News

EcoFlow Power Kits Provide Power When You Need It Most

The compact and modular power packs are perfect for leisure use, but will also provide vital electricity during power outages.

Published

3 years ago

October 27, 2022

Nour Nasir

EcoFlow

EcoFlow, the company that created the world’s first eco-friendly portable power generators, has announced the official arrival of its products in the Middle East, and is preparing to team up with local dealers.

So what are EcoFlow’s products all about, and what makes them so useful? Put simply, the plug-and-play power stations are large, portable battery banks — think of them as a scaled-up version of the portable USB backup batteries available for phones and laptops.

EcoFlow Power Kits feature large lithium-ion batteries, with base capacities of 2KWh, with expansion modules available to boost that to 15KWh. However, unlike smaller smartphone batteries, EcoFlow’s solutions act more like a traditional petrol generator — except far cleaner and quieter — as they feature built-in inverters that will easily cope with the power demands of fridge freezers, right up to (depending upon model) an entire house or apartment.

As well as recreation-focused portable power packs, the company also produces a wide range of products to enable households to survive off-grid — or at least smooth out patchy mains supplies — an especially useful feature in countries such as Lebanon, where people often encounter severe delivery issues due to the lack of a government-provided power supply.

Also Read: Saudi Arabia To Build 150,000 EVs Annually By 2026

The modular components are designed for permanent installation, and include an AC/DC Smart Distribution Panel, Power Kit Console and various add-ons, including solar panels. Unlike building a traditional system of this type, EcoFlow’s kits are inherently safe, as they require zero custom wiring.

The idea of smart living has become a significant trend of late, and the number of smart homes is predicted to surpass 350 million by 2023. Ecoflow is well positioned to take advantage of that shift, with a range of products that allow users to build a fully connected, energy-efficient home with off-grid capabilities.

News

Stake Powers Instant Payouts With Checkout.com Pay To Card

The new feature lets investors in the UAE, KSA, and UK receive real estate returns in minutes — cutting withdrawal times to under 10 minutes.

Published

2 days ago

June 19, 2025

Nour Nasir

stake powers instant payouts with checkout.com pay to card

Stake, a leading digital real estate investment platform, has unveiled Pay to Card, a next-generation withdrawal feature built on Checkout.com’s global payment infrastructure. The integration enables investors to have dividends and returns credited directly to their bank cards — often within minutes — dramatically reducing the traditional multi-day payout process.

After a successful pilot in May involving over 200 users, some investors reported receiving their funds in under 10 minutes. Ricardo Brizido, CPTO and Co-Founder of Stake, emphasized the importance of speed and reliability: “With Pay to Card, we’re eliminating unnecessary delays and putting returns in our investors’ hands almost instantly. This feature was built to directly solve one of the most common pain points in real estate investing, and it’s already driving strong results”.

The feature launch coincides with rapid growth in real-time finance across the Middle East. Checkout.com’s “State of Digital Commerce in MENA 2025” report highlights a 388% year-on-year surge in Account Funding Transactions (AFTs) in the UAE, reflecting strong demand for immediate payout solutions. The same study recorded a 176% increase in total processing volume from 2023 to 2024 and noted that daily online transactions have jumped 320% since 2020.

Since its 2021 debut, Stake has facilitated over AED 1 billion in property transactions, advancing its mission to democratize real estate investment in high-growth markets. By integrating Pay to Card, Stake reinforces its commitment to customer-centric innovation and operational transparency.

Also Read: Binance Enters Syrian Market As Sanctions Lifted

Remo Giovanni Abbondandolo, General Manager for MENA at Checkout.com, praised the collaboration: “Stake has always led with customer-first financial experiences. Together, we’re meeting the expectations of a region that is no longer just digital-first, but real-time-first. Pay to Card exemplifies how modern payment infrastructure can directly solve investor pain points”.

Pay to Card is now available to all Stake users in the United Arab Emirates, the Kingdom of Saudi Arabia, and the United Kingdom. By slashing withdrawal times from days to minutes, Stake and Checkout.com are setting a new standard for seamless, on-demand real estate investing.