Connect with us

News

Payment Experts Payrails Team With Ride Hailing App inDrive

The partnership solves the complexities of integrating various regional payment service providers into the global mobility service.

Published

on

payment experts payrails team with ride hailing app indrive
Payrails

Payment platform Payrails has announced a strategic collaboration with inDrive, the world’s second-most-downloaded ride-hailing app. The partnership is already helping the California-based inDrive overcome the complexities of integrating various payment service providers and alternative payment methods across different regions, including MENA.

Payrails’ solution is provider agnostic, and features dynamic payment routing, and extended coverage of alternative (regional) payment methods. The technology is complex, but the main takeaway is that inDrive has already seen an 11% increase in card approval rates and significantly boosted conversions, enhancing profits for inDrive and improving income security for its workers.

Payrails also delivers a streamlined experience for inDrive’s developers by offering a single API (application programming interface) eliminating the need for multiple individual integrations with different regional payment providers and payment methods.

Vasiliy Everstov, Head of Fintech at inDrive, expressed enthusiasm about the results, stating: “Partnering with Payrails empowers us to activate all of our key payment objectives for the business across our top priority markets. Together, we are driving tech innovation in the mobility industry and unlocking new opportunities for drivers and consumers alike”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Orkhan Abdullayev, Co-Founder and CEO of Payrails echoed this sentiment, remarking, “Collaborating with inDrive to revolutionize global payment processing underscores our commitment to providing innovative solutions in the MENA region and beyond that address the evolving needs of large enterprises. Our aim is to set new benchmarks of excellence for payment solutions across key industries worldwide”.

Through the collaboration, inDrive can now access and automate the optimal payment routes in each market at the lowest cost, driving efficiency and profitability in a highly competitive sector.

Advertisement

📢 Get Exclusive Monthly Articles, Updates & Tech Tips Right In Your Inbox!

JOIN 17K+ SUBSCRIBERS

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Amazon Prime Day 2024: Get Ready For 6 Days Of Amazing Deals

The hotly-anticipated annual event has been extended to nearly a full week, with hot offers arriving from July 16 to July 21 exclusively for Prime members.

Published

on

amazon prime day 2024 get ready for six days of amazing deals
Amazon

Amazon’s highly anticipated Prime Day event is returning this summer on Amazon.ae, exclusively for Prime members. This year, for the first time in the UAE, Prime Day will span six full days, kicking off at 00:01am (local UAE time) on July 16 and running until July 21. During this period, Prime members in the UAE can look forward to substantial discounts across over 30 product categories, including electronics, gaming, fashion, beauty, Amazon Fresh grocery, kitchen, home, health, sports, and Amazon Devices.

Prime members shopping on Amazon.ae will have access to an extensive selection of deals from leading local and international brands such as Nivea, Samsung, Skechers, Guess, Joseph & Joseph, Cetaphil, Nespresso, Black+Decker, Microsoft, Lenovo, Lego, OnePlus, Anker, Roborock, and many more, including local small and medium-sized businesses.

Also Read: Top E-Commerce Websites In The Middle East In 2024

Additionally, Prime members will benefit from Prime Day deals available on Amazon US, UK, and Germany through the Amazon.ae Global Store, featuring free international shipping with no minimum purchase required.

Stefano Martinelli, Vice President of Amazon UAE and Saudi Arabia, said: “This is the first year in the UAE that we extend Prime Day for six full days, catering to customer demand, and we look forward to celebrating this with members across the country as we show up for them with incredible deals. Prime Day will always be the most compelling time to join Prime to enjoy savings, convenience, and entertainment all rolled into one single membership, it’s about getting the most value out of Amazon”.

Preparing For Prime Day

Not a Prime member yet? There’s still plenty of time to join Prime and start saving while enjoying fast free delivery! Members can join Prime at Amazon.ae/prime for AED 16 per month or an annual fee of AED 140.

As well as benefiting from the epic deals on offer, a Prime membership also gives members access to year-round features including Prime Video, Amazon Fresh grocery and everyday essentials, and Prime Gaming.

Continue Reading

#Trending