Home Banking & Finance Emirates NBD, Pine Labs partner to strengthen merchant acquiring solutions

Emirates NBD, Pine Labs partner to strengthen merchant acquiring solutions

The bank plans to deliver cutting-edge merchant-acquiring processing solutions for its clients in the UAE, with plans to expand to Saudi Arabia and Egypt

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Emirates NBD has partnered with Pine Labs, a prominent merchant commerce omnichannel platform, to ensure that companies across the region have access to the latest, and best, payment solutions.

Emirates NBD is expanding its offering by leveraging Pine Labs’ Credit+ platform as part of its growth plans to deliver cutting-edge merchant-acquiring processing solutions for its corporate and institutional clients in the UAE, with plans to expand to Saudi Arabia and Egypt.

The expanded suite of solutions will empower the bank’s clients to improve their digital payment system for both online and in-store payments.

“As a leading bank in the region and a key driver of digitalisation in the banking industry, aligning our strategic priorities with our customers’ evolving needs is a core priority for us. Our partnership with Pine Labs will enhance our merchant acquiring services, providing our corporate and institutional clients with cutting-edge technology and innovative payment solutions,” said Ahmed Al Qassim, Group Head of Wholesale Banking at Emirates NBD.

“This expansion ensures we continuously offer a comprehensive array of value-added options for their payment needs. We are dedicated to empowering our clients in a rapidly digitizing world and remain committed to supporting businesses on this journey.”

Pine Labs’ partnership with Emirates NBD reflects its extensive experience working with leading banks and brands.

The company’s end-to-end capabilities in stored-value solutions, in-store payment solutions, expertise in online payment gateway solutions and ability to set up robust fintech infrastructures make Pine Labs a formidable partner and a truly omnichannel platform for banks, merchants, and enterprise customers.