MENA based FOO a B2B SaaS solution provider with offices in UAE, KSA, and Lebanon has partnered with Paymentology, global processor to provide Digital First Virtual Card Platform.
The Digital First Virtual Card platform will offer instant easy to use virtual cards for businesses across various industries. These virtual cards can be used for e-commerce transactions or app payments.
This partnership will enable businesses with seamless purchasing service that includes smooth onboarding, instant digital card issuance, real-time card management and secure online and in-store payments.
Ghady Rayess, Managing Partner at FOO, comments: “By partnering with Paymentology, we are able to take a significant step towards global expansion, and branch further outside of the Middle East and into more diverse markets such as Africa. At FOO, we envision a world where businesses can deliver a seamless digital journey for their customers. Together with Paymentology, we are ready to make this possible.”
FOO’s will provide the financial technology behind the platform as it specialises in digital solutions, built entirely in-house using a modular platform. Paymentology will carry out the card issuing process, using its unrivalled cloud-based platform and AI-enhanced technology.
Rowan Brewer, CEO at Paymentology added, “We believe in making things easy, making them happen, and making them right. So, accessibility to spending and receiving money for anyone, anywhere, has always been a key focus for us. We have on-the-ground teams with regional expertise in 49 countries across Africa, Asia, Middle East, Latin America, and Europe. This is an excellent fit with FOO’s ambitions of enabling payments in diverse markets. With the power of technology and data, we’re creating customer-focused ecosystems with ‘plug and play’ solutions – for any region – with cards that can be used worldwide. We look forward to being part of the genuine positive impact this partnership unlocks.”
