The partnership simplifies payment processes for OTAs, fostering relationships in the travel industry.
The collaboration introduces virtual cards, leading to higher conversion rates for customers.
Checkout.com, a service provider in the global digital
payments arena, has unveiled a strategic collaboration with Mastercard aimed at
introducing virtual cards to Online Travel Agents (OTAs). This collaboration marks
a step forward in enhancing payment efficiency within the travel industry.
Transforming Online Travel Payment Processes
Under the umbrella of the Mastercard Wholesale Program,
designed to alleviate costs for travel enterprises through the utilization of
virtual card technology alongside a pricing structure, Checkout.com customers are
set to benefit. The integration of virtual cards promises to facilitate
smoother transactions for customers, while concurrently enhancing conversion
rates.
George Simon, EVP, Market Development, Mastercard Europe, Source: LinkedIn
"Mastercard remains committed to powering the travel
economy with digital payment solutions that provide greater flexibility,
visibility, and protection. Over 400,000 travel providers worldwide already
rely on us to enable payments through the Mastercard Wholesale Program, and
we're thrilled to be collaborating with Checkout.com to support their customers
to embrace the next generation of payment solutions for B2B travel," said
George Simon, EVP, Market Development, Mastercard Europe.
Payment Integration Enhances Efficiency for OTAs
The essence of this collaboration lies in amalgamating
acquiring and issuing functionalities, thus furnishing OTAs with a streamlined
mechanism for managing payments across their ecosystem. Traditionally, the
bifurcation of these processes could engender inefficiencies and susceptibility
to errors. However, Checkout.com's integrated solution is positioned to
mitigate such challenges, ensuring a seamless transition from customer payment
acquisition to supplier remittances.
Meron Colbeci, Chief Product Officer at Checkout.com, Source: LinkedIn
By ushering in a cohesive approach to payment management,
Checkout.com seeks to fortify trust and bolster relationships within the OTA
landscape.
"We're delighted to partner with Mastercard to
complement our virtual card issuing solution, enabling Online Travel Agents to
unlock new revenue streams and deliver a connected customer experience.
Together we'll offer higher payment performance to travel merchants by
combining the Mastercard Wholesale Program with our single integration
connecting acquired sales to issued cards, which unifies acquiring and issuing,
for better cash flow management," said Meron Colbeci, Chief Product
Officer at Checkout.com.
Checkout.com, a service provider in the global digital
payments arena, has unveiled a strategic collaboration with Mastercard aimed at
introducing virtual cards to Online Travel Agents (OTAs). This collaboration marks
a step forward in enhancing payment efficiency within the travel industry.
Transforming Online Travel Payment Processes
Under the umbrella of the Mastercard Wholesale Program,
designed to alleviate costs for travel enterprises through the utilization of
virtual card technology alongside a pricing structure, Checkout.com customers are
set to benefit. The integration of virtual cards promises to facilitate
smoother transactions for customers, while concurrently enhancing conversion
rates.
George Simon, EVP, Market Development, Mastercard Europe, Source: LinkedIn
"Mastercard remains committed to powering the travel
economy with digital payment solutions that provide greater flexibility,
visibility, and protection. Over 400,000 travel providers worldwide already
rely on us to enable payments through the Mastercard Wholesale Program, and
we're thrilled to be collaborating with Checkout.com to support their customers
to embrace the next generation of payment solutions for B2B travel," said
George Simon, EVP, Market Development, Mastercard Europe.
Payment Integration Enhances Efficiency for OTAs
The essence of this collaboration lies in amalgamating
acquiring and issuing functionalities, thus furnishing OTAs with a streamlined
mechanism for managing payments across their ecosystem. Traditionally, the
bifurcation of these processes could engender inefficiencies and susceptibility
to errors. However, Checkout.com's integrated solution is positioned to
mitigate such challenges, ensuring a seamless transition from customer payment
acquisition to supplier remittances.
Meron Colbeci, Chief Product Officer at Checkout.com, Source: LinkedIn
By ushering in a cohesive approach to payment management,
Checkout.com seeks to fortify trust and bolster relationships within the OTA
landscape.
"We're delighted to partner with Mastercard to
complement our virtual card issuing solution, enabling Online Travel Agents to
unlock new revenue streams and deliver a connected customer experience.
Together we'll offer higher payment performance to travel merchants by
combining the Mastercard Wholesale Program with our single integration
connecting acquired sales to issued cards, which unifies acquiring and issuing,
for better cash flow management," said Meron Colbeci, Chief Product
Officer at Checkout.com.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
AI Joins Africa’s Rulebook as Nigeria Orders Automated AML, Gives Fintechs 2 Years to Comply
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
