Tag Archives: Mastercard

Whish Money collaborates with Mastercard Move to bring seamless cross-border payments to Lebanon

Users in Lebanon can send money abroad to over 50 countries, while Lebanese living overseas can send money home

Dubai, UAE: 21 August 2025: Whish Money has collaborated with Mastercard to enable inbound and outbound remittance flows for consumers in Lebanon. People in Lebanon can send money abroad to over 50 countries, while Lebanese living overseas can send money home.  The new collaboration leverages Mastercard Move’s money movement solutions and its global network of operators to provide a service that will enable millions of Lebanese worldwide to send and receive faster, safer and near real-time money transfers through Whish Money.

With the collaboration, Whish Money users in Lebanon will be able to start sending money cost-effectively through the Whish Money mobile application to 50+ countries in near real-time. Depending on the receive market, senders can choose how beneficiaries receive the funds, whether into their bank accounts, mobile wallets or by cash. The Lebanese senders now also have the option of using their cards to fund their Whish Money wallet, in addition to using cash. This is Mastercard’s first collaboration with a mobile wallet in Lebanon to facilitate remittances.

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Mastercard, IFZA and Global Tax Assistant launch AI-driven digital business registration process to accelerate SME growth in UAE

  • Collaboration offers streamlined, discounted services for Mastercard business credit cardholders
  • AI-driven onboarding reduces friction and costs associated with business setup and compliance

Dubai, UAE; 11 August 2025: Mastercard has joined forces with IFZA, one of the fastest-growing free zones in the UAE, and Global Tax Assistant, an international consulting firm, to launch a fully digital, AI-driven business registration journey in the UAE. The collaboration aims to accelerate the growth of the country’s small- and medium-sized enterprises (SMEs) and pave the way for their expansion across the Eastern Europe, Middle East and Africa (EEMEA) markets.

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Mastercard research highlights urgent need for UAE SMEs to stay ahead of evolving cyber threats

  • 47% of small businesses in the country have experienced a cyberattack
  • Top five cyber threats to SMEs in the UAE include malware, digital skimming, hacking, phishing and ransomware
  • The survey notes that small businesses are actively seeking partners and solutions to bridge knowledge gaps and fortify defenses

Dubai, UAE; 23 April 2025: Readiness to tackle cyber threats has never been more critical to building a secure and resilient digital future for small businesses, according to Mastercard’s latest research on cybersecurity risks facing SMEs. The study was conducted across five countries worldwide among more than 5,000 small and medium business owners, including over 1,000 in the UAE.

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HEC Paris, Doha Collaborates with Mastercard: Unveiling the Mastercard Fellowship Program in AI

Doha, Qatar – 10 April 2025: HEC Paris, the world’s top-ranked business school for Executive Education, has entered into a strategic engagement with Mastercard, becoming the official academic collaborator for Mastercard’s executive education programs in Qatar. The collaboration was officially marked by a signing ceremony at HEC Paris’ state-of-the-art Doha campus, reinforcing a shared commitment to advancing executive education in the region.

This collaboration combines HEC Paris’ globally recognized academic expertise with Mastercard’s industry leadership in payments technology, offering transformative learning experiences tailored for business leaders across Eastern Europe, Middle East, and Africa (EEMEA) region.

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Al Etihad Payments and Mastercard collaborate to launch “Jaywan – Mastercard” debit and prepaid cards in the UAE

Abu Dhabi, UAE; 12 March 2025: Al Etihad Payments (AEP), a wholly owned subsidiary of the Central Bank of the UAE (CBUAE), which operates the UAE’s national card switch (UAESWITCH) and manages domestic card scheme “Jaywan”, and Mastercard have announced a strategic collaboration to launch “Jaywan – Mastercard” co-badged debit and prepaid cards in the UAE.

Jaywan-Mastercard debit and prepaid cards will enable cardholders to carry out secure, simpler, smarter and more accessible payment transactions, including e-commerce transactions, setting a new benchmark in the UAE’s payment landscape by combining innovative products and value-added services.

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