Instant Payments Platform, set to go live in October 2022, aims to provide best in class payments services, promote financial inclusion and increase financial stability in the United Arab Emirates.

ACI Worldwide and Mastercard announced that they will partner to provide a wide range of real-time payment solutions globally. They will initially collaborate to offer best-in-class central infrastructure, payments localization and access solutions to central banks, scheme operators, financial institutions, payment service providers, and other organizations launching real-time payments initiatives.