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.