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Step Conference Opens Its Doors On February 21, 2024

The event is now the largest tech festival in Dubai, attracting hundreds of global startups, investors, and over 8,000 attendees.

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step conference opens its doors on february 21, 2024

Dubai’s premier tech expo, Step Conference, is gearing up for its 12th event on February 21st and 22nd at Dubai Internet City, welcoming over 400 startups and 8,000 attendees. The annual conference has become known as a place to forge connections with like-minded individuals, as well as a platform for potential investment opportunities.

Step Conference hosts 4 stages of tech-related content, workshops, entertainment, and more. This year’s event will explore the latest trends and innovations across the startup, fintech, AI, and wellness sectors. Industry leaders, including Faraz Khalid, CEO of noon, Zuby, Amjad Masad of Replit, Dr. Jonathan Doerr of Antler MENAP, and GV Ravishankar of Peak XV Partners, will be on hand to share insights and lead discussion panels.

This year, Step Conference will also unveil several exciting new additions. The AI Track will immerse event goers in captivating discussions, embracing topics including Large Language Models (LLMs), Co-pilot systems, and advanced neural networks. Meanwhile, the Founder’s Circle will host exclusive discussions for startup founders seeking expert guidance. The new features promise to enrich the Step Conference experience, helping to promote innovation and reshape the tech landscape.

Also Read: Saudi Arabia Unveils World’s First Gaming And eSport District

If you’re a startup founder, industry expert, or simply interested in tech and innovation, Step Conference promises to be a standout event for early 2024.

To unlock early bird pricing and buy tickets, head over to the official website. If you’re a startup and interested in attending, you can submit an application here.

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Checkout.com Brings Visa Direct Push-To-Card To The UAE

The payment company is the first acquirer in the UAE to launch Visa Direct’s solution, enabling safe, instant money transfers.

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checkout.com brings visa direct push-to-card to the uae

Checkout.com has taken the UAE a step closer to its goal of a fully digital economy by becoming the first acquirer in the country to offer Visa Direct’s Push-to-Card solution. The new service will streamline money transfers for both businesses and consumers, enabling near-instant transactions across local and international markets.

Visa Direct connects over 190 markets and supports over 8.5 billion endpoints, including cards, bank accounts, and digital wallets. Push-to-Card transactions enhance efficiency for business users and consumers by allowing money to be sent quickly and easily to eligible Visa cards while leveraging the company’s secure network for reliability.

checkout and visa uae partnership

“Visa Direct is transforming the way money moves globally, and we are excited to see Checkout.com leverage this technology to meet the evolving demands of businesses and individuals alike by offering them a faster, more convenient, and secure way to send and receive funds,” said Shahebaz Khan, Senior Vice President and Head of Commercial and Money Movement Solutions, CEMEA.

The UAE has been at the forefront of digital payment adoption, driven by a national push toward a cashless economy. Remo Giovanni Abbondandolo, General Manager for MENA at Checkout.com, emphasized this shift: “By providing seamless, secure, and real-time payout capabilities, we’re empowering merchants with the agility to thrive in this fast-evolving landscape, while effectively meeting the growing consumer demand for speed and convenience. The Push-to-Card solution not only reinforces our commitment to powering payment performance but also showcases our agility in bringing yet another innovation to the UAE market.”

Also Read: Qareeb Partners With Pantheon For GCC Bitcoin Mining Expansion

Checkout.com’s latest MENA eCommerce data highlights the region’s increasing engagement with financial technologies, with around 80% of consumers participating in activities beyond basic online payments, such as money transfers and personal wealth management. The growing demand for real-time financial transactions has made fast, seamless payment solutions a priority.

To meet this demand, Account Funding Transactions (AFTs) have gained traction in the UAE. By integrating AFTs with Visa’s Push-to-Card services, Checkout.com is helping merchants offer secure, real-time account top-ups. Currently processing over one million AFTs per month with Visa, Checkout.com is now playing a leading role in modernizing financial transactions in the region.

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