Pine Labs Collaborates with Leading Dubai Bank, Introduces Payment Solutions
Pine Labs, a prominent Indian merchant payment company, has forged a strategic alliance with Emirates NBD, a major banking institution in the MENAT region. Through this partnership, Pine Labs will roll out its advanced payment solutions to the bank’s corporate clientele.
Emirates NBD will integrate Pine Labs’ recently unveiled credit issuing platform to offer merchant acquiring services to its business customers. Initially available in the UAE, the services will later extend to Saudi Arabia and Egypt.
These innovative solutions aim to enhance the digital payment capabilities of the bank’s clients, catering to both online transactions and in-store purchases. With Pine Labs’ extensive expertise as a leading merchant acquirer in India, the collaboration marks a significant move for the company to establish a strong presence in the Middle East and North Africa markets.