Fintech firm Dgpays has teamed up with Mastercard to enhance the adoption of digital payment solutions across Eastern Europe, the Middle East, and Africa (EEMEA).
The partners will jointly develop payment technologies and loyalty programmes, customised to the specific requirements of the region.
This move is said to streamline digital payment access, with secure and practical solutions.
Additionally, Mastercard will make a minority investment in Dgpays.
The initiative is in line with the shared goal of Mastercard and Dgpays to foster economic growth by leveraging technology.
Mastercard Eastern Europe, Middle East, and Africa president Dimitrios Dosis said: “By combining Mastercard’s global network with Dgpays’ local expertise, we are creating a platform for innovation that will transform how payments are made and experienced across the EEMEA region. We extend our sincere thanks to the Investment Office of the Presidency of the Republic of Türkiye for their valuable support in making this collaboration possible.
Access the most comprehensive Company Profiles
on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Company Profile – free
sample
We are confident about the
unique
quality of our Company Profiles. However, we want you to make the most
beneficial
decision for your business, so we offer a free sample that you can download by
submitting the below form
By GlobalData
Dgpays CEO Serkan Ömerbeyoğlu said: “We are proud to welcome Mastercard as a strategic partner and investor. This milestone reflects our shared vision of innovation and inclusion in the digital payments space.
“Together, we are poised to expand our reach and deliver pioneering solutions that address the evolving needs of our clients in both emerging and established markets. Mastercard’s unparalleled expertise and global network will be invaluable as we scale our impact and deliver transformative solutions.
This September, Dgpays and Arcapita Group Holdings acquired a majority stake in NEOPAY from UAE-based Mashreq, while Mashreq continues to hold a significant minority stake in the company.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
link