Ibrahim Al Qasim, Space Science Advisor, UAE Space Agency, said: “Space sector collaborations are essential for both UAE and the Philippines. As our two countries accelerate the growth and increase investments into this exciting yet nascent industry, there will be many opportunities to collaborate and share knowledge and ideas as we work together to create new avenues for space-based innovation.”

The agreement brings Paymentology’s market leading payment processing capabilities to the Paynamics platform in the Philippines, Singapore and Malaysia, and represents an important expansion to Paymentology’s strategy in the Asia Pacific region. Paynamics have been managing online payments for clients in the Philippines for over 10 years with more than 50 million transactions undertaken since launch.