Visa and NEOPAY, the payment subsidiary of Mashreq, have joined forces to introduce an installment payment solution to the United Arab Emirates (UAE). The partnership aims to provide consumers with greater flexibility and convenience when making purchases, the companies said in a Thursday (Sept. 14) press release. The...
Mashreq has launched electronic facial recognition (EFR) technology to facilitate the onboarding of large corporate clients. With the implementation of this technology, UAE-based large corporate banking clients can open bank accounts in an entirely paperless onboarding process, Mashreq said in a Wednesday (July 5) press release....
In today’s top news from Europe, the Middle East and Africa (EMEA), South African retailer Massmart struggles to stay afloat, and financial institution Mashreq unveils a business service platform for small- to medium-sized businesses. Walmart-Owned Massmart Can’t Overcome Pandemic, Inflation, Other Hurdles With Walmart set...
Mashreq, a financial institution based in the United Arab Emirates, has debuted a non-banking business services platform, Mashreq Business Banking Value Added Services, for small businesses, a press release said Monday (Aug. 1). The platform will give businesses access and discounts to a number of...
April 01, 2024
Indian citizens visiting or working in the United Arab Emirates can now use the PhonePe app to make payments using the United Payments Interface (UPI) at Mashreq’s Neopay terminals. These transactions are facilitated by UPI, and the account debit will occur in Indian rupees, with the terminals showing the currency exchange rate, PhonePe said in a Thursday (March 28) press release. Non-resident […]
July 05, 2023
Mashreq has launched electronic facial recognition (EFR) technology to facilitate the onboarding of large corporate clients. With the implementation of this technology, UAE-based large corporate banking clients can open bank accounts...
