed in their financial transactions.

CFI Financial Group, a global online trading provider, is one of the first customers to adopt Mastercard Move capabilities through Checkout.com.

Mete Guney, Executive Vice President, Commercial and New Payment Flows for Eastern Europe, Middle East, and Africa at Mastercard, said, “At Mastercard, we are dedicated to leading the digital transformation in the markets we serve. Our collaboration with Checkout.com is a major step toward delivering innovative payment solutions for consumers and businesses. Together, we aim to set a new standard for payment technologies in the region, enabling faster, more secure payment flows to meet evolving customer needs.”

Remo Giovanni Abbondandolo, General Manager, MENA at Checkout.com, commented, “Mastercard has long been a trusted partner in our mission to modernize the global payment ecosystem. We are excited to introduce the next phase of Mastercard Move, empowering businesses with streamlined payment solutions. This partnership reflects our commitment to faster, more secure disbursements, helping businesses succeed in a rapidly evolving digital landscape.”

Mastercard Move is a comprehensive portfolio of money movement capabilities, enabling a range of payment experiences such as person-to-person payments, business payments, and disbursements. The platform’s global reach spans 180 countries and over 150 currencies, providing access to more than 95% of the world’s banked population.