MENA-focused payment orchestration platform MoneyHash has announced a strategic partnership with noon Payments, the digital payment gateway of e-commerce giant noon. The collaboration is set to provide businesses with seamless, single-API access to a wide array of local payment methods across the GCC and the wider Middle East and Africa region.
Key Payment Networks Covered
The partnership enables businesses to instantly activate key local payment methods across multiple countries, including:
- Mada (Saudi Arabia)
- KNET (Kuwait)
- Benefit (Bahrain)
- Meeza (Egypt)
- Omannet (Oman)
The collaboration targets merchants operating in Saudi Arabia, UAE, Egypt, Kuwait, and Oman.
Solving the Fragmentation Challenge
This partnership directly addresses one of the most significant hurdles for businesses scaling in the MEA region: a complex and fragmented payment landscape. Previously, expanding across borders required merchants to build and manage multiple, costly integrations with different local payment providers. This collaboration offers a unified solution, abstracting away that complexity.
“MoneyHash’s orchestration technology bridges the gap between fragmented payment infrastructures and growing merchant needs,” said Nader Abdelrazik, CEO of MoneyHash. “Partnering with noon Payments allows us to deliver even more value to businesses looking to scale.”
Benefits for Scaling Businesses
By combining noon Payments’ robust regional acquiring network with MoneyHash’s intelligent orchestration layer, the partnership delivers several key advantages for enterprise merchants and digital-first companies:
- Accelerated Go-To-Market: Businesses can enter new regional markets and accept local payments much faster.
- Simplified Operations: Merchants can manage their entire regional payment stack through a single, streamlined backend.
- Enhanced Customer Experience: Offering customers their preferred local payment methods at checkout can significantly improve conversion and approval rates.
- Reduced Complexity: Businesses can avoid the high cost and effort of managing numerous individual integrations and compliance protocols.
About the Partners
- MoneyHash: A leading payment orchestration platform in the Middle East and Africa, providing a unified infrastructure for businesses to build and manage their entire payment stack.
- noon Payments: The comprehensive digital payment gateway of the regional e-commerce leader noon, offering a wide range of local payment acceptance solutions.
Looking Ahead
This partnership is a significant development for the regional e-commerce ecosystem. It provides a crucial piece of infrastructure that empowers businesses to scale across the MEA region more efficiently. By simplifying cross-border payments, the MoneyHash-noon collaboration is helping to build a more integrated and accessible digital economy for everyone.
Source: Waya
