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BUSINESS

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RAKBANK and Mastercard strengthen strategic relationship to drive payments innovation
July 14th, 2026 - 06:46 GMT

RAKBANK and Mastercard strengthen strategic relationship to drive payments innovation

RAKBANK and Mastercard today renewed their collaboration agreement to support continued payments innovation by delivering enhanced solutions across retail, business and wholesale banking. Building on their long-standing strategic relationship, the move reflects a shared commitment to developing secure and more seamless payment experiences that meet the evolving needs of consumers and businesses in an increasingly digital world. Mastercard will support RAKBANK in advancing its capabilities across digital transactions, embedded commerce and next-generation payment technologies. The collaboration aligns with the UAE's broader ambition to accelerate digital payment adoption and strengthen the ...
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