Mastercard has announced a strategic collaboration with Qlub , a leading fintech innovator in the hospitality sector, to advance digital and contactless payments across the GCC. This marks a significant step towards enhancing the digital payment landscape in the region by meeting the growing demand for seamless, technology-driven dining experiences.
The collaboration will see Mastercard bring its cutting-edge payment solutions, platforms, and technologies to Qlub. Additionally, Mastercard will make a minority investment in the fintech company. As part of the agreement, Mastercard will process Qlub's card-not-present transactions through Mastercard Gateway in markets, including the UAE, KSA, Qatar, Kuwait, and Bahrain.
In 2023, Qlub joined Start Path, Mastercard's award-winning startup engagement program. The ongoing relationship underscores Mastercard's commitment to scaling digital commerce in high-growth industries. Together, the two companies aim to reshape the hospitality sector's payments experience by leveraging cutting-edge technology, operational expertise, and Mastercard's global payments infrastructure.
