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Hasadnews –\u00a0 <\/strong><\/span>Zain Cash announced a collaboration with Mastercard to advance the adoption of digital payments and develop the fintech\u2019s card portfolio in Jordan. The fintech company will implement value-added services and platforms to deliver innovative payment solutions, offering fast, seamless and secure payments solutions in the Kingdom.<\/p>\n \n The collaboration features Zain Cash\u2019s Mastercard prepaid, credit card portfolio and SMEs solutions. In addition, Mastercard will support the fintech company in setting up its Innovation Hub in Jordan, where they will co-create innovative payment solutions and services.<\/p>\n \n \u201cAt Zain Cash, we are committed to facilitating equal access to advanced payment solutions for Jordan\u2019s people and businesses. We are pleased to strengthen our relationship with Mastercard, enabling us to enhance our comprehensive offerings and expand our presence in the digital-first, multi-currency, SME, and ecommerce spaces,\u201d said Sultan Kashoura, CEO, Zain Cash.<\/strong><\/p>\n \u00a0<\/strong><\/p>\n \u201cMastercard is dedicated to leveraging advanced technology to build a seamless and secure payment ecosystem, boost financial inclusion and achieve a scalable positive impact on the region\u2019s digital economy. Our collaboration with Zain Cash, a pioneering fintech company, aligns with our shared vision for driving digital payment acceptance and supports the objectives of Jordan\u2019s National Digital Transformation Strategy<\/a>,\u201d said \u00a0<\/strong>Saud Swar, country manager\u00a0for Saudi Arabia, Bahrain, Jordan and other Levant. <\/strong><\/p>\n \n Zain Cash provides a secure and convenient platform for individuals and businesses to conduct financial transactions and process monthly payments. Its services include money transfers, digital payments, bill payments and mobile wallet top-ups. Since its launch in 2011, the fintech company has become a significant player in Jordan\u2019s prepaid market and Mastercard\u2019s top cross-border issuer in the country. In 2023, Zain Cash introduced Mastercard World, Platinum and Standard, creating a buzz for its parent company Zain as the first telco in the region to issue credit cards.<\/p>\n \u00a0<\/strong><\/p>\n END<\/p>\n \n About Mastercard<\/em><\/strong><\/p>\n Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we\u2019re building a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.<\/p>\n