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MasterCard and SingleView collaborate to provide more efficient merchant payments solutions

MasterCard and SingleView collaborate to provide more efficient merchant payments solutions
  • This collaboration will enable SingleView to leverage MasterCard's commercial and enterprise solutions to support business financial operations.
Riyadh, Kingdom of Saudi Arabia, May 1, 2024: MasterCard announced a collaboration with SingleView to enable businesses across the region to access commercial and enterprise solutions powered by SingleView technologies.
Under this strategic cooperation, the two organizations will work together to support and enable companies in the Kingdom of Saudi Arabia to benefit from the potential provided by data in a safe and seamless manner. Leveraging MasterCard's advanced technologies and SingleView's integrated suite of services and offerings, corporate payment solutions will be available that will provide further growth opportunities for businesses in the region.
Commenting on this, Maria Medvedeva, Director of MasterCard in Saudi Arabia and Bahrain, said: “Modern and advanced technologies contribute to providing many opportunities that can support the growth of companies in the region. Nowadays, data plays an even more important role in enabling companies to become more efficient.” Our cooperation with Single View aims to harness the power of information to support our partners and customers, and we are committed to employing our resources to provide new and unique business solutions to companies and merchants, which contributes to improving the financial performance of the business sector.”
For his part, Abdulrhman Alarif, CEO of Single View, said: “We are happy with this cooperation with MasterCard, which will support our efforts in enabling companies with better customer services, which will help them improve their profits and achieve sustainable success. We are confident that cooperation with a leading company “In the field of innovation, such as MasterCard, and taking advantage of our shared resources will play a major role in enhancing companies’ competitiveness, especially in light of the growing challenges and obstacles facing the business sector. Our goal is to enhance companies’ productivity by enabling them to benefit from our innovative solutions and advanced MasterCard technologies.”
SingleView is one of the leading companies in providing cash solutions in the Kingdom of Saudi Arabia, offering innovative products and specialized solutions that enable companies in various sectors to facilitate and accelerate their financial operations, especially payment transactions. SingleView works on concluding MOUs to provide its services to many companies and entities in the Saudi market.
It is worth noting that the cooperation between MasterCard and Single View is in line with the objectives of national strategies in the region, similar to Saudi Vision 2030, as the agreement will accelerate the pace of digital transformation of financial services in the Kingdom and abroad, enabling financial technology companies and banks to harness the power of authorized data. By the consumer, improving efficiency and raising levels of security and transparency in financial operations.
MasterCard and SingleView collaborate to provide more efficient merchant payments solutions
About SingleView
SingleView, headquartered in Riyadh, Saudi Arabia, is a leading provider of open banking solutions. With partnerships established with all major Saudi banks, the company is dedicated to transforming financial services on a global scale. SingleView mission is to empower businesses in every industry to drive profitability, enhance customer engagement, and achieve long-term success. By leveraging unique technology and strategic partnerships, SingleView is at the forefront of revolutionizing the financial services landscape.
For more information about SingleView please visit singleview.com.sa
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